HomeMy WebLinkAboutMO #3181MUNICIPAL ORDER NO. 3181
A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 3110 NEW
HOLT ROAD, PADUCAH, KENTUCKY, TO BE SURPLUS PROPERTY, AUTHORIZING A
REAL ESTATE PURCHASE AGREEMENT FOR THE SALE OF SAID PROPERTY IN
CONSIDERATION OF $1.00, AND AUTHORIZING THE MAYOR TO EXECUTE THE
AGREEMENT, 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 property located at 3110 New Holt
Road, Paducah, Kentucky, which constitutes surplus real estate; and
WHEREAS, the City of Paducah now desires to transfer the property in
accordance with KRS 82.083(4)(b).
KENTUCKY:
NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
SECTION 1. The Board of Commissioners hereby declares the property located
at 3110 New Holt Road, Paducah, Kentucky to be surplus property as it relates to the operations
of the City. Further, the Board of Commissioners hereby authorizes a purchase agreement to sell
the property for economic development purposes, in accordance with KRS 82.083, for
consideration of $1.00.
SECTION 2. The Mayor is hereby authorized to execute the Real Estate
Purchase Agreement, deed, and any necessary documents relating to the same to complete the
sale of the real property approved in Section 1 above.
SECTION 3. This Order shall be in full force and effect from and after the date
of its adoption.
George Bray, M or
ATEST:
LL,
ihdsay Pa>fsh City Clerk
Adopted by the Board of Commissioners, January 27, 2026
Recorded by Lindsay Parish, City Clerk, January 27, 2026
\moAprop sale— 3110 New Holt Road