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HomeMy WebLinkAboutMO #2338MUNICIPAL ORDER NO. 2338 A MUNICIPAL ORDER OF THE CITY OF PADUCAH, KENTUCKY, AUTHORIZING THE MAYOR TO EXECUTE THE DEED CONSIDERATION CERTIFICATE FOR THE TRANSFER OF REAL PROPERTY LOCATED AT 1400 MARTIN LUTHER KING DRIVE AND 501 NORTH 14TH STREET, PADUCAH, KENTUCKY TO THE MIDTOWN ALLIANCE OF NEIGHBORS WHEREAS, the Midtown Alliance of Neighbors has been working toward achieving Community Housing Development Organization (CHDOs) status with the Kentucky Housing Corp (KHC) by demonstrating that as a nonprofit, community-based service organization they have significant capacity to develop affordable housing for the community it serves; and WHEREAS, one of the last steps is to complete a new construction project. To facilitate this new construction project, an 8 -lot subdivision plat has been prepared for the property located at 1400 Martin Luther King and 501 North 14th Street (1.1 acres) for the construction of new homes; and WHEREAS, the City now wishes to transfer the property to the Midtown Alliance of Neighbors for three homes to be constructed in 2020. 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 authorizes the Mayor to certify and execute the consideration certificate contained in the deed of conveyance for property located at 1400 Martin Luther King Drive and 501 North 14t` Street to the Midtown Alliance of Neighbors. It is determined that it is necessary and desirable and in the best interest of the City to execute the consideration certificate contained in said deed of conveyance, which deed of conveyance and consideration certificate is hereby authorized and approved. SECTION 2. Effective Date. This Order shall be in full force and effect on and after the date as approved by the Board of Commissioners of the City of Paducah, Kentucky. Mayo ATTEST: indsay Parish, City erk Adopted by the Board of Commissioners, April 28, 2020 Recorded by Lindsay Parish, City Clerk, April 28, 2020 \mo\transfer prop- 1400 M. L. King Drive and 501 N. 14' Street to Midtown Alliance