HomeMy WebLinkAboutOrdinances Book 15, Page 400, No Ordinance NumberAN ORDINANCE DISCLAIMING AND QUIT -CLAIMING ANY AND ALL
INTEREST THE CITY OF PADUCAH, KENTUCKY, MIGHT HAVE IN AND TO
OF THE PADUCAH JUNIOR COLLEGE OF PADUCAH AND/OR THE PADUCAH JI
COLLEGE CORPORATION LOCATED ON THE NORTH LINE OF BROADWAY IN
CITY BETWEEN 7TH AND 9TH STREETS
WHEREAS, the Board of Trustees of the Paducah Junior
College of Paducah acting on behalf of the City of Paducah,
entered into a certain Contract, Lease, and Option with the
Paducah Junior Collerre Corporation on the 29th day of
November, 1939, which Contract, Lease, and Option is recorded
in DeedBook 208, page 61 in the McCracken County Court Clerk';
Office, and
WHEREAS the purpose for such action was in connection wi
certain bonds referred to in the deed of trust recorded in Moi
Book 110, page 2L, in said Clerk's Office which were then out-
standing but which have since been fully paid and redeemed as
shown by the deed of release recorded in Deed Book 317, page 173,
in said Clerk's office, and
WHEREAS the purposes for which said action was taken no
longer exist.and said Contract, Lease, and Option have expired,
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS
OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah hereby.disclaims and quit-
claims any and all interest.which it has in and to the premises of
the Paducah Junior College of Paducah and/or the Paducah Junior
College Corporation, located in Paducah, Kentucky, particularly
described as follows:
Beginning at a point in the north line of Broadway
Street One Hundred (100) feet west from the inter--
section
nter-section of the west line of Seventh Street and the
north line of Broadway, corner to Broadway Methodist
Church (formerly Methodist Episcopal Church South);
thence with the north line of Broadway toward Ninth
Street One Hundred (100) feet to the line of Woolfolk;
thence with Gloolfolk's line toward Jefferson Street
One Hundred Sixty-five.(165) feet to an alley; thence
with the line of said alley toward Seventh Street
One Hundred (100) feet to the line of Broadway
Mothodist Church (formerly Methodist Episcopal Church
South); thence with its line One Hundred Sixty-five
(165) feet to the point of beginning.
Being in all respects the same premises referred
to in the Contract, Lease and Option dated the
29th day of November, 1939 and recorded in Deed
Book 208, page 61, in the McCracken County Court
Clerk's Office.
SECTION 2. That the City of Paducah hereby authorizes its
Mayor and City Clerk to act on its behalf in executing a deed to
401
Paducah Junior College Corporation, its successors and assigns, by
which the City quitclaims forever all interest of the City in and to
said premises and in which the City particularly releases and quit-
claims any and all its rights under or pursuant to the aforementioned
Contract, Lease, and Option dated November 29, 1939, and recorded in
Deed Book 209, pa; -e 61 in said Clerk's Office.
SECTION 3. That this Ordinance shall be in full force and
effect from and after its adoption.
Mayor
Passed by the Board of Commissioners October 13, 1964
Recorded by Sarah Thurman, City Clerk, October 13, 1964.