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HomeMy WebLinkAboutMO #2952MUNICIPAL ORDER NO. 2952 A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 1314 OSCAR CROSS AVENUE, PADUCAH, KENTUCKY TO BE SURPLUS PROPERTY, TRANSFERRING THE PROPERTY WITHOUT COMPENSATION TO PADUCAH ALLIANCE OF NEIGHBORS FOR ECONOMIC DEVELOPMENT PURPOSES, AND AUTHORIZING THE MAYOR TO EXECUTE THE DEED AND ALL DOCUMENTS RELATED TO SAME WHEREAS, pursuant to Section 2-668 of the Code of Ordinances of the City of Paducah, Kentucky, a written determination has been made that the City does not have any use at this time or in the future for property located at 1314 Oscar Cross Avenue, Paducah, KY, which constitutes surplus zeal estate; and WHEREAS, it is recommended that the City of Paducah accept the request of the Paducah Alliance of Neighbors to transfer the property in accordance with KRS 82.083(5), and subject to the standard clause stating that the property would revert back to the City if the owner fails to comply with the submitted proposal and fails to substantially complete the project within one year; and WHEREAS, the City desires to accept the proposal of Paducah Alliance of Neighbors, to make improvements to the property and build a two-bedroom, two -bath single-family home, with a proposed investment in the amount of $193,950. KENTUCKY: NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH, SECTION 1. The Board of Commissioners hereby declares the property located at 1314 Oscar Cross Avenue, Paducah, Kentucky, to be surplus property as it relates to the operations of the City, and authorizes the transfer of the property to Paducah Alliance of Neighbors in accordance with the proposal of Paducah Alliance of Neighbors. Further, it is determined that it is necessary and desirable and in the best interest of the City to execute the consideration certificate contained in said deed of conveyance. SECTION 2. The Mayor is hereby authorized to execute the deed of conveyance and any necessary documents to complete the transfer of the real property approved in Section 1 above. SECTION 3. This Order shall be in full force pd effect from and after the date of its adoption. George Bray, ATTEST: olalkd a S Claudia S. Meeks, Assistant City Clerk Adopted by the Pound of Commissioners, August 27, 2024 Recorded by Claudia S. Meeks, Assistant City Clerk, August 27, 2024 \mo\prop sale— 1314 Oscar Cross Avenue, Paducah, KY