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HomeMy WebLinkAboutMO # 1953MUNICIPAL ORDER NO. 1953 A MUNICIPAL ORDER AUTHORIZING THE MAYOR OF THE MAYOR TO EXECUTE A RELEASE OF DEED RESTRICTION FOR A DEED DATED NOVEMBER 22, 2013, RECORDED IN BOOK 1266, PAGE 680, IN THE McCRACKEN COUNTY CLERK'S OFFICE TO HENRY C. AND NEVA F. RUDY FOR 511 NORTH FIFTH STREET TRACT A WHEREAS, the Board of Commissioners of the City of Paducah, Kentucky by Municipal Order No. 1740, authorized the sale of 511 North Fifth Street Tract A to Henry C. and Neva F. Rudy; and WHEREAS, the deed included a reversion clause that the property would revert back to the City if the Rudy's did not complete the improvements to the lot as proposed; and WHEREAS, Mr. Rudy did change his plan but the investment he has made was a more desirable investment in the historic neighborhood and satisfies the intent of the restriction; and restriction. WHEREAS, Mr. and Mrs. Rudy have now requested the City issue a release of BE IT HEREBY ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor of the City of Paducah is hereby authorized to execute a Release of Deed Restriction, attached hereto, for a deed dated November 22, 2013, recorded in book 1266, Page 680, in the McCracken County Clerk's Office, for 511 North Fifth Street Tract A, Paducah, Kentucky, owned by Henry C. and Neva F. Rudy. SECTION 2. This Order shall be in full force and effect on and after the date of its adoption. ATTEST: Tammara S. Sanderson, City Clerk r �✓� MAYOR Adopted by the Board of Commissioners, February 28, 2017 Recorded by Tammara S.Sanderson, City Clerk, February 28, 2017 IMO\deed-release of restriction -511 N 5t' Tract A 18 .For and in -consideration `.6f the-:Grantee's full,-, compliance with the.,with .the provisions_of;the;conditions of the'restricton,the.P ofwPaduacahhereby releases,all'la me toxthe propertyhdescribed as.follows _. SUBSCRIBED, SWORN and ACKNOWLEDGED to before me by BRANDI HARLESS as MAYOR, of and on behalf of CITY OF PADUCAH herein, on this the day of February, 2017. My Commission Expires THIS INSTRUMENT WAS PREPARED BY: WASHBURN, KEY, LOWRY PLLC 139 Memorial Drive Paducah, KY 42001 19 Notary Public