HomeMy WebLinkAboutMO #3211MUNICIPAL ORDER NO. 3211
A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 1501
BROADWAY, TO BE SURPLUS PROPERTY, AUTHORIZING THE TRANSFER OF THE
PROPERTY TO WESTWOOD DEVELOPMENT LLC, IN ACCORDANCE WITH THE
DEVELOPMENT AGREEMENT, AND AUTHORIZING THE MAYOR TO EXECUTE THE
AGREEMENT, DEED, AND ALL DOCUMENTS RELATED TO SAME
WHEREAS, on February 6, 2025, the City issued a request for proposals for the
property located at 1501 Broadway, and two proposals were received; and
WHEREAS, upon review, staff determined that both submissions were
reasonable. In accordance with Section 2-657, both proposers were contacted to further discuss
their proposals; and
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 1501
Broadway, which constitutes surplus real estate; and
WHEREAS, the City of Paducah now desires to transfer the property to
Westwood Development LLC, in accordance with the Development Agreement.
KENTUCKY:
NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
SECTION 1. The Board of Commissioners hereby declares the property located
at 1501 Broadway, Paducah, Kentucky to be surplus property as it relates to the operations of the
City. Further, the Board of Commissioners hereby authorizes a development agreement between
the City of Paducah and Westwood Development, LLC, for the development of twelve (12)
single-family housing units, in accordance with KRS 82.083(4)(b), for consideration of $1.00.
SECTION 2. The Mayor is hereby authorized to execute the Development
Agreement, Deed, and any other 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 effect from and after the date
of its adoption. 4
George Bray, Mayor—
ATTEST:
ayor
ATTEST:
Lindsay Parisl, City Clerk
Adopted by the Board of Commissioners, March 10, 2026
Recorded by Lindsay Parish, City Clerk, March 10, 2026
\mo\Development agreement — 1501 Broadway — Westwood Development, LLC