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HomeMy WebLinkAbout98-8-5911632 ORDINANCE No. 98- $ — &_"? / f AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A CONSIDERATION CERTIFICATE CONTAINED IN THE DEED OF CONVEYANCE FROM O T ALLEN AND WIFE, MARTHA SUE ALLEN, FOR THE ACQUISITION OF REAL PROPERTY LOCATED OFF OF U. S. HIGHWAY 60 AND FISHER ROAD, PADUCAH, KENTUCKY WHEREAS, on December 21, 1993, the Board of Commissioners of 16 the City of Paducah, Kentucky, adopted Ordinance 934Z-5057 which ordinance authorized the condemnation and acquisition for public purposes the real property of O. T. Allen and wife, Martha Sue Allen, located off of U. S. Highway 60 and Fisher Road, and consisting of approximately 22.0053 acres and further authorized the corporate counsel of the City of Paducah to institute condemnation proceedings in order to accomplish same; and WHEREAS, a civil suit was commenced, Civil Action No. 94 -CI -00170, and a judgment was entered by the McCracken Circuit Court granting to the City of Paducah and County of McCracken the above -referenced real property and awarding O. T. Allen and wife, Martha Sue Allen, as just compensation for said property the sum of $675,000.000; and ; WHEREAS, in order for record title to the above -referenced real property to vest in the City of Paducah and County of McCracken, O. T. Allen and wife, Martha Sue Allen, have executed and delivered a deed of conveyance dated June 5, 1998; and WHEREAS, the City of Paducah and County of McCracken are hereby requested to execute the aforesaid deed of conveyance from O. T. Allen and wife, Martha Sue Allen, certifying the consideration paid to the Allens for the real property acquired under Civil Action No. 94 -CI -00170. Be it ordained by the City of Paducah, Kentucky: Section 1: The Mayor is hereby authorized and directed to execute the deed of conveyance dated June 5, 1998, by and between O. T. Allen and wife Martha Sue Allen, as grantors, and the City of Paducah, Kentucky, and County of McCracken, Kentucky, as grantees, and by so executing, the Mayor will be certifying the consideration paid for the real property acquired under Civil Action No. 94 -CI - 00170, which amount was $675,000.00. Section 2: This ordinance shall be read on two separate dates and will become effective upon summary publication pursuant to KRS Ch. 424. ATTEST: CLERK Introduced by the Board c Adopted by the Board of Recorded by City UL4,4. //. / 9?Y V Published by The Paducah Sun ". /1i %`79? ORD\41058 633