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HomeMy WebLinkAbout2001-11-6452203 /I— ORDINANCE NO. 2001 b� AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A SUBLEASE AGREEMENT BETWEEN SEAMEN'S CHURCH INSTITUTE OF NEW YORK AND NEW JERSEY AND RIVER HERITAGE MUSEUM INC., AND TO EXECUTE A SUBLEASE AND OPERATING AGREEMENT BETWEEN RIVER HERITAGE MUSEUM INC., THE PADUCAH FILM SOCIETY, THE CITY OF PADUCAH, AND SEAMEN'S CHURCH INSTITUTE OF NEW YORK AND NEW JERSEY WHEREAS, it is the intent of the all parties to enter into a Sublease Agreement and a Sublease and Operating Agreement, which Agreements will set out the terms, conditions and covenants of the parties. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized and directed to execute a Sublease Agreement between Seamen's Church Institute of New York and New Jersey and River Heritage Museum Inc. for sublease of real property located on Water Street, for and in consideration of the terms, covenants and conditions set forth in said agreement. SECTION 2. That the Mayor is hereby authorized to execute a Sublease and Operating Agreement between between River Heritage Museum Inc, Paducah Film Society, City of Paducah, and Seamen's Church Institute of New York and New Jersey for a tract of real property located at 117 Water Street generally known as the River Heritage Museum, for and in consideration of the terms, covenants and conditions, and �r other good and valuable consideration, as set forth in said agreement. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: a.. Cit Clerk Introduced by the Board of Commissioners August 7, 2001 Adopted by the Board of Commissioners Recorded by Lenita Smith, City Clerk, 0-0 Published by The Paducah Sun 7?A- / Vo Z a o / ord/lease/Seamen/\RHheritage/FilniSociety/City