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HomeMy WebLinkAbout82-3-2216ORDINANCE NO. 82-3-2216 AN ORDINANCE AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT WITH JAKE BROWN AND ASSOCIATES AS AUCTIONEER FOR THE PUBLIC AUCTION OF SURPLUS PERSONAL PROPERTY AND REAL ESTATE OWNED BY THE CITY OF PADUCAH DURING THE CALENDAR YEAR 1982 WHEREAS, the City of Paducah owns surplus personal property and real estate which are no longer of value to the City for governmental purposes, and WHEREAS, Kentucky Revised Statutes allows the City to dispose of excess property by means of a public auction, and WHEREAS, Jake Brown and Associates have submitted a proposal to the City for auctioning said surplus personal property and real estate. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor be, and he is hereby, authorized to enter into a contract with Jake Brown and Associates to act as auctioneer for the City.of Paducah to sell surplus personal property and real estate, to be designated by the Board of Commissioners, during the calendar year 1982. SECTION 2. The City Treasurer is hereby authorized to pay Jake Brown and Associates a fee for their services computed as follows: 1.. A commission of,10% on all vehicles and equipment; 2. A commission of 7% on all real estate; 3. Advertising costs to be agreed upon by the City Manager and Mayor; 4. Furnish all necessary personnel to conduct auctions; 5. Provide necessary storage facilities at no charge. SECTION 3. This ordinance shall be read on two separate days and will be effective upon publication of title and a certified summary thereof. JOHN K. PENROD Mayor Introduced by the Board of Commissioners March 9, 1982 Passed by the Board of Commissioners March 23, 1982 Recorded by Louise McKinney, City Clerk, March 23, 1982 Published by The Paducah Sun March 29, 1982. 293 v