HomeMy WebLinkAboutSupport of I-66 Projectmk m ~w~ i1~aM. , h.~. ~ _~___ ,.," _ , .. ~ ~ ~J1.~~ ~u ~a~hl„~ ~wL~W~~~~u ~~ ~ ~- ~. a,. ".,"• ~ ,~. ~~~a ~
u ~ 4 .. ,. ,~ ~,~I.
248
RESOLUTION
WHEREAS, a number of cities from Washington, D.C.
to California have elected to join together in support of a
highway project called I-66 Project, Inc., such project
potentially providing substantial economic and social. 1
benefit to the City of Paducah and the region; and J~°J~
WHEREAS, such cities. have agreed to support the
not-for-profit corporation, I-66 Project, Inc., to enhance
the opportunity to have such a highway built through the
Paducah area; and
WHEREAS, such a corporation will have on its
Board one representative from the City of Paducah, such a
representative to act on behalf of the City and in support
of this project. (We would have a representative from one
of our organizations.)
NOW, THEREFORE, the City of Paducah resolves to
endorse the expenditure of its proportionate share of
$1,611.11 each year for three years as the initial
capitalization fee of I-66 Project, Inc., a not-for-profit
corporation based in Cape Girardeau, Missouri.
BE IT FURTHER RESOLVED that the City's
representative to I-66 Project, Inc. be charged with the
responsibility to vote a continuing annual fee decided upon
by the Board of Directors of I-66 Project, as determined by
the financial needs of the corporation.
GERRY B. MONTGOMERY
Mayor
Adopted by the Board of Commissioners June 2, 1989.
Recorded by Lenita Smith, City Clerk, June 2, 1989. r~°`'
\misc/I66.res