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HomeMy WebLinkAbout2007-1-7228191 ORDINANCE NO. 2007-1-7228 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE AN ADDENDUM TO THE LEASE AND CONSTRUCTION AGREEMENT BETWEEN THE CITY OF PADUCAH AND FOUR RIVERS CENTER FOR THE PERFORMING ARTS, INC., FOR THE PERFORMING ARTS CENTER WHEREAS, the City of Paducah and Carson Four Rivers Center entered into a lease and Construction Agreement dated October 30, 2001, Ordinance No. 2001-10-6442, establishing a performing arts center in Paducah, Kentucky; and WHEREAS, Four Rivers Center for the Performing Arts, Inc. changed its name by Amendment to its Articles of Incorporation filed with the Kentucky Secretary of State to Luther F. Carson Four Rivers Center, Inc.; and WHEREAS, Carson Four Rivers Center has caused to be constructed on the Leased Site Property a Performing Arts Center Building, which held its grand opening on February 28, 2004; and WHEREAS, it was contemplated when the original Lease and Construction Agreement was executed that two buildings on the Leased Site Property, the Summarell Building and the Broyles Building, would be demolished for a parking area, but instead have been retained for current and future use; and WHEREAS, there has been some confusion as to the ownership of the Performing Arts Center Building constructed upon the Leased Site Property and the parties desire to eliminate said confusion and settle the issue; and WHEREAS, the parties hereby also acknowledge an agreement made on the 28th day of August, 2003, between the City, the Carson Four Rivers Center, and the Simpsons and the Curtises regarding certain parking spaces; and WHEREAS, the City agrees that the site designated as the "William Clark Museum" in the original Lease and Construction Agreement is a part of the Leased Site Property under all the terms and provisions of the original Agreement and the City shall cause the Museum to relocate to another site; and WHEREAS, the City agrees that the parking lot at the northwest corner of 2nd and Washington Street is a part of the Leased Site Property under all the terms and provisions of the original Agreement; and WHEREAS, the parties desire to clarify other issues which have arisen since the opening of the Performing Arts Center. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: Section 1. The City Commission does hereby authorize and direct the Mayor to execute an addendum to the Lease and Construction Agreement between the City of Paducah and Four Rivers Center for the Performing Arts, Inc., for the Performing Arts Center dated October 30, 2001. I�. :.-._�-_� a �_r_,-�uu6n.=:n..,,..�snsw�n_e �uc�uln:��u�Ycie �vn.mu.-mn�-:.. vel �.,��A:���.��,.���d_..,ctwem�Ihc�I�mYmea w�bdii�Ju�L. s�u�n�c.�_�ll��o.�. yu�.��L��:.,"•_=•..�...-�.....�..•....�•�iem�,salc�da.........�.,.,.,...,�.,�n�a���,.,c �_c�,�ul "�:�_�,:��.,�_ 192 Section 2. This ordinance shall be read on two separate days and will be published by summary pursuant to KRS Chapter 424. ATTEST: jCOYMWA z &OrA. Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, December 12, 2006 Adopted by the Board of Commissioners, January 9, 2007 Recorded by Tammara S. Brock, City Clerk, January 9, 2007 Published by The Paducah Sun, January 15, 2007 \ord\addendum-Four Rivers Center MAYO 1