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RESOLUTION NO. 606
A RESOLUTION AMENDING RESOLUTIONS ENTITLED, "A
RESOLUTION OF THE CITY COMMISSION OF THE CITY OF PADUCAH,
KENTUCKY, AUTHORIZING THE ISSUANCE OF AIRPORT LEASE OBLIGA-
TIONS FOR THE BENEFIT OF THE PADUCAH AIRPORT CORPORATION FOR
THE PURPOSE OF FINANCING AN AIRPORT FACILITIES PROJECT;
UNDERTAKING THE ISSUANCE OF AIRPORT LEASE REVENUE OBLIGA-
TIONS TO FINANCE THE PROJECT; AUTHORIZING THE EXECUTION OF A
MEMORANDUM OF AGREEMENT RELATING TO THE PROJECT AND THE
OBLIGATIONS; AND TAKING OTHER PRELIMINARY ACTION"
WHEREAS, Resolutions entitled, "A RESOLUTION OF
THE CITY COMMISSION OF THE CITY OF PADUCAH, KENTUCKY, AUTHO-
RIZING THE ISSUANCE OF AIRPORT LEASE OBLIGATIONS FOR THE
BENEFIT OF THE PADUCAH AIRPORT CORPORATION FOR THE PURPOSE
J OF FINANCING AN AIRPORT FACILITIES PROJECT; UNDERTAKING THE
ISSUANCE OF AIRPORT LEASE REVENUE OBLIGATIONS TO FINANCE THE
PROJECT; AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREE-
MENT RELATING TO THE PROJECT AND THE OBLIGATIONS; AND TARING
OTHER PRELIMINARY ACTION" were adopted by the City of
Paducah on April 9, 1991, and April 23, 1991, and
WHEREAS, the Resolutions and an accompanying
Memorandum of Agreement in various places referred to
"bonds" instead of the correct term "notes"; and
WHEREAS, the amending Resolution is adopted to
correct the foregoing misuse of terms.
BE IT RESOLVED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That at all appropriate places in the
Resolutions adopted on April 9, 1991, and April 23, 1991,
and in an accompanying Memorandum of Agreement where the
word "bonds" is used, the word "note" is hereby inserted.
SECTION 2. In all other respects the aforesaid.
adopted Resolutions and Memorandum of Agreement are hereby
reaffirmed.
SECTION 3. This Resolution will be effective from
and after the date of its adoption.
GERRY B. MONTGOMERY
Mayor
Adopted by the Board of Commissioners August Z0, 1991
Recorded by Lenita Smith, City Clerk, August 20, 1991
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