HomeMy WebLinkAboutOrdinance Book 18, Page 581, Ordinance Number 74-5-974581
ORDINANCE NO. 74-5-974
AN ORDINANCE AUTHORIZING THE CITY MANAGER AND CITY TREASURER
TO PAY THE SUM OF $10,000.00 TO J. T. ALBRITTON AND WIFE, LOUISE R. ALBRITTON,
FOR THE PURCHASE OF PROPERTY LOCATED AT THE CORNER OF 9TH AND MADISON
STREETS IN THE CITY OF PADUCAH, KENTUCKY
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the City Manager and the City Treasurer be, and they
are hereby, authorized to pay to J. T. Albritton and wife, Louise R. Albritton, the sum
of $10,000.00 for the purchase of the real property located at the corner of 9th and
Madison Streets in the City of Paducah, Kentucky, and which is more particularly described
as follows:
Beginning at a point on the west side of 9th Street,
60 feet South of the Southwest intersection of 9th
Street and Madison Street, said point being the
Southeast corner of the lot conveyed to Flossie
Allen; thence westerly with the South line of Flossie
Allen lot 175 feet to a point in the East line of the
lot conveyed by Mary F. Calissi, et at, to Henry L.
Bradley; thence southwardly with the East line of
Bradley lot 123 feet 3 inches to the South line of
Tract #1 description in deed to Title Insurance
and Trust Company dated November 10, 1934, and
recorded in Deed Book 185, page 179, in McCracken
County Court Clerk's Office; thence eastwardly
with said South line 173 feet to the west side of
9th Street; thence northwardly with the west line
of 9th Street 123 feet 3 inches to the point of
beginning.
SECTION 2. Prior to the payment of the aforesaid 510, 000. 00, the City
Manager and the City Treasurer shall receive from the Sellers, J. T. Albritton and wife,
Louise R. Albritton, an approved Attorney's Certificate of Title and a General warranty
Deed conveying the aforedescribed property to the City of Paducah, Kentucky, each
of the aforesaid items to be prepared at the expense of the Sellers.
SECTION 3. An emergency is declared to exist and this ordinance
shall therefore be introduced and remain on file for at least one week for public inspection
in the completed form in which it shall be put upon its final passage, and if adopted
shall be in full force and effect immediately thereafter.
Mayor
Introduced by the Board of Commissioners April 30, 1974
Passed by the Board of Commissioners May 7, 1974
Recorded by Sarah Thurman, City Clerk, May 7, 1974.