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HomeMy WebLinkAbout77-4-1413475 ORDINANCE NO. 77-4-1413 AN ORDINANCE AUTHORIZING THE CITY MANAGER AND CITY TREASURER TO PAY THE SUM OF $31,000.00 TO CHARLES E. TURNER AND WIFE, CAROLYN W. TURNER, FOR THE PURCHASE OF PROPERTY LOCATED ON THE WEST SIDE OF SOUTH THIRD STREET AND KNOWN AS 223 SOUTH THIRD STREET IN THE CITY OF PADUCAH, KENTUCKY BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City Manager and the City Treasurer be, and they are hereby, authorized to pay to Charles E. Turner and wife, Carolyn W. Turner, the sum of $31,000.00 for the purchase of the real property located on the west side of South Third Street and known as 223 South Third Street in the City of Paducah, Kentucky, and which is more particularly described as follows: Parcel 3-B, Block 1 - 3,998.61 square feet. Being a part of Lot No. 128 in Block No. 15 of Addition "A" lying on the West side of South 3rd Street between Court Street and Washington Street, and beginning at a point in the West line of 3rd Street, 242 feet 6 inches from the Southwest corner of the interesection of 3rd Street and Kentucky Avenue; thence in a Westerly direction toward 4th Street and parallel with Kentucky Avenue 173 feet 3 inches; thence at right angles and parallel with Washing- ton Street 173 feet 3 inches to the South line of 3rd Street thence at right angles and with the West line of 3rd Street in' a Northerly direction 23 feet 1 inch to the point of beginning. Being the same property conveyed to James W. Barclay and Charles E. Turner, d/b/a Business Equipment and Supplies, by deed dated December 13, 1956 and of record in Deed Book 483, Page 287 in the McCracken County Court Clerk's office; and the interest of James W. Barclay in and to the same having been conveyed to Charles E. Turner by deed dated August 30, 1968, and of re- cord in Deed Book 501, Page 133 in said Clerk's office. SECTION 2. Prior to the payment of the aforesaid $31,000.00, the City Manager and the City Treasurer shall receive from the Sellers, Charles E. Turner and wife, Carolyn W. Turner, an approved Attorney's Certificate of Title and a General Warranty Deed conveying the aforedescribed property to the City of Paducah, Kentucky, each of the aforesaid items to be prepared at the expense of the Sellers. SECTION 3. The aforesaid deed shall further provide that the Charles E. Turner and wife, Carolyn W. Turner, shall pay half of the 1977 state and county taxes assessed as of January 1, 1977 -.and shall .=pay the second installment of the City of Paducah taxes .for the fiscal year 1976-1977, - assessed as of January 1, 1976; the City of Paducah is to assume and pay any and all taxes due thereafter. SECTION 4. The purchas shall ' be paid by -the City Treasure Account No. 9094. SECTION 5. This ordinanc for one week for public inspection upon its final passage, and if ado days thereafter. Introduced by the Board of Passed by the Board of Co Recorded by Louise McKim 476