HomeMy WebLinkAboutOrdinances Book 17, Page 39, Ordinance Number 70-2-288ORDINANCE NO. 70-2-288
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A DEED BETWEEN THE
CITY OF PADUCAH, KENTUCKY, FOR THE USE AND BENEFIT OF PADUCAH WATERWORKS,
TO PEOPLES FIRST NATIONAL BANK AND TRUST COMPANY
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the Mayor and City Clerk be, and they are hereby,
authorized to execute a deed by and between the City of Paducah, Kentucky,
for the use and benefit of Paducah water Works, of Paducah, Kentucky,
to the Peoples First National Bank & Trust Company of Paducah, Kentucky,
for a consideration of $25,000.00 for a certain lot or parcel of land
lying and being in the City of Paducah, McCracken County, Kentucky,
and more particularly described as follows, to -wit:
Being twenty-five (25) feet, two (2) inches of ground
in Block Fourteen (14), Town "A" of Paducah, Kentucky,
on the east side of Fourth Street, beginning at a
point sixty-eight (68) feet, two (2) inches from the
corner of Court Street; thence at right angles toward
Third Street one hundred three (103) feet, three (3)
inches to an alley; thence at right angles with the
line of said alley toward Court Street twenty-five (25)
feet, two (2) inches; thence at right angles one hundred
three (103) feet, three (3) inches to Fourth Street;
thence at right angles and toward Broadway Street twenty-
five (25) feet two (2) inches to the place of beginning.
SECTION 2. The consideration of $25,000.00 shall be for the use
and benefit of the Paducah Water Works, and the executed deed shall be
delivered to the Paducah Water Works for delivery to Peoples First
National Bank & Trust Company upon receipt of the full amount of said
consideration.
SECTION 3. This ordinance shall be in full force and effect from
and after its adoption.
Mayor
Passed by the Board of Commissioners February 10, 1970
Recorded by Sarah Thurman, City Clerk, February 10, 1970.