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Paducah Mayor Signs Floodwall Reconstruction Financial Cost Sharing Agreement

Paducah City Hall

The Paducah Board of Commissioners approved an ordinance Tuesday night for a Project Partnership Agreement between the Department of the Army and the City of Paducah for a floodwall reconstruction project.

Colonel Christopher Beck serves as Commander of the U.S. Army Corps of Engineers Louisville District. He signed the agreement with Mayor Harless establishing the financial cost sharing between the federal government and the city. The rehabilitation is projected to cost $32.5 million. The agreement outlines that the federal government is responsible for approximately 65 percent (or $21.1 million) of the cost. The City of Paducah’s 35 percent (or $11.4 million) portion will be a combination of in-kind and cash funds. According to the USACE, an estimated $1.2 billion dollars of City and County assets are protected by Paducah’s floodwall protection system.

 

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