HomeMy WebLinkAbout2000-7-6237ORDINANCE NO. 2000-7- 6Q3 7
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A
LEASE BETWEEN THE CITY OF PADUCAH AND JAMES MARINE, INC. FOR
CERTAIN REAL PROPERTY LOCATED IN THE CITY OF PADUCAH,
KENTUCKY
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
1 Mayor is hereby authorized and directed to execute
SECTION 1. That the ay y
a lease between the City of Paducah, Kentucky, and James Marine, Inc. for property
located between Kentucky Avenue, Washington Street, the Tennessee River and the
Floodwall, more particularly described as follows:
Being all that portion of Lots 13, 14, 15, 16, 17 and 18 in Block 3
of "Old Town" that is situated between Kentucky Avenue and
Washington Street, the Tennessee River and a line running parallel
with the floodwall and situated 25 feet on the river side of same
from its center line.
SECTION 2. The City will lease these premises to James Marine Inc. for
the sum of Two Hundred Twenty -Five Dollars ($225.00) per month. The term of this
lease shall be for five (5) years, subject to certain terms and conditions contained in said
lease.
SECTION 3. This ordinance shall be read on two separate days and will
become effective upon summary publication pursuant to KRS Chapter 424.
Mayor
ATTEST:
City Clerk
Introduced by the Board of Commissioners July 11, 2000
Adopted by the Board of Commissioners July 25, 2000
Recorded by Lenita Smith, City Clerk, July 25, 2000
Published by The Paducah Sun Qug . /. "P a
ord/lease/james marine
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