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HomeMy WebLinkAbout97-10-5754ORDINANCE NO. 97-10-! % 'f AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A SETTLEMENT AGREEMENT BETWEEN THE CITY OF PADUCAH, SERVICE MERCHANDISE COMPANY INC. AND WAREHOUSE, INC. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized and directed to execute a Settlement Agreement and Release of Claims between the City of Paducah, Service Merchandise Company Inc. and Warehouse, Inc., terminating litigation relating to the East Mall Access Road. SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424 ATTEST: Cit Clerk Introduced by the Board of Commissioners October 14, 1997 Adopted by the Board of Commissioners October 28, 1997 Recorded by Lenita Smith, Citys8ev, rk, October 28, 1997 Published by The Paducah Sun 991 c> =C1 / cont ra c t 9- 1 286