HomeMy WebLinkAboutMO # 1960MUNICIPAL ORDER NO. 1960
A MUNICIPAL ORDER AUTHORIZING THE SALE OF 921 & 923
NORTH SEVENTH STREET AND 705 FINLEY STREET TO VAN -KEY
PROPERTIES, LLC, AND AUTHORIZING THE MAYOR TO EXECUTE ALL
DOCUMENTS NECESSARY TO COMPLETE THE TRANSFER
WHEREAS, pursuant to 2-668 of the Code of Ordinances of the City of
Paducah, Kentucky, a written determination has been made by the City Manager that the
City does not have any use at this time or in the future for property located at 921 & 923
North Seventh Street and 705 Finley Street, which constitutes surplus real estate; and
WHEREAS, the City advertised for bids on March 5, 2017 and opened on
March 16, 2017; and
LLC.
WHEREAS, the City desires to accept the bid of Van -Key Properties,
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah accepts the bid of Van -Key
Properties, LLC to trade its real properties located at 804, 808 and 812 North Seventh
Street for City owned real properties at 921 & 923 North Seventh Street and 705 Finley
Street plus pay $1 for each property and related fees to complete the transfer. Van -Key
plans to maintain the properties and pay the taxes.
SECTION 2. The Mayor is hereby authorized to execute all deeds and
other necessary documents related to completing the transfer of the real properties
approved in Section 1 above.
SECTION 3. This Order shall be in full force and effect from and after
the date of its adoption.
G14�s�
Mayor
ATTEST:
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Tammara S. Sanderson, City Clerk
Adopted by the Board of Commissioners, March 28, 2017
Recorded by Tammara S. Sanderson, City Clerk, March 278, 2017
\mo\prop sale -921 & 923 7h & 705 Finley
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