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HomeMy WebLinkAbout2006-6-7130707 ORDINANCE NO. 2006-6-7130 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A FIRST AMENDMENT TO LEASE AMONG THE CITY OF PADUCAH, KENTUCKY, THE COUNTY OF MCCRACKEN, KENTUCKY AND THE PADUCAH MCCRACKEN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY WHEREAS, by Ordinance No. 2004-4-6795, the City of Paducah entered into a lease among the City of Paducah, Kentucky, the County of McCracken, Kentucky and the Paducah -McCracken County Industrial Development Authority for real estate located within Industrial Park West of the City of Paducah, McCracken County, Kentucky; and WHEREAS, the City of Paducah, Kentucky, the County of McCracken, Kentucky, and the Paducah -McCracken County Industrial Development Authority now desire to amend the Lease for installation of a sign for the Industrial Park West. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah approves the "First Amendment to Lease" among the City of Paducah, Kentucky, the County of McCracken, Kentucky, and the Paducah -McCracken County Industrial Development Authority. This amendment will allow the installation of a sign for the Industrial Park West at the corner of I Commerce Drive and Olivet Church Road. SECTION 2. That the City of Paducah hereby authorizes and directs the Mayor to execute the amendment to lease approved in Section 1 above. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapker 424. Mayor ATTEST: p Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, May 23, 2006 Adopted by the Board of Commissioners, June 13, 2006 Recorded by Tammara S. Brock, City Clerk, June 13, 2006 Published by The Paducah Sun, June 19, 2006 \ord\lease amend 1—Industrial Park West (Infiniti)