HomeMy WebLinkAboutOrdinances Book 13, Page 989, No Resolution Number9$9
A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A CERTAIN
RELEASE OF ALL CLAIMS AND DEMANDS BETWEEN THE CITY OF PADUCAH,
KENTUCKY, AGAINST ROGER F. CHRISTIE AND THE PADUCAH BANK AND SETTING
FORTH SUCH RELEASE IN WORDS AND FIGURES
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the City Manager be, and he is hereby,
authorized and directed to execute a release of all claims and
demands between the City of Paducah, Kentucky, against Roger F.
Christie and The Paducah Bank, which release is in words and figures
as follows:
"RELEASE OF ALL CLAIMS AND DEMANDS BETWEEN
THE CITY OF PADUCAH,: KENTUCKY, AGAINST
ROGER F. CHRISTIE AND THE PADUCAH BANK
"KNOW ALL MEN BY THESE PRESENTS that The City of Paducah
for the sole consideration of SIXTY FIVE HUNDRED (?6500.00)
DOLLARS RECEIVED by the City of Paducah to its full satisfaction,
said payment being made by M. 0. DeJarnatt, Trustee, and said
payment being made by check number Thirty -One (31) of M. 0.
DeJarnatt Trustee Account for Roger F. Christie,
"AND said City of Paducah by and through its City Manager
does now release and forever discharge the said Roger F. Christie,
his executors and administrators from all debts, claims, demands,
actions and causes of actions, whatsoever, from the beginning of
the world to the date of this release by virtue of the City having
placed improvements consisting of sewers and streets, which im-
provements were beneficial to the laid Roger F. Christie and said
improvements being on Harrison Street between 21st and 25th Streets,
and all in accordance with prior approval and agreement between the
City of Paducah by its Board of Commissioners and Roger F. Christie,
individually, and said release applies in like manner to the
Paducah Bank, Paducah, Kentucky, by virtue of its guaranty of the
payment to The City of Paducah of the sum of Sixty -Five Hundred
($6500.00) Dollars for which Roger F. Christie was obligated to
pay to said City upon completion of said work.
"It being the intention of this release to forever dis-
charge and relieve the said Roger F. Christie and The Paducah
Bank from any further liability whatsoever in connection with
the improvements and the construction of the sewers, streets
and any other improvements on Harrison Street between 21st and
25th Streets, Paducah, Kentucky. It being acknowledged that
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both Roger F. Christie and The Paducah Bank have performed all
their obligations to The City of Paducah by the payment of the
Sixty -Five Hundred (Q'j6500.00) Dollars as set out herein.
In Witness whereof The City of Paducah has set its hand by
and through its City Manager at Paducah, Kentucky, this December
23, 1958.
CITY OF PADUCAH, KENTUCKY
By:
LLOYD
CITY MANAGER
Witnesses to signature and delivery:
W
SECTION 2. This Resolution shall be in full force and effect
from and after its adoption.
Mayor
Passed by the Board of Commissioners December 23, 1958
Recorded by Sarah Thurman, City Clerk, December 23, 1958.