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HomeMy WebLinkAboutOrdinances Book 10, Page 514, No Ordinance Number514 / AN ORDINANCE AUTHORIZING *ME CITY 01' PADUCAH TO RE,LLASE TO 'IHE TOPPERS COi PA1,Y A, L OF I^LS RIGHT, TITLE M D I:ITHiiLST III AiD ''10 THAT TRACT OF LA'IID LYING EAST Ob' FIST STREET BE`."InEN ',VASHINGTON AND CLARK STREETS, AiTJ AUTiIORIZING T,IE :.'AYOR AivD CITY CLERK TO EXECUTE AND LE:.IVER TO '-L4 K0: PERS COL: E',Iff A <UITCLAII;I DEED TO SAID ?nOPE:RTY VIHERFSS, the City of Paducah, under an or•d1nance duly adopted by its Board of Commissioners, has ai,thorized the closin* of all of that portion of Clark Street east of the cen- ter line of the flood protection wall in Section '7" as S' own on thb plat of said flood orotect'on wall on file in the office of the Cit:- ::ana;er and in Une office of the ' nited States Fn3ineers in Paducah, Kentucky, and also all of that portion of First Street from the south s' de of :1ashinmton Street to tIe south side of Clark Street; and, V.MLxEAS, the Koppers Company,b e_1 n.-; the owner of all of the property abuttin- upon said streets _proposed to be closed, has agreed that it will not make any claim for damages as the result of t' e c.losin7 of said streets in consideration of t`ie release by the City of Paducah of its r -1 -ht, title and :interest in and to all of the land lyin-, east of First Street between Vlashington Street and Clark Street; and, l'11IEREAS, the said Koppers Company is also the owner of all of said land lying, east of First Street between ':.ashin7ton and Clark Streets, t oZether with certain other property which is used as a dock yard for the building and repairin.- of bar^es, said property being known as the "t.:arine 'Plays", but it appears in certain of the deeds through which said company acquired title a, provision to the effect that in the event said property shall noL be used as a .:arine Play, the title thereto shall revert to the City; 11,'OW, THEREFORE, BE IT ORDAIII•TED BY IME BOARD OF CuMl,.ISSI ONERS OF TIM CITY OF PADUCAH, laITTUCKY: SEC T:. O:i 1. That the City of Paducah, Kentucky, for the considera- tion hereinabove set out, release to the Ke-)pers Company all of its ri.-lit, title and Interest in and to that tract or parcel of land in Paducah, Kentucky, lyin_ East of First Street uet,-ieen l.iashin,,ton and Clark Streets, s aid tract of land em- braci.nL lots described as Lots Fos. 19, 20, 21, 22, 23 and 24 as s'•own by plat of the Cld Town Addition to the City of Paducah, 515 dKentucky, on .file in the office of the City Lh;ineer; and the 'I:`ayor and City Clerk are hereby authorized and e:n7owered to jexecute, for and onbehalf of the City of Paducah a. quitclaim :deed to said property to said Hoppers Company, a Delaware cor- poration with its principal office at Pittsburg, Pennsylvania, but reservin7to said City the ri,ht to perpotually keen and (maintain the sew6rs now located therein. SECTS 0.1 2. This ordinance shall be in full force and effect from sand after its adootion. Passed by the -'oard of Commissioners, '.ay 2, 1941 Recorded by 3udy Stewart, City Clerk, D:ay 3 1951.