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HomeMy WebLinkAboutOrdinances Book 10, Page 1066, No Ordinance NumberlOGG v All ORDINANCE ACCEPTING THE OFFER OF JAMES GILLEN AND HIS WIFE, MARIE GILLEN, TO SELL TO 441E CITY OF PADUCAH, KENTUCKY, A CERTAIN LOT OR PARCEL OF LAND LOCATED AT THE NORTHVIEST CORNER �JOF FOURTH AND CLJ:Y STREETS IN SAID CITY FOR U6E IN CONNECTION WITH THE EXTENSION OF THE FACILITIES OF THE RIVERSIDE HOSPITAL, AT':'D AUTHORIZING THE PAWENT OF THE PURCHASE PRICE Iii THE SUI;: OF ,750.00 OUT OF THE "PADUCAH MUNICIPAL HOSPITAL DEPRECIATIOi: FUND", :7HEREAS, the Paducah Municipal Hospital Commission has recommended tothe City of Paducah that the lot or parcel of land located at Fourth and Clajr Streets be purchased for use in connection with the extension of the facilities of the Riverside Hospital; and, WHEREAS, said Commission having filed with the hoard of Commissioners a report shoirin-, the financial condition of said hospital for the fiscal year ending September 30th, 1944, and it appearing that there is deposited to the "Paducah.T,unicipal Hospital Bond and Interest Redemption Fund" the sum of 5114,519.77, said sum exceeding the amount which is required to be set,aside into said fund at the end of the fiscal year, and it further' appearing that the sum of :;¢4,935.22 has also been deposited to the "Paducah iunicipal Hospital Depreciation Fund" and that the cash balance now on hand, together with anticipated revenues, will be suifioient for payment of the operating expenses of said hospital during the.current fiscal year; NOVI THEREFORE, BE IT ORDAINED BY THL UEOARD OF COVU;:I.iSION OF THE CITY OF PADUCAH, K_NTUCKY: SECTION 1. That the City of Faducah purchase from James Gillen and his wife, Marie Gillen, for the sum of :x750.00 a certain lot of parcel of land located at the Northwest corner of Fourth Street and Clay Street, said lot fronting 65.75 feet on Fourth Street and running back a uniform width 90 feet,, that said property be sold and conveyed to the City of Paducah for the purpose of extending the facilities of the Riverside Hospital, and that the Paducah Municipal Hospital Commission be authorized to pay the purchase price for said property out of the aforesaid hospital iation fund. SECTION 2. This ordinance shall be in full force and effect from after its adoption. Passed by the j:;oard of Coavnissioners, Oct. 31st, 1944 Recorded by Rudy Stewart, City Clerk, Oct. 31st, 1944.