Presentation of BUILD Grant Excursion Boat Landing Concept Drawings
City Engineer Rick Murphy presented to the Paducah Board of Commissioners concept drawings for the riverboat boat landing facility that would be funded by the BUILD grant. Last November, the City received news that we would be receiving $10.4 million in Better Utilizing Investments to Leverage Development (BUILD) funds. The City’s approved application includes building a riverboat excursion pier and plaza. The concept drawings presented at the meeting show the riverboat landing facility parallel to the riverfront. This fixed construction facility would provide a safer and easier docking area as we continue to grow our tourism economy as a destination. Murphy also showed artistic concepts for the two concrete foundations located along the riverfront. Those structures are remnants of a conveyor system to offload materials from barges. To view BUILD grant information including the concept drawings, visit http://paducahky.gov/build-grant-2019.
Greater Paducah Economic Development (GPED) Update
Greater Paducah Economic Development’s President/CEO Bruce Wilcox updated the Paducah Board of Commissioners on GPED’s activities since mid-June. Wilcox outlined several of GPED’s accomplishments including the negotiations for the sale of the Genova building, the installation of new signage at Industrial Park West, the brokerage and option agreements for several properties at the Triple Rail site, discussions with the Riverport regarding container-on-barge initiatives, the launch of a new website, and work with local partners including the Industrial Development Authority and Sprocket. Wilcox says GPED is working with 20 projects in various stages of development.
Employee Benefit Plans Briefing
Benefits Advisor DJ Story with Peel & Holland provided an overview of the City of Paducah’s 2021 health insurance plan through Anthem Blue Cross Blue Shield as the City’s third-party administrator. Those who participate in the City’s health plan will have no change to their health insurance premiums as compared to this current year. The City has maintained the same health insurance premium rates for nine consecutive years which is quite unusual and an indication of the good management of the health plan and the City’s dedication to employee wellness. The City of Paducah has a self-insured health insurance plan which means the premiums paid into the plan by the employees are used to pay the claims. Story commended the City for focusing on health and wellness and being able to keep the rates flat. Story said, “What the City has been able to do is remarkable. It shows a financial focus on wellness.”
Actions taken by the Paducah Board of Commissioners regarding health insurance are as follows: