HomeMy WebLinkAboutMO # 1558126746
lulh!C6117.11103.910 %, •
A MUNICIPAL ORDER AUTHORIZING AND APPROVING THE TRANSFER OF
THE REAL PROPERTY LOCATED AT 431 PARK AVENUE, PADUCAH, KY, FROM THE CITY
OF PADUCAH, KENTUCKY, TO THE PADUCAH-MCCRACKEN COUNTY CONVENTION
CENTER CORPORATION FOR THE PUBLIC PURPOSE OF PROMOTING AND FOSTERING
TOURISM AND CONVENTION ACTIVITY
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 transfer the real property located at 431 Park Avenue,
Paducah, McCracken County, Kentucky which is more particularly described on Exhibit "A," attached hereto (the
"Property"), to the Paducah -McCracken County Convention Center Corporation for purposes of promoting and
fostering tourism and convention activity (the "Public Project"); and
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The Board of Commissioners of the City of Paducah hereby approves and
consents to the transfer of the Property from the City of Paducah, Kentucky, to the Paducah -McCracken
County Convention Center Corporation (the "CCC") for` nominal consideration. It is hereby found and
determined that the conveyance is public property to be used by the CCC for the public purposes of
promoting and fostering tourism and convention activity. It is further determined that the Mayor, on behalf
of the City of Paducah, Kentucky, is hereby authorized to execute the general warranty deed and any other
documents necessary to transfer the Property in accordance with this Order.
SECTION 2. Corporate Counsel is authorized to prepare the special warranty deed and any other
documents necessary to accomplish and consummate the transfer of the Property from the City to the CCC in
accordance with this Order.
SECTION 3. If any section, paragraph or provision of this Order 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 Order.
SECTION 4. All ordinances, resolutions, orders or parts thereof in conflict with the provisions of
this Order are, to the extent of such conflict, hereby repealed and the provisions of this Order shall prevail and be
given effect.
SECTION 5. This Order shall be in full force and effect from and after the date of its
adoption.
Mayor
ATTEST:
Tammara S. Brock, City Clerk
Adopted by the Board of Commissioners, July 27, 2010
Recorded by Tammara S. Brock, City Clerk, July 27, 2010
\mo\prop-431 park (king) to CCC
EXHIBIT "A"
A CERTAIN TRACT OF LAND SITUATED IN THE CITY OF
PADUCAH, MCCRACKEN COUNTY, KENTUCKY, AND BOUNDED AS
FOLLOWS, TO WIT:
COMMENCING AT THE INTERSECTION OF THE NORTH LINE OF
TRIMBLE STREET, AND THE EAST LINE OF FIFTH STREET;
THENCE WITH THE NORTH LINE OF TRIMBLE STREET SEVENTY
(70) FEET; THENCE AT RIGHT ANGLES AND IN A NORTHERLY
DIRECTION 165 FEET; THENCE AT RIGHT ANGLES SEVENTY
(70) FEET TO THE EAST LINE OF FIFTH STREET; THENCE
WITH THE EAST LINE OF FIFTH STREET TOWARD TRIMBLE
STREET ONE HUNDRED SIXTY-FIVE (165) FEET TO THE PLACE
OF BEGINNING.
BEING THE SAME PROPERTY CONVEYED TO THE CITY OF
PADUCAH, KENTUCKY, BY DEED DATED JUNE 30, 2010, OF
RECORD IN DEED BOOK 1191, page 119, MCCRACKEN COUNTY
COURT CLERK'S OFFICE.
2