Loading...
HomeMy WebLinkAbout88-3-4035285 ORDINANCE NO. 83-3-4035 AN ORDINANCE APPROVING AN AMENDMENT TO THE FRANCHISE AGREEMENT BETWEEN THE CITY OF PADUCAH AND CARLTON WATKINS, DBA FUNLAND WHEREAS, the City of Paducah and. Carlton Watkins entered into a Franchise Agreement on the 28th day of March 1970, for the operation of amusement rides in Noble Park within the City of Paducah; and WHEREAS, Section 2 of said franchise provides that Carlton Watkins is to provide liability insurance protecting the City of Paducah in the amount of $100,000 per person and $300,000 per occurrence for personal injury and $5,000 for property damage per occurrence; and WHEREAS, the cost of obtaining liability insurance has become excessive; and WHEREAS, in 1986 the Commonwealth of Kentucky adopted KRS 247.232 through 237.236, regulating amusement rides and attractions; and WHEREAS, KRS 247.234(c) provides among other things if the "amusement ride or amusement attraction is permanently located or erected on a site in this state, the applicant shall be required only to provide proof of liability insurance in the sum of $100,000 or proof of financial responsibility in the sum of $100,000; and WHEREAS, the Board of Commissioners believes that the protection set forth in KRS 247.234 is adequate to provide protection for the City and patrons. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Board of Commissioners hereby approves and authorizes the Mayor to enter into the Franchise Amendment with Carlton Watkins, attached hereto as if set out in full. SECTION 2. This ordinance shall be read on two separate days I, and will become effective upon publication of title and a certified �. yl summary thereof. GERRY B. MONTGOMERY Mayor 286 Introduced by the Board of Commissioners March 8, 1988 Adopted by the Board of Commissioners March 22, 1988 =_Recorded by Lenita Smith, City Clerk, March 22_, 1988 Published by The Paducah Sun, o2g, /� p ORD7