City commission approves $150K funding transfer for finishing touches at Kresge demolition project
PADUCAH — The Paducah City Commission has approved transferring $150,000 into the account for the finishing steps of the former Kresge building demolition project.
The money is to stabilize the ground at 318 Broadway Street, where the building once stood. The Kresge store opened in 1914 and stayed in business until 1980. In the years since, the building fell into disrepair, and it was demolished after a structural engineer hired by the city found that it was a public safety hazard.
During Tuesday’s city commission meeting, members approved a municipal order to transfer $150,000 from the City Commission Contingency Account into the demolition project account. Paducah City Manager Jim Arndt said the money was already planned to be used for the project in the budget.
“We’re hoping that we’ll be able to finish this up with what we have budgeted. Of course we do have this also in the FY 20 budget and in the capital improvements plan, because we do anticipate some carryover.”