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HomeMy WebLinkAboutOrdinances Book 13, Page 422, No Ordinance NumberAN ORDINANCE AUTHORIZING THE PURCHASE OF CERTAIN LAND OF McCRACKEN MORTGAGE CORPORATION, INC. FOR PUBLIC PURPOSES, AND PROVIDING THE TERMS AND CONDITIONS OF SUCH PURCHASE BE IT ORDAINED BY THE -BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah, Kentucky purchase from McCracken Mortgage Corporation, Inc. the following described land situated in the City of Paducah, County of McCracken and State of Kentucky: Beginning at a point where the south property line of Brown Avenue intersects the east property line of Broad Street; thence in an Easterly direction and along the South property line of Brown Avenue, if extended, a distance of 651; thence in a Northerly direction and parallel with Brown Street 205?, more or less, to the center line of Cross"Creek or the North property line of the party of the first part; thence in a westerly direction and along the north property line of the party of the first part 651, more or less, to the East property line of'Broad Street; thence in a southerly direction and with the East property line of Broad Street 205?, more -or less, to'point of beginning. Said land being purchased for public purposes. The purchase price to be paid by the City for said land is the sum of $500.00, and upon receive of a deed from McCracken Mortgage Corporation, Inc. conveying said land to the City of Paducah, and approved by the Corporation Counsel, the City Treasurer is hereby authorized and directed to pay said sum to said McCracken Mortgage Corporation, Inc. in full payment for said land. SECTION.2. This ordinance shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners October 4, 1955 Recorded by Sarah Thurman, City Clerk, October 4, 1955•