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HomeMy WebLinkAboutNew Lock at Kentucky Dam289 RESOLUTION In Support of a New Lock at Kentucky Dam WHEREAS, The Kentucky Dam Lock is one of the busiest locks on the Nations inland waterway system handling over 45 million tons a year in waterway traffic; '~~ and WHEREAS, The U.S. Army Corps of Engineers has prepared plans for construction of a new lock at Kentucky Dam to be completed by the year 2007; and WHEREAS, To complete construction by 2007 initial funding of $11.5 million must be included in the Fiscal Year 1999 Federal Budget; and WHEREAS, As a result of increased shipping the waiting time for barge tows to pass through the Kentucky Dam Lock has doubled over the last six years and now averages ahnost eight hours per tow; and WHEREAS, Conservative estimates of the cost benefit ratio for the $533 million project to construct the new lock is $2.50 return for each $1 expended; and WHEREAS, The old lock at Kentucky Dam is now 54 years old and by the year 2008 will have to be shut down for repairs if the new lock is not completed before that date; and WHEREAS, Closing the old Kentucky Dam lock to shipping for repairs would cost the ~~~' national economy half the cost of constructing the new lock. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND THE COMMISSIONERS OF THE CITY OF PADUCAH: That the Mayor and the Board of Commissioners unanimously proclaim its support of U.S. Corps of Engineers plans to construct a new lock at Kentucky Dam and calls upon the Kentucky's Congressional Delegation to support an appropriation of $11.5 million in the Fiscal Year 1999 Federal Budget for the project so the new lock can be completed and opened for traffic by the year 2007. Albert Jones Mayor Adopted by the Board of Commissioners June 9, 1998 Recorded by Lenita Smith, City Clerk, June 9, 1998