HomeMy WebLinkAbout2009-2-7517ORDINANCE NO. 2009-2-7517
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A
CONTRACT WITH MARTIN, COLSON, HALE, AND HENDERSON, IN AN
AMOUNT NOT TO EXCEED $7,500 TO PREPARE A REPORT ON THE RANGE OF
( POSSIBLE TAX RATES EXPECTED FOR BUSINESS LICENSE TAX ASSUMING A
CHANGE TO NET INCOME BASIS AND THE SIGNIFICANT ASSOCIATED
ASSUMPTIONS FOR THE CITY OF PADUCAH
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1 That the Mayor is hereby authorized to execute a Contract
with Martin, Colson, Hale, and Henderson, in an amount not to exceed $7,500 to prepare
a report on the range of possible tax rates expected for business license tax assuming a
change to net income basis and the significant associated assumptions for the City of
Paducah.
SECTION 2. This expense will be funded through the Business License
Study Project account number MR0034.
SECTION 3. This ordinance shall be read on two separate days and will
become effective upon summary publication pursuant to KRS Chapter 424.
ATTEST:
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Tammara S. Brock, City Clerk
Introduced by the Board of Commissioners, January 27, 2009
Adopted by the Board of Commissioners, February 3, 2009
Recorded by Tammara S. Brock, City Clerk, February 3, 2009
Published by The Paducah Sun, February 10, 2009
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