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HomeMy WebLinkAboutMO #2364MUNICIPAL ORDER NO. 2364 A MUNICIPAL ORDER OF THE CITY OF PADUCAH, KENTUCKY, AUTHORIZING THE MAYOR TO EXECUTE THE DEED CONSIDERATION CERTIFICATE FOR THE TRANSFER OF PORTIONS OF EXISTING PARCELS OF PROPERTY LOCATED AT 5802 COMMERCE DRIVE AND 3924 MAXON ROAD, PADUCAH, KENTUCKY, BY THE CITY OF PADUCAH ACTING ON BEHALF OF THE COMMISSIONERS OF WATERWORKS DBA PADUCAH WATER WHEREAS, the Commissioners of Waterworks of the City of Paducah, Kentucky, DBA Paducah Water (the "PWW"), has previously determined that it is beneficial for PWW to acquire the portion of existing parcels located at 5802 Commerce Drive within Industrial Park West (a.k.a. I-24 Park), and 3924 Maxon Road from the Industrial Development Authority (the "IDA") for purposes of making improvements to the City's water distribution system; and WHEREAS, in order to consummate the transfer of said real property a deed of conveyance containing a sworn consideration certificate must be executed and filed of record; NOW, THEREFORE, IT IS ORDERED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, 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 from the IDA to the City of Paducah, Kentucky, acting on behalf of the Commissioners of Waterworks DBA Paducah Water for portion of existing parcels located at 5802 Commerce Drive within Industrial Park West (a.k.a. I-24 Park), and 3924 Maxon Road, Paducah, Kentucky. 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. ZAI/11-� MAyor ATTE T: Q Gi.0 l� �- Lindsay Parish, CitT lerk Adopted by the Board of Commissioners, July 14, 2020 Recorded by Lindsay Parish, City Clerk, July 14, 2020 \mo\pw -prop transfer - 5802 Commerce Drive and 3924 Maxon Road