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HomeMy WebLinkAboutOrdinances Book 11, Page 243, No Ordinance Number243 AN ORDINANCE ACCEPTING THE BID OF FRED K. MADREY IN THE SUM OF $600.00 FOR THE BRICK AND OTHER MATERIALS CONTAINED IN THE OLD ALLARD BUILDING LOCATED AT THIRD AND MADISON STREETS IN THE CITY OF PADUCAH, KENTUCKY; AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT WITH THE SAID FRED K, MADREY FOR THE PURCHASE OF SAID BUILDING, AND PRESCRIBING THE TERMS AND CONDITIONS TO cE CONTAINED IN SAID CONTRAC BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF 'ME CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accept the bid of Fred K. Madrey in the sum of Z"600.00 for all of the brick and other materials con- tained in the old Allard Building located at the corner of Third and 'Madison Streets in the City of Paducah, and the Mayor is hereby authorized for and on behalf of the City of Paducah, to enter into a contract with the said Fred K. Madrey, which contract shall to in words and figures as follows, to -wit: "That the City, for and in consideration of the sum of Six Hundred 0600.00) Dollars to be paid to it by the purchaser (mean- ing Fred K. Iadrey), the City hereby sells, assigns, and conveys to the Purchaser all of the bricks and materials contained in the Allard building located at the corner of Third and Madison e'ts in the City of Paducah, but said sale is made upon the :)wing terms and conditions: (1) The City shall have the right to go upon said property and remove as mahy brick as may be suitable for use in enclosing the rear part of the garage for police cars and the purchas shall be entitled to a credit on the aforesaid purchase price the sum of $15.00 -per 1000 brick removed and used by the Cit (2) The purchase price for said bricks and materials shall be paid by the Furchaser in cash after the city shall have r all brick needed for its own use, and the Purchaser shall remove any brick or materials from said building until the purchase price has been paid. (3) The Purchaser agrees to remove the entire building from the aforesaid lot, including all underground structures, a to complete the work of razing said building by March 1st, 1948. SECTION 2. This ordinance shall be in full force and effect from and ter its adoption. ydrPassed by the Board of Commissioners December 2, 1947 Recorded by Sarah Thurman, City Clerk, December 2, 1947.