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HomeMy WebLinkAboutOrdinances Book 15, Page 272, No Ordinance Number272 / AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF PADUCAH, KENTUCKY, TO EXECUTE AN EXTENSION OF A LEASE BETWEEN THE CITY AND THE ILLINOIS CENTRAL RAILROAD COMPANY FOR A PORTION OF GROUND OCCUPIED AND USED BY THE CITY AS A PART OF BARKLEY PARI{ WHEREAS, BARKLEY Park in the City of Paducah, Kentucky, adjoins certain property of the Illinois Central Railroad Compania, and WHEREAS, it appears that a certain portion of said park as now used constitutes an encroachment upon the property of the Illinois Central Railroad Company, and WHEREAS, heretofore by an ordinance adopted by the Board of Commissioners of said City on Aiarch 10,. 1959, Illinois Central Railroad Company leased said portion of said property to the City for a term endinm March 31, 196G. for rental of One Dollar (11.00) per year payment acknowled7ed, and WHEREAS, said Illinois Central Railroad Company is now willing to extend said lease under its said terms endin.p March 31, 1969. NOW THEREFORE, he it ordained by the Foard of Commissioners of the City of Paducah, Kentucky: SECTION 1. That the Mlavor of the City of Paducah, Kentucky, he, and he is hereby, authorized to execute, on behalf of said City, an extension of a lease from Illinois Central Railroad Compania whereby said Company arrees to extend its present lease for a five (5) year period ending- March 31, 1969, certain of its property now being used by the City as a part of Barkley Park. SECTION 2. This ordinance shall be in .full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners March 21;, 1964 Recorded by Sarah Thurman, City Clerk, March 2L, 1964