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HomeMy WebLinkAboutOrdinances Book 15, Page 132, No Ordinance Number132 / AN ORDINANCE AUTHORIZING THE PURCHASE OF CERTAIN LAND FROM COLE LUMBER AND SUPPLY COMPANY, A KENTUCKY CORPORATION, FIXING THE PURCHASE PRICE OF SAME, AND PROVIDING FOR THE TERMS AND PROVISIONS 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 Cole Lumber and Supply Company, a Kentucky Corporation, the follorting described land in the Cite of Paducah, Kentucky; Being Lots Nos. 1, 2, 3, L, 5, 6, 7 in Block No. 6 and Lots Nos. 8, 9, l0, 113 12, 13 and 14 in Block No. 3 of the J. N. Bailey Addition to the City of Faducah, Kentucky, as shown by plat recorded in Flat Book A, page 231 in the office of the Clerk of McCracken County. Each lot fronts L.S feet on South 22nd Street and extends back 160 feet. Being the same land conveyed to Cole Lumber and Supply Company, a Kentucky Corporation, by George T. Bailey et al, by deed dated December 5, 1961, and of record in Deed Book 429, page 573 in the McCracken County Court Clerk's Office. The purchase price to be paid for same shall be the sum of $7,500.00, and upon receipt of a General warranty deed conveyinrr said land to the City of Paducah, and approved by the Corporation Counsel, the City Treasurer is hereby authorized and directed to pay to said Cole Lumber and Supply Companv, a Kentucky Corporation, the sum of $7,500.00 to be charged to Account Number 7700. SECTION 2. This ordinance shall be introduced and remain on file for public inspection for at least one week in the completed form in which it shall be put upon its final passage, and if adopted shall be in full force and effect ten (10) days thereafter. -,e� (�- cl� Mayor Introduced by the Board of Commissioners September 10, 1963 Passed by the Board of Commissioners September 21, 1963 Recorded by Sarah Thurman, City Clerk, September 21, 1963.