HomeMy WebLinkAboutMO #2924MUNICIPAL ORDER NO. 2924
A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 817 SOUTH
5TH STREET, PADUCAH, KENTUCKY TO BE SURPLUS PROPERTY, ACCEPTING THE
BID OF DONALD HOLLOWELL OF BLACK OWL HOME BUILDERS, LLC IN THE
AMOUNT OF ONE DOLLAR ($1) AND AUTHORIZING THE MAYOR TO EXECUTE THE
DEED AND ALL DOCUMENTS RELATED TO SAME
WHEREAS, pursuant to KRS 82.083 a written determination has been made that
the City does not have any use at this time or in the future for properties located at 817 South
Fifth Street, Paducah, Kentucky, which constitutes surplus real estate; and
received; and
WHEREAS, the City advertised for bids on several occasions and no bids were
WHEREAS, KRS 82.083(5) states that "if a city received no bids for real or
personal property, either at public or electronic auction or by sealed bid, the property may be
disposed of, consistent with the public interest, in any manner deemed appropriate by the City;"
and
WHEREAS, Donald Hollowell of Black Owl Home Builders, LLC submitted a
request to purchase the property for $1 to construct an energy-efficient 3 -bedroom, 2 -bath home
on the vacant lot with a total proposed investment of $150,000; and
WHEREAS, the City desires to accept the proposal for sale to Donald Hollowell
of Black Owl Home Builders LLC, in the total amount of One Dollar ($1).
KENTUCKY:
NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
SECTION 1. The Board of Commissioners hereby declares the property located
at 817 South Fifth Street, Paducah, Kentucky to be surplus property as it relates to the operations
of the City. Further, the Board of Commissioners hereby accepts the bid of Donald Hollowell of
Black Owl Home Builders, LLC in the amount of One Dollar ($1) for the purchase of real
property located at 817 South Fifth Street, Paducah, Kentucky.
SECTION 2. The Mayor is hereby authorized to execute a deed and any
necessary documents relating to same to complete the sale of the real property approved in
Section 1 above.
SECTION 3. This Order shall be in full foZZ
after the date
of its adoption.
Mayor
ATTEST:
a 14s1-- CA4 CLWC
Lett Lindsay Parish, City Clerk
Adopted by the Board of Commissioners, July 23, 2024
Recorded by Lindsay Parish, City Clerk, July 23, 2024
\mo\prop sale— 817 South Fifth Street