HomeMy WebLinkAboutMO #2967MUNICIPAL ORDER NO. 2967
A MUNICIPAL ORDER ACKNOWLEDING THAT THE PADUCAH BOARD OF
COMMISSIONERS AUTHORIZES THE MAYOR AND/OR CITY MANAGER, OR THEIR
DESIGNEES, TO ACT AS AGENTS FOR THE CITY OF PADUCAH, KY IN THE MATTER
OF TENDERING AN OFFER NOT TO EXCEED ONE HUNDRED TWENTY THOUSAND
DOLLARS ($120,000), FOR THE PURCHASE OF CERTAIN REAL PROPERTY AND
THAT UPON ACCEPTANCE OF THE OFFER BY THE SELLER THE MATTER WOULD
RETURN TO THE PADUCAH CITY COMMISSION FOR FINAL ACTION.
WHEREAS, the City Commission has adopted a priority to address the shortage of
housing. stock; and
WHEREAS, the City has identified certain real property that is currently available for
sale and would help achieve the Commission's priority; and
WHEREAS, the City recognizes that the public disclosure of the identity of the property
would likely affect the value of the property; and
WHEREAS, the Mayor and/or the City Manager, or their designees, are authorized to
negotiate in good faith a purchase price to acquire certain real property at a price not to exceed
One Hundred and Twenty Thousand Dollars ($120,000); and
WHEREAS, upon successful negotiation of the purchase price the matter would return to
the Paducah City Commission for final action; and
NOW, THEREFORE, BE IT ORDERED BY THE BOARD OF COMMISSIONERS OF
THE CITY OF PADUCAH, KENTUCKY:
SECTION 1: The Board of Commissioners of the City of Paducah, KY hereby
approves that the Mayor and/or City Manager, or their designees, are authorized to negotiate in
good faith a purchase price for the acquisition of certain property in an amount not to exceed
One Hundred and Twenty Thousand Dollars ($120,000) and upon acceptance by the seller of the
agreed upon purchase price the matter would return to the Paducah City Commission for final
action.
SECTION 2. This Order shall be in full force an effect from and after the date
of its adoption.
George Bray, Mayor
TT" S
Claudia S. Meeks, Assistant City Clerk
Adopted by the Board of Commissioners, October 8, 2024
Recorded by Claudia S. Meeks, Assistant City Clerk, October 8, 2024
mo\authorization for real property