HomeMy WebLinkAboutOrdinances Book 10, Page 123, No Resolution NumberA RS201,71 1011 F:JTI;.ORIZIITG T1i3 CITY :.- 0 ,;':LL TO TITS
HIOHT,ST-I_)DER AT Pu!J.IC AUC_'IOIT C=: `i'.. -:i :..::i; e.i'__.TE ':AI.TCH T112 Clmy
OF Pt1llUCF.II hi..i YUi.CIL4 D [iT 'iF::i 3:.L3,>, A';D PRS3CRIBIITG I?ti TLIZE.S
IPID2R '.,!ITCH SAID PROPERTY SHALL BE SOLD
BE IT k1130LVED 'iY THE BOAIiD OF COI:;::LJ:iIOI'l R3 OF TEE CITY OF
PADUCAH, KENTUCKY:
SECTION 1.
That the Uity 'Manager be, and he is hereby directed to
sell to the hihest bidder at public auction certain real estate
purchased by the City of Paducah at sales held by the Baster Cori-
missioner pursuant to judgments rendered by the I;IcCracken Circuit
Curt, said property to be sold under this I.ecolution beinS
described as follows, to -wit:
T.,+- M-1
Lot I:o. 10 in _:lock 13 located at the northeast corner of
Culley and Lro,:m-trcet, said lot having a frontage of 40 feet on
Broom street and running back a distance of 140 feet.
Lot 1:0.2
Lot io. 33 in Block 10.9, addition "C" located at 415 South
3rd street, said lot hcving a frontage of 70 feet and 6 inches on
Third Street and running back for depth 173 feet and 3 inches.
Lot Iio. 3
Lot No. 157 and one-half of Lot IIo. 156 in Block 20,
Addition "D" or Loner Tovm located at 501 ITorth 5th Street, said
lot having a frontage of 86 feet and 74- inches on 2ifth Street :.nd
extending back for depth a distance of 165 feet.
T-, *f, - d
Lot A1o. 18 in Block No.2 located at 323 Hays Ave., said
lot having a frontage of 40 feet on Hays Ave., and rturning back
150 feet to an alley.
Lot No. 5
Lot 9 in Block 26, Addition "D" or Lover Tovm, located at
723 1��adison .it., said lot having a frontage of 57 feet more or less
on Madicon Street and running back for depth 165 feet and 3 inches.
Ti- 1,T r,
F
Lot no. 67 and 10 feet off of the east side of Lot 66, Block
14, Addition "F", located at 1301 Clay St., said lot having a
frontage of 50 feet on the =:or,h side of Clay estreat and running
back a uniform width 165 feet to an alley.
T.AY' 7,Tn - 7
Part of Block Ho. 1 in Marouse Addition to the City of
Paducah, located at 926 •entucky Avenue, said lot having a frontage
of 50 feet and 9 inches on Kentucky and running back for depth
160 feet to an alley.
Lot Wo.8
Lot No. 131 in Block 15, lying on 3rd-'treet between
Kentucky Avenue and Wa^hington Street and beginning at a point on
the t7est side of 3rd :>treet 57 feet 9 inches South of the Jouthvest
corner of 3rd and Ky Ave; thence at ri-,ht onrles in a 'ilesterly
,irection 173 feet 3 inches; thence at rlr-ht an -les and in a south-
erly direction 57 feet 9 inches; thence at right anZles and in
an Ear:terly direction 173 feet 3 inches to the i;est line of 3rd
Street; thence ::ith the '.;est line of 3rd Street and in a northerly
direction 57 feet 9 inches to the point of be -inning.
SUCTION 2.
Before proceedin^ c.iL-h -,'he sale of the above described
property, the City LlanaCor sh^11 aC:W-.tile the time, terms and
Pace 124
(place thereof by posting up at the City Nall door, and alio on the
lot to be sold, a written notice of such sale for at least ten days
preceding the date of sale. The City I:IanaEer shall, in addition
thereto, advertise the time, terms and place of sale by inserting
notice thereof, together with a description of the property to be
,sold., for at least three days next preceedin the date of sale.
SECTION 3.
The purchase price for the above described real estate
may be paid in cash but the purchaser may, at his option, pay one-
third of the purchase price in cash at the time of the execution
and delivery of deed to him, and the remainder shall be paid in two
equal monthly installments due one and two months from the date of
the execution of the deed, with interest thereon at 6,`o until paid,
and in which event a lien shall be retained in the deed as security
for payment of the balance of the purchase price.
SECTION 4.
The acceptance of any and all bids shall be.subject
to the approval of the Board of Commissioners, and no sale shall be
effective unless or until it is confirmed by said Board.
SECTION 5.
This Resolution shall be in full.force and effect
from and after the date of its adoption. N
Passed by the Board of Cor,.nissioners September 5, 1939
Recorded by Rudy Stev:art-, City Clerk, jeptember 6, 1939