HomeMy WebLinkAboutMO #3205Mi 1NICIPAL ORDER NO. 3205
A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 715 JONES
STREET, PADUCAH, KENTUCKY, TO BE SURPLUS PROPERTY, AUTHORIZING A
REAL ESTATE PURCHASE AGREEMENT WITH TEDDY BEAR ESTATES 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 715 Jones
Street, 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(5).
KENTUCKY:
NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
SECTION 1. The Board of Commissioners hereby declares the property located
at 715 Jones Street, 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 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.
�t"&' .
Geo e Bray, Mayor
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Lindsa�rish City Clerk
Adopted by the Board of Commissioners, March 10, 2026
Recorded by Lindsay Parish, City Clerk, March 10, 2026
\mo\prop sale— 715 Jones