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ORDINANCE NO. 97-9- .-r%d-z#'
AN ORDINANCE APPROVING SALE BY THE CITY OF REAL
PROPERTY LOCATED AT 2400 IRVIN COBB DRIVE IN THE CITY OF
PADUCAH, McCRACKEN COUNTY, KENTUCKY, FOR THE AMOUNT OF
$875,000, AND AUTHORIZING THE MAYOR TO EXECUTE A DEED AND ALL
OTHER DOCUMENTS RELATING THERETO, NECESSARY TO CONVEY SAID
PROPERTY TO ALUMA-KRAFT SALES & MANUFACTURING COMPANY
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah approves sale by the
City of real property for the amount of $875,000, and autho-
rizes the Mayor to execute a deed and all other documents
relating thereto, necessary to convey said property to
Aluma-Kraft Sales & Manufacturing Company. Said property is
located at 2400 Irvin Cobb Drive in the City of Paducah,
McCracken County, Kentucky.
SECTION 2. Sale of this property is pursuant to the
terms set forth in Municipal Order No. 763, adopted by the City
of Paducah on July 22, 1997, and said sale is contingent upon
buyer receiving benefits from the Kentucky Cabinet for Economic
Development.
SECTION 3. This ordinance shall be read on two
separate days and will become effective upon summary
publication pursuant to KRS Chapter 424.
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ATTEST:
ity Clerk
Introduced by the Board of Commissioners September 9, 1997
Adopted by the Board of Commissioners September 23, 1997
Recorded by Lenita Smith, City ark, September 23, 1997
Published by The Paducah Sun /iy %
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