Loading...
HomeMy WebLinkAboutOrd.5377.01-19-2021 BILL NO. 21-07 ORDINANCE NO. 53-71 AN ORDINANCE APPROPRIATING FUNDS RELATED TO THE 2020 MAGNET CONTRACT FOR THE FISCAL YEAR ENDING JUNE 30, 2021, IN THE CITY OF CAPE GIRARDEAU, MISSOURI BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI, AS FOLLOWS : ARTICLE 1 . The City Council of the City of Cape Girardeau, Missouri, hereby appropriates expenditures related to MAGNET marketing fund for : City Manager Contingency - Fifty Thousand Dollars ($50, 000 . 00) to satisfy 2020 Contract for additional funds for purpose of business development in the City of Cape Girardeau . ARTICLE 2 . This ordinance shall be in full force and effect ten days after its passage and approval . PASSED AND APPROVED THIS ` AY OF r 2021 . _11Pi Bob `Fox, Mayor V ATTEST : 0?6 A))bi 0.01 /0 , Gayle . Conrad, City Clerk - ' *., y h. -• to //I -� •......TTS•~A CAPE GIRARDEAU AREA Cape Girardeau Area MAGNET mriGner 220 North Fountain Street Cape Girardeau,MO 63701 Phone 573-3345000 Attracting Business and Industry www.capeareamagnet.com December 22, 2020 Mr. Scott Meyer City of Cape Girardeau City Manager 401 Independence Street Cape Girardeau, MO 63703 Dear Mr. Meyer, As per the 2020 contract between Cape Girardeau Area MAGNET and the City of Cape Girardeau, under section 8, Cape Girardeau Area MAGNET would like to request$50,000 in additional funds for the purpose of bringing business with the city limits of Cape Girardeau. We would like to thank the City of Cape Girardeau for their ongoing support of Cape Girardeau Area MAGNET in our efforts to bring businesses to our region. Respectfully, 1 Charlie Herb Chairman Cape Girardeau Area MAGNET