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HomeMy WebLinkAboutOrdinances Book 10, Page 63, No Resolution NumberPage 63 A RESOLUTION AUTHORIZING ME HON, EDGAR T. WASHBURN, MAYOR OF THE CITY OF PADUCAH TO EXECUTE AND DELIVER TO THE PRUDENT- IAL INSURANCE COMPANY OF A1..1ERICA, FOR AND ON BEHALF OF SAID CITY, A DEED TO A TRIANGULAR STRIP C7 GROUND LYING ADJACENT TO AND EAST 0 LOT NO. 1 IN BLOCK NO. 1 OF TERRELL'S FOUNTvIPT PARIC ADDITION, AND PRESCRIBING THE CONSID RATIOYT UNL-_R WHICH SAID TRIAPTGULAR STRIP OF GROUND SHALL BE CONVEYED i7HEREAS, under deed dated 1.1 y 26th, 1938, and of record i in deed book 195 pae 303 in the McCracken County Court Clerk's office, Marie E. Block and her husband Frank Block, sold and con- veyed to the City of Paducah a strip of ground lying and being in R. G. Terrell's Fountain Park Addition to the City of Paducah, Kentucky, as said addition appears of record in Plat Book "A" page 256 in the aforesaid clerk's office, and which tract or parcel of land was conveyed to the City of Paducah for the purpose of estab- lishing a change in the course of Ellis Street between 10th street and 11th street in said city; and, .1TEREAS, Ellis Street as now changed runs through the entire block between 10th street and 11th street and the strip of Ground running from an alley in the denter of said block to 10th street (formerly a part of Ellis street) the same lying on the east side of a lot or parcel of land now ovmed by the Prudential. Insim- ante Company of America, being no longer required for streey purposes; and, WHEREAS, the Prudential Insurance Company of America, owner of the lot or parcel of land lying adjacent to that strip of ground which was formerly Ellis Street, having paid the street pavinC and curb and gutter assessments levied against the property abutting upon Ellis street, and said payment -having been made in I consideration of the agreement of the City of Paducah to convey to the Prudential Insurance Comrany of America that trianCular strip ofl ground lying adjacent to and East of Lot 1 in Block 1 of Terrell's Fountain Park Addition; 1,19W, THiREFORE, BE IT RESOLVED BY THE BOARD OF COid- MI:;SIONERS OF THE CITY OF PADUCAII, IMNTUCKY: SECTION 1. That the Hon. Edgar T. 'Nashburn, Mayor, execute and deliver to the Prudential Insurance Company of 6:merica, for and on behalf of the City of Paducah a deed of conveyance to that trianC.ular strip of ground lysing adjacent to and East of Lot No.l in Block No.l in Terrell's Park Addition, said triangular strip of ground being no longer required for street purposes, and convey the same for the considerati:)n set out in this resolution. Page 64 SECTION 2. This resolution shall be in full force and effect from and after its adoption. I-ayor Passed by the Board of C Zissioners, --arch 27th 1939 Recorded by Rudy Stewart, City Clerk, 1,arch1-3th, 1939