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HomeMy WebLinkAbout2015-06-8261275 188881 ORDINANCE NO. 2015 -6-8261 AN ORDINANCE AUTHORIZING AND APPROVING THE PURCHASE OF A CERTAIN TRACT OF REAL ESTATE GENERALLY LOCATED AT 1408-1410 BROADWAY, PADUCAH, McCRACKEN COUNTY, KENTUCKY, FROM SHAREE DAWN ROBERTS AND HUSBAND, CHARLES RAY ROBERTS, FOR A PUBLIC PURPOSE WHEREAS, the Board of Commissioners of the City of Paducah has determined that it is necessary, appropriate, or in the best interest of the City to purchase a certain tract of real estate generally located at 1408-1410 Broadway, Paducah, McCracken County, Kentucky 42001, which is more particularly described on Exhibit A attached hereto (the "Property"); and WHEREAS, the City of Paducah has reached an agreement for the purchase of the Property with the owner thereof, Sharee Dawn Roberts and husband, Charles Ray Roberts, ("Seller") for a purchase price not to exceed ONE HUNDRED SEVENTY-FIVE THOUSAND AND 00/100 DOLLARS ($175,000.00), which agreement is to be memorialized by a written real estate purchase agreement to be entered into by and between the parties; and WHEREAS, the Board of Commissioners of the City of Paducah concur and find that the purchase of the Property for a purchase price not to exceed ONE HUNDRED SEVENTY- FIVE THOUSAND AND 00/100 DOLLARS ($175,000.00) is in the best interest of the City. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Board of Commissioners of the City of Paducah hereby approves and consents to the purchase and acquisition of the Property from Seller for a purchase price not to exceed ONE HUNDRED SEVENTY-FIVE THOUSAND AND 00/100 DOLLARS ($175,000.00) and further approves of the negotiation and execution of a real estate purchase agreement between the City and Seller upon such terms and conditions approved by Police Chief Brandon Barnhill and Corporate Counsel for the City of Paducah. It is hereby found and determined that the acquisition is public property to be used for the public purposes of the City. SECTION 2. It is further determined that the Mayor, on behalf of the City of Paducah, Kentucky, is authorized to execute the real estate purchase agreement and to execute the warranty deed and any other documents necessary to accomplish and consummate the purchase and acquisition of the Property from Seller in accordance with this Ordinance. 11..� LA _ 1 276 SECTION 3. The Finance Director is hereby authorized to make said expenditure approved in Section 1 from non -rolling stock/property acquisition account #040-1616-521-4207 of the City of Paducah, Kentucky. SECTION 4. Corporate Counsel is hereby authorized to conduct such due diligence and investigation as it deems necessary and in the best interest of the City. Further, Corporate Counsel is authorized to prepare the real estate purchase agreement, warranty deed, closing statement and any other documents necessary to accomplish and consummate the purchase and acquisition of the Property from Seller in accordance with this Ordinance. SECTION 5. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. SECTION 6. This City Commission hereby finds and determines that all formal actions relative to the adoption of this Ordinance were taken in an open meeting of this City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in meetings open to the public, in full compliance with applicable legal requirements. SECTION 7. All ordinances, resolutions, orders or parts thereof in conflict with the provisions of this Ordinance are, to the extent of such conflict, hereby repealed and the provisions of this Ordinance shall prevail and be given effect. SECTION 8. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. YOR ATTEST: TAMMARA S. SANDERSON, CITY CLERK Introduced by the Board of Commissioners, June 16, 2015. Adopted by the Board of Commissioners, June 23, 2015. Recorded by Tammara S. Sanderson, City Clerk, June 23, 2015. Published by The Paducah Sun, June 26, 2015. \ord\police\prop- 1408-14 10 broadway 1 EXHIBIT "A" LYING AND BEING IN THE CITY OF PADUCAH, MCCRACKEN COUNTY, KENTUCKY AND BEING IN ADDITION "L" FOR THE CITY OF PADUCAH, KENTUCKY AND BEING PART OF LOTS #1 AND 2 ALLOTTED TO W. M. MORROW AND DIVISION OF WHAT IS KNOWN AS THE HOBSON LOT OR PARCEL OF LAND CONVEYED TO S. B. HUGHES BY HARIETT A. HARPER AND ROBERT HARPER IN DEED BOOK "V", PAGE 60, AND PLAT SHOWING SAID LOTS IS RECORDED IN DEED BOOK "V", PAGE 372, MCCRACKEN COUNTY COURT CLERK'S OFFICE IN THE DIVISION OF SAID MORROW ESTATE. BEGINNING AT THE NORTHEAST CORNER OF THE HEREIN DESCRIBED LOT OR PARCEL OF LAND AND BEING IN THE NORTHWEST CORNER OF A LOT OR PARCEL OF LAND CONVEYED BY THE PARTIES OF THE FIRST PART HEREIN TO KENTUCKY UTILITIES COMPANY BY DEED DATED JANUARY 24, 1955 AND RECORDED IN DEED BOOK 359, PAGE 91, AFORESAID CLERK'S OFFICE; THENCE WITH THE SOUTHERLY LINE OF BROADWAY IN A WESTWARDLY DIRECTION 57.25 FEET; THENCE AT RIGHT ANGLES AND IN A SOUTHERLY DIRECTION TOWARDS KENTUCKY AVENUE 173.25 FEET TO A STAKE IN THE NORTHERLY LINE OF A CORNER OF AN ALLEY; CORNER TO A LOT FORMERLY OWNED BY ANNIE H. MORROW; THENCE AT RIGHT ANGLES AND IN AN EASTERLY DIRECTION AND TOWARD 13TH STREET, AND WITH THE NORTHERLY LINE OF SAID ALLEY 54.25 FEET TO A STAKE IN THE LINE OF SAID ALLEY; THENCE AT RIGHT ANGLES IN A SOUTHERLY DIRECTION AND TOWARDS KENTUCKY AVENUE 9.75 FEET TO A STAKE; THENCE AT RIGHT ANGLES AND IN AN EASTERLY DIRECTION TOWARDS 13TH STREET PARALLEL WITH THE SOUTHERLY LINE OF BROADWAY, THREE FEET TO A STAKE; THENCE AT RIGHT ANGLES IN A NORTHERLY DIRECTION AND TOWARDS BROADWAY 183 FEET TO A COPPER ROD WITH BRASS CAPS, THE POINT OF BEGINNING. BEING THE SAME PROPERTY CONVEYED TO SHAREE DAWN ROBERTS D/B/A WEB OF THREAD BY DEED DATED JULY 17, 1996, OF RECORD IN DEED BOOK 856, PAGE 461, MCCRACKEN COUNTY COURT CLERK'S OFFICE. 3 fi,i 277