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HomeMy WebLinkAboutOrdinances Book 14, Page 791, No Resolution Number791 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE TO THE CIVIC BEAUTIFICATION BOARD FOR THE CITY OF PADUCAH, KENTUCKY, A LEASE ON CERTAIN SPACE WITHIN THE I4ARKET HOUSE BUILD- ING AT SECOND STREET AND BROADWAY IN SAID CITY BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor and City Clerk of the City of Paducah, Kentucky, be, and they are hereby, authorized and directed to execute, on behalf of the City, a lease to the Civic Beautification Board for the City of Paducah, Kentucky, in words and figures as follows: "THIS LEASE made and entered into on this the day of , 1962, by and between the CITY OF PADUCAH, KENTUCKY, hereinafter called "Lessor", and the CIVIC BEAUTIFICATION BOARD FOR THE CITY OF PADUCAH, KENTUCKY, hereinafter called "Lessee". W I T N E S S E T H: "THAT for and in consideration of the sum of One Dollar ($1.00) per year, and subject to the hereinafter terms and con- ditions, the Lessor does hereby lease to the Lessee certain space within the Market House building at Second Street and Broadway in Paducah, Kentucky, said space being what is known as the Broadway Bench End of said Market House building, and fronting approximately thirty (30) feet on Broadway and extending back towards Kentucky Avenue approximately sixty-three (63) feet. "The term of this lease shall be for a period of one (1) year from October 15, 1962, provided, however, said lease shall continue for a period of five (5) years from said date unless terminated before said time by operation of law or by either party hereto. Notice of termination of this lease by either parte hereto shall be given to the other party at least thirty (30) days prior to the expiration of any annual period covered herein. The execution of this lease by the Lessor is authorized by resolution adopted by the Board of Commissioners of the City of i Paducah on the day of 1962. WITNESS the hands of the Lessor and Lessee on this the day and ,year first above written. CITY OF PADUCAH, KENTUCKY ATTEST: By Mayor 792 ATTEST: CIVIC BEAUTIFICATION BOARD FOR THE CITY OF PADUCAH, KENTUCKY By Chairman ecretary,, SECTION 2. This resolution shall be in full force and effect from and after its adoption. 17avor Passed by the Board of Commissioners September 1$, 1962 Recorded by Sarah Thurman, Cit=, Clerk, September 18, 1962.