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HomeMy WebLinkAboutMO #3030MUNICIPAL ORDER NO. 3030 A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 729 SOUTH 13TB STREET, PADUCAH, KENTUCKY TO BE SURPLUS PROPERTY, ACCEPTING THE BID OF SHELLIA KIRKENDOLL OF TEDDY BEAR DEVELOPMENT 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 729 South 13th Street, Paducah, Kentucky, which constitutes surplus real estate; and WHEREAS, the City advertised for bids on several occasions, the last being in May 2022, and no bids were received; and 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, Shellia Kirkendoll of Teddy Bear Development 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 $180,262.50; and WHEREAS, the City desires to accept the proposal for sale to Shellia Kirkendoll of Teddy Bear Development, in the total amount of One Dollar ($1), with the understanding that the property shall revert back to the City if the owner fails to comply with the submitted proposal to substantially complete the project within one year. KENTUCKY: NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH, SECTION 1. The Board of Commissioners hereby declares the property located at 729 South 13th 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 Shellia Kirkendoll of Teddy Bear Development in the amount of One Dollar ($1) for the purchase of real property located at 729 South 13th Street, Paducah, Kentucky, subject to the fact that the property shall revert back to the City if the owner fails to comply with the submitted proposal to substantially complete the project within one year. 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 for(=::;Z" fleetand after the date of its adoption. George, ATTEST: Vndsay Parish,pity Clerk Adopted by the Board of Commissioners, April 8, 2025 Recorded by Lindsay Parish, City Clerk, April 8, 2025 \mo\prop sale -729 South 13th Street