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HomeMy WebLinkAboutOrdinances Book 10, Page 929, No Ordinance Number929 AN ORDINANCE AUTHORIZING THE SALE TO B. B. BURCH OF LOT 13 IN BLOCK 25 ON 19TH STREET BETWEEN WASHINGTON AND CLARK • STREETS; ALSO TIfE SALE TO MRS. VERNA IIALLACE OF LOT 12 IN BLOCK 5 AS 6HOINN ON PLAT OF THE GILSOIT, ROCK AND TULLY'S ADDITION TO THE i CITY OF PADUCAH AS RECORDED IN PLAT BOOK "A" PAGES 25-27 tACCRAChEN COUNTY COURT CLERK'S OFFICE; AND AUTHORIZE NG TIME MAYOR AV D CITY CLERIC TO EXECUTE PROPER RISTRU1`1E-"T1'S OF CONVEYANCE TO SAID PROPERTY BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: I SECTION 1. That the City of laducah accept the offer of B.B, urch In the sum of ?175.00 for the purchase of Lct 13 in block 25 on 19th Street between JashinLton and Clerk Streets, 9,87.50 to be paid in cash and the balance in the sum of ,,87.50 to be paid !under a Contract of Sale wherein said City will agree and obli7,ate itself to convey said property upon the payment of said balance in thirty (30) days from the date of said contract, ,together with interest on said balance at the rate of oo per annum until paid; and that the City of Paducah also accept- the offer of :Mrs. Verna I°lallace in the sum of $45.00 for the purchase of Lot 12,i in 3lock 5 as shown on plat or plats of the Gilson, Rock and Tully's• !Addition to the City of Paducah, Kentucky, as recorded in Plat Book "A" pages 25-27, McCracken County Court Clerk's Office, the I sum of p15.00 to be paid in cash and the balance in the sum of .$30.0,0 ';to be paid under a Contract of Sale wherein said city will agree and obligate itself to convey said property upon the payment of said ;balance in three (3) monthly installments in the sum of $10.00 each, ,'with interest on said balance at the rate of oo per annum until paid. 'And the Mayor and City Clerk are hereby authorized to execute contracts for the sale of said property upon the aforesaid terms and subject it Ito such further terms, conditions and covenants as may be required Eby the City manager. !I SECTION 2. This ordinance shakl be in full force and effect from isIand after its adoption. 1,ayor rrotem ` i .B,Pulliam, Commissionep Passed by the Board of Commissioners, December 31, 1943 Recorded by Rudy Stewart, City Clerk, December 31, dl)943.i