HomeMy WebLinkAbout2012-10-7982152165
ORDINANCE NO. 2012-10-7982
OWNED REAL PROPERTY HELD FOR THE USE AND BENEFIT OF THE COMMISSIONERS OF
WATERWORKS OF THE CITY OF PADUCAH, DBA PADUCAH WATER
WHEREAS, certain real property located at the corner of Old Calvert City Road and
Kentucky Dam Road (U. S. Hwy 62) which property was originally acquired by the Reidland Water
District and by virtue of acquisition is now owned by the City of Paducah, Kentucky, for the use and
benefit of the Commissioners of Waterworks of the City of Paducah, DBA Paducah Water ("Paducah
Water"); and
WHEREAS, the subject property is located in McCracken County, Kentucky and is more
particularly described in the attached Exhibit "A," (the "Property"); and
WHEREAS, it has been determined that the Property is no longer necessary, appropriate,
or in the best interests of the operations of the water works and that the Property should be sold as surplus
real estate, all as reflected in a resolution passed by Paducah Water on May 30, 2012, and approved by
Ordinance No. 2012-7-7937 adopted by the City Commission on July 10, 2012; and
WHEREAS, the Commissioners of WaterWorks of the City of Paducah, Kentucky, DBA
Paducah Water ("Paducah Water") properly advertised for sealed bids for the sale of the Property in
accordance with KRS 82.083 and the sealed bidding procedure set forth in the City of Paducah Codes of
Ordinance Section 2-668; and
WHEREAS, the only bid received by Paducah Water was received on August 21, 2012,
from Schroeder Publishing Company, Inc., in the amount of $1.00; and
WHEREAS, by Resolution of Paducah Water adopted on August 29, 2012, Paducah
Water accepted the sealed bid of Schroeder Publishing Company, Inc., and further recommends to the City
of Paducah, Kentucky that it approve and authorize the sale of the Property to Schroeder Publishing
Company, Inc., for the sum of $1.00.
NOW, THEREFORE, BE IT ORDERED BY THE BOARD OF COMMISSIONERS OF
THE CITY OF PADUCAH, KENTUCKY:
Section 1. Recitals and Authorizations. The Board of Commissioners hereby approves
the sale of the Property to Schroeder Publishing Company, Inc., for and in consideration of $1.00.
Section 2. Recitals and Authorizations. That the Mayor of the City of Paducah, Kentucky
for the use and benefit of the Commissioners of Waterworks of the City of Paducah, DBA Paducah Water,
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