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HomeMy WebLinkAboutMO # 1619MUNICIPAL ORDER NO. 1619 A MUNICIPAL ORDER AUTHORIZING THE MAYOR TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF PADUCAH AND THE W. C. YOUNG COMMUNITY CENTER FOR LEASE OF PROPERTY LOCATED AT 505 SOUTH EIGHTH STREET BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized to execute a Lease Agreement between the City of Paducah, Kentucky, and the W.C. Young Community Center. This agreement is for leasing property located at 505 South Eighth Street. SECTION 2. The term of the aforesaid lease authorized in Section 1 above shall commence on July 1, 2011, and will terminate June 30, 2015. The lease can be extended for two additional three-year consecutive terms, unless either party gives written notice of termination no later than 90 days prior to the end of the term or renewal term. SECTION 3. This Order shall be in full force and effect from and after the date of its adoption. ATTEST: Tammara S. Brock, City Clerk Adopted by the Board of Commissioners, July 12, 2011 Recorded by Tammara S. Brock, City Clerk, July 12, 2011 \mo\Lease — WCYoung Community Center 2011