Loading...
HomeMy WebLinkAbout2013-09-8071ORDINANCE NO. 2013-9-8071 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT WITH THE GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL FOR SPECIFIC SERVICES THAT WILL INCLUDE SERVICES FOR ENTREPADUCAH BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized to execute a contract with Greater Paducah Economic Development Council in the amount of $250,000, to be paid in equal quarterly allocations of $62,500, for performance of services as outlined in said Contract. Further, the contract sets out services for EntrePaducah with funding from the City in the amount of $50,000, to be paid in equal quarterly allocations of $12,500. This contract shall expire June 30, 2014. SECTION 2. This expenditure will be charged to the Investment Fund account, Project No. ED0006. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: Tammara S. Sanderson, City Clerk 563 Introduced by the Board of Commissioners, August 27, 2013 Adopted by the Board of Commissioners, September 3, 2013 Recorded by Tammara S. Sanderson, City Clerk, September 3, 2013 Published by The Paducah Sun, September 11, 2013 \ord\contract-GPEDC fy13-14