HomeMy WebLinkAboutOrdinances Book 10, Page 856, No Ordinance Number856
AN ORDINANCE AUTHORIZING T'iE EXECUTION OF CONTRACTS
FOR THE SALE TO LALLIE HOLLAND OF LOT NO 3, IN BLOCK NO. 7
IN ROWLANDTOWNTS ADDITION TO THE CITY OF PADUCAH, AND THE SALE
TO R. B. PUCKETT OF PROPERTY LOCATED AT #1305 ATKINS AVENUE IN
SAID CITY, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE-
PROPER
XECUTEPROPER INSTRUIdENTS OF WRITING FOR THE PURPOSE OF CARRYING THIS
ORDINANCE INTO EFFECT
BE IT ORDAINED BY TIIE BOARD.OF C00JISSIONERS OF TIE
CITY OF PADUCAH, KENTUCKY:
SECTION 1.
That the City of Paducah accept the offer of Lallie
Holland in the sum of ,j;125.00 for the purchase of Lot No. 3
in Block No. 7 of Rowlandtown's Addition to the City of Padytcag
as shown by Plat of said "ddition recorded in Deed Book 40, page
336 in the McCracken County Court Clerk's Office, said lot to be
sold under a contract providing for the payment of ;25.00 in cash
and the remainder of the consideration in installments of $10.00
per month, a deed of conveyance to be delivered upon the payment
of the purchase price in full. Said contract shall further
provide that in the event of the default of the payment of any
installment within sixty (60) days after the same shall become
due, the payments 'theretofore made thereunder shall be forfeited
to the City of Paducah'as rent for said property, and the
purchases shall surrender possession on demand and without notice.
SECTION 2.
That the City of Paducah accept the offer of R. B. Puckett
in the sum of $150.00 for the purchase of a certain lot or parcel
of land located at 71305 Atkins Avenue, said lot to be sold under
a contract providing .for the payment of q,,;20.00 in cash and the
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remainder to be paid in eight (8) monthly installments in the sum
of $15.00 each and one (1) installment in the sum of :;10.00
,�I a deed of conveyance to be delivered upon the payment of the
purchase price in full. Said contract shall further provide
that ih the event of the default of the payment of any
installment within sixty (60) days after the same shall become
due, the payments theretofore made thereunder shall bee forfeited
'to the City of Paducah as rent for said property, and the
purchaser shall surrender possession on demand and without notice.
SECTION 3.
The Iviayor and the City Clerk are hereby authorized and
empowered to execute and deliver to Lallie Holland and R. B.
857
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Puckett a contract under which the City of Paducah authorizes
the sale to them of the above described property upon the
condition herein contained, said property to be conveyed
with covenant of Special 'A'arranty of title, and subject to
encroachments, defects or any other state of fact which an
accurate survey would show.
SECTION 4.
This ordinance shall be in full force and effect from
and after its adoption.
�a .J
PQayor Pro Tem
Passed by the Board of Commissioners, May 11th, 1943
Recorded by Rudy Stewart, City Clerk, I -lay 12th, 1943.