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Home My WebLink About80-4-1891579 ORDINANCE NO. 80-4-1891 AN. ORDINANCE AUTHORIZING PAYMENT OF JUDGMENT OF McCRACKEN CIRCUIT COURT, IN FAVOR OF WESTERN. KENTUCKY SENIOR CITIZENS UNION LABOR HOUSING, INC. WHEREAS, the Western Kentucky Senior Citizens Union Labor Housing, Inc., paid real estate taxes to the City of Paducah, in the years 1973, 1974, 1975, 1976 and 1977 in the total sum of $59,170.85, as determined by Judge Price, McCracken Circuit Court, and WHEREAS, the above mentioned taxes were ordered refunded by the McCracken Circuit Court in Civil Action No. 16,736 due to the finding of the Court that the Western Kentucky Senior Citizens Union Labor Housing, Inc . , is tax exempt under the constitution for the Commonwealth of Kentucky, and WHEREAS, it was further ordered by the Court that the City of Paducah pay to Western Kentucky Senior Citizens Union Labor Housing, Inc . , the sum of $16,302.65 in interest, and WHEREAS, the City of Paducah has entered into negotiations with Western Kentucky Senior Citizens Union Labor Housing, Inc . , in which it was agreed that the interest payment would be reduced to the sum of $2,500.00, and WHEREAS, it is the recommendation of the Corporation Counsel that said judgment be satisfied by payment of $61,670.85, including the taxes paid and interest. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City Manger be directed to satisfy the judgment entered by the McCracken Circuit Court in Civil Action No. 16,736 by refunding to Western Kentucky Senior Citizens Union Labor Housing, Inc . , the total sum of $61,670.85 which includes taxes paid and interest. The City Treasurer is hereby authorized to disburse the above amount to Western Kentucky Senior Citizens Union Labor Housing, Inc. SECTION 2. The Corporation Counsel is authorized to execute any and all legal documents necessary to dismiss the law suit pending in McCracken Circuit Court filed by Western Kentucky Senior Citizens Union Labor Housing, Inc . , against the City of Paducah. SECTION 3. The payments made as authorized in Section 1 hereby should be charged to the following accounts: General Fund Tax Distribution, $42,496.69; Sinking Fund, $3,088.27; Interest on Voted Bonds, $3,849.26, Appointive Employees' Pension Fund, $886.62; Kentucky Retirement Fund, $3,899.03; Public Library, $4,950.99; Account No. 1565, Suits and Claims, $2,500.00; total $61,670.85. 580 SECTION 4. This ordinance shall be introduced and remain on file for one week for public inspection in the completed form in which it shall be put upon its final passage, and if adopted shall be in full force and effect ten (10) days thereafter. l Mayor Introduced by the Board of Commissioners March 25, 1980 Passed by the Board of Commissioners April 8, 1980 Recorded by Louise McKinney, City Clerk, April 8, 1980.