HomeMy WebLinkAboutOrdinances Book 10, Page 1062, No Ordinance Number1062
AN ORDINANCE PROVIDING FOR THE LEASING BY THE CI`T'Y OF
PADUCAH, IN CONJUNCTION WITH THE COUNTY OF 11CCRACKEN, STATE OF
KENTUCKY, OF THE PADUCAH-MCCRACKEN COUIli'Y AIRPORT PROP[RTZ TO THE
PADUCAH AIRPORT CORPORATION, AND AUTHORIZING THE MA'COR AM THE CIT'
CLERK TO EXECUTE, FOR AI4D ON BEHALF OF M2 CITY OF PADUCAII, A
LEASE CONTAINING THC TERMS, CONDITIONS AND COVENANTS PROVIDED HERE.
BE IT ORDAINED BY TIIE BOARD OF C01.111I.33I0NsR3 OI' TIjL, CITY
OF PADUCAH, KENTUCKY:
SECTION 1.
That the City of Paducah join with the County of
::7cCracken, State of Kentucky, in the execution of a lease to the
Paducah Airport Corporation of the present Paducah -McCracken county
Airport property, and the 14ayor and City Clerk are hereby author-
ized to execute, for and on behalf of the City of Paducah, a lease
which shall be in words and figures as follows, to -wit:
"In consideration of 1;-10.00 per annum, cash in hand
paid, receipt of which is hereby acknowledged, and the further
consideration that the above described airport shall be maintained,
operated and developed by the Paducah Airport Corporation of
Paducah, Kentucky, out of such funds as the latter may receive
from time to time from any or ever;; source and the benefit that
the City of Paducah, Kentucky, and the County of T.1cCracken
Kentucky, shall receive from the maintenance, operation and
development of said airport aforesaid, the City of Paducah,
Kentucky, and the County of EcCracken, Kentucky, hereafter known
as Lessors, lease unto the Paducah Airport Copporation of Paducah,
Kentucky, hereafter known as lessee, the Pad,:cah-McCracken County
Airport, lying and being in L.cCracken County, Kentucky, more
particularly described as follows;
'A certain tract of land, containing 500
acres, more or less, located approximately
eight (8) miles west of the City limits of
Paducah, Kentucky, on United States Highway
'Io. 60, and being the same property conveyed
by the Paducah Airport Corporation to the
City of Paducah and the County of T.1cCracken
by deed dated October 12st, 1941 and of
record in Deed book 212, page 155 in the
office of the County Court lerk of tcCracken
County, Kentucky.,
"This lease shall continue in full force and effect, up-
on the conditions herein stated, beginning as of the date of the
acceptance of this lease agreement by the lessors and as of the
Hate of the release of the airport Ly the United States of America,
and continuing until 10 years feom said date.
"This lease may not be sublet,, in whole or in part,
without the joint consent of the City of Paducah and the County
of McCracken.
"Said Lessee shall have the exclusive right to operate,
manage, and control said airport or may enter into a contract pro,
for its operation, management and control by any other person,
firm or corporation, and said lessee may nter into all a.reement+
involving t?le expenditure of money thereon.
"The above described real estate shall be used for the
development of a municipal airport and for no other purpose, but
no part of the funds derived from the maintenance and development
of said airport shall be paid to etather of said lessors, but shal:
be r:xpended for the construction and maintenance of buildings and
facilities thereon. It is further understood and agreed that the
lessors shall not be liable for debts created by the lessee or
by any person, firm or corporation with whom said lessee contract:
nor shall the lessors be liable or assume any liability for paymet
of damages, either to the person or tb^the property of another, ai
in€ out of any accident which may occur at said airport on accoun'
of the negligence of the lessee, or of any other person, firm or
corporation who may, by his or its contract with the le.ses, be
charged with the responsibility for the maintenance and operation
of said airport.
"A renort of the management of the airport by the eaducal
Airport Corporation shall be submitted to the City of Paducah and
the County of McCracken every 6 months."
SECTION 2.
This ordinance shall be in full force and effect from
and after its adoption.
Passed by the :.)oard of Commissioners, Oct. 17, 1944
Recorded by Rudy itewart, city Clerk, Oct. 17, 1944.
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