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HomeMy WebLinkAbout81-7-2120124 ORDINANCE NO. 81-7-2120 AN ORDINANCE ACCEPTING THE PROPOSAL OF JAKE BROWN AND ASSOCIATES AS AUCTIONEER FOR THE PUBLIC AUCTION OF CERTAIN REAL ESTATE OWNED BY THE CITY OF PADUCAH WHEREAS, the -City -of Paducah owns certain real estate consisting of City lots which are excess real- estate and of -no value to the City for Governmental purposes, and WHEREAS, Kentucky Revised- Statutes allow the City to dispose of excess real estate by :means of a public auction, and WHEREAS, Jake Brown and Associates have submitted a proposal to the City for- auctioning certain -City property; NOW, THEREFORE, BE IT ORDAINED BY THE CITY 'OF PADUCAH, . KENTUCKY: SECTION 1.. The Mayor is hereby authorized to enter into an agreement with Jake Brown. and Associates to act as auctioneer for the City of Paducah on the following described property: A. Real estate lots within the City of Paducah more particularly described by their street address as follows: West side 11th 74.67' south of Adams Street Northeast corner" of 19th & Clark Street East side Wagner 362' from 6th Street 630 Flournoy- Street 820 North 7th Street 6-09 Campbell Street 1011 North 7th Street East side Grover 40' north of 11th Street 1004 North 12th Street Metcalf Lane, 276.6' x 315 157 Nelson Park Road North side 28th Street 80' east of Cornell South side Center Street 40' east of Mississippi North side Center Street 40' east of 24th Street 1101 South 4th Street West side 4th Street between George & Husbands 632 Husbands Street 1446 South 9th Street 1000 South 9th Street 1355 South 9th Street 125 North side Elizabeth between 9th & 10th West side Walter Jetton Blvd., between Husbands & Bachman 200 Hays Avenue 428 Ashbrook Ave. Northwest side of Bethel 40' from Parker Street Southwest corner Main & Parker North side Roosevelt 150' -from Bloom - 137 Roosevelt - North side Roosevelt 200' from Shelby-- 551 helby-°551 Todd Blvd. South side Todd 100' from Bloom North side Custic 100' from Bloom Southeast corner Roosevelt & Shelby North side Todd 150' from Shelby 149 Todd Blvd. Todd Blvd., 48.3' from Harding 101 Virgie Street Northeast corner Davis & Walnut Chestnut Street South side Minnich 346.5' west of Lillian South . side Walnut 200' from Davis South side Hickory 210.03' west of Davis All lots to be more particularly described by records in the office of the City Engineer. SECTION 2. Subject to approval by the Board of Commissioners, the property located at 9th and Madison Streets - formerly Public Works Department. SECTION 3. All real estate is to be sold by Quitclaim Deed for cash to the highest bidder. The City reserves the right to reject any and all bids received, and all sales of real estate are subject to confirmation by the Board of Commissioners within thirty (30) days from the date of the auction. SECTION 4. The City Treasurer is hereby authorized to pay Jake Brown and Associates a fee for their services computed as follows: A. A maximum of $1,000 for advertising, plus B. Seven percent (7%) of the gross sales price of all real estate. 126 SECTION 5. This ordinance shall be read on two separate days and will be effective upon publication of title and a certified summary thereof. Mayor Introduced by the Board of Commissioners June 23,- 1981 -- Passed by the Board of Commissioners July 14, 1981 Recorded by Louise McKinney-, -.City -clerk;'-July-14; .1981; - Published by The Paducah Sun July 20, 1981.