HomeMy WebLinkAbout11/05/12NOVEMBER 5, 2012
At a Called Meeting of the Board of Commissioners, held on Monday, November 5, 2012, at 4:30 p.m., in
the City Chambers of City Hall, Mayor Paxton presided, and upon call of the roll by the City Clerk, the
following answered to their names: Commissioners Abraham, Gault, Kaler, Watkins and Mayor Paxton
(5).
MOTIONS
R & F CALLED MEETING NOTICES
Commissioner Abraham offered motion, seconded by Commissioner Gault, that the Notice of Called
Meeting for Monday, November 5, 2012, be received and filed.
Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Kaler, Watkins and Mayor Paxton (5).
EXECUTIVE SESSION
Commissioner Gault offered motion, seconded by Commissioner Abraham, that the Board go into closed
session for discussion of matters pertaining to the following topics:
• A specific proposal by a business entity where public discussion of the subject matter would
jeopardize the location, retention, expansion or upgrading of a business entity, as permitted by KRS
61.810(1)(g).
Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Kaler, Watkins and Mayor Paxton (5).
OPEN SESSION
Commissioner Watkins offered motion, seconded by Commissioner Kaler, that the Board reconvene in
Open Session.
Adopted on call of All in Favor.
ORDINANCE — INTRODUCTION
APPROVAL OF ECONOMIC DEVELOPMENT INCENTIVE AGREEMENT
Commissioner Kaler offered motion, seconded by Commissioner Watkins, that the
Board of Commissioners introduce an ordinance entitled, ""AN ORDINANCE OF THE CITY OF
PADUCAH, KENTUCKY, DECLARING SUPPORT FOR AND AUTHORIZING CERTAIN ACTIONS
TO ENABLE G.P.E.D.C., INC., DOING BUSINESS UNDER THE ASSUMED NAME OF THE
GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL, INC TO PARTNER WITH
TELETECH SERVICES CORPORATION FOR THE DEVELOPMENT AND LOCATION OF A
GENERAL AND ADMINISTRATIVE OFFICES FOR CUSTOMER CARE CENTERS WITHIN THE
BOUNDARIES OF THE CITY OF PADUCAH, MCCRACKEN COUNTY KENTUCKY; AND
FURTHER AUTHORIZING THE EXECUTION OF VARIOUS DOCUMENTS RELATED THERETO."
This ordinance is summarized as follows: In this Ordinance the City of Paducah ("City") declares support
for and authorizes certain actions to enable G.P.E.D.C., INC., doing business under the assumed name of
the GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL, INC., a Kentucky not -for -profit -
corporation ("GPEDC") to partner with TeleTech Services Corporation ("TeleTech") to develop and locate
general and administrative offices for customer care centers in a certain planned office park called the
Paducah Commerce Park located on McCracken Boulevard (the "Commerce Park Property"), and in a
second location currently referred to as the Commerce Center located at 401 Kentucky Avenue, Paducah
KY, 42003 (the "Commerce Center Property"), all within the boundaries of Paducah, McCracken County,
Kentucky; (together, the "Project"); which cooperative, mutual endeavor has been evidenced by a certain
Memorandum of Understanding dated November 1, 2012, (the "MOU") and entered into by and between
GPEDC and TeleTech.
Further, this Ordinance authorizes the transfer of the Commerce Center Property to GPEDC for
$1.00 and to allocate up to $1.35 million to the Project to assist GPEDC in its commitment to provide
investment funds for the construction of and renovation of the customer care centers on the Commerce Park
Property and the Commerce Center Property, respectively.
Upon motion the meeting adjourned.
ADOPTED: November 13., 2012
City Clerk