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HomeMy WebLinkAboutMO #3263MUNICIPAL ORDER NO. 3263 A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 709 JONES STREET, PADUCAH, KENTUCKY TO BE SURPLUS PROPERTY, ACCEPTING THE BID OF JOHN B. VONTESMAR OF FLY BY NIGHT, INC. IN THE AMOUNT OF ONE DOLLAR ($1.00) AND AUTHORIZING THE MAYOR TO EXECUTE THE 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 properties located at 709 Jones Street, Paducah, Kentucky, which constitutes surplus real estate; and received; and WHEREAS, the City advertised for bids on May 13, 2026, and one bid was WHEREAS, John B. Vontesmar of Fly By Night, Inc. submitted a bid to purchase the property for One Dollar ($1.00) to construct an energy-efficient 3 -bedroom, 2 -bath home on the vacant lot with a total proposed investment of $185,000; and WHEREAS, the City desires to accept the proposal for sale to John B. Vontesmar of Fly By Night, Inc., in the amount of One Dollar ($1.00). KENTUCKY: NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH, SECTION 1. The Board of Commissioners hereby declares the property located at 709 Jones Street, Paducah, Kentucky to be surplus property as it relates to the operations of the City. Further, the Board of Commissioners hereby accepts the bid of John B. Vontesmar of Fly By Night, Inc. in the amount of One Dollar ($1.00) for the purchase of real property located at 709 Jones Street, Paducah, Kentucky. The deed shall contain a reversionary clause providing that title shall revert to the Urban Renewal and Community Development Agency if the project is not substantially completed in accordance with the submitted proposal within one (1) year of conveyance. SECTION 2. The Mayor is hereby authorized to execute a deed and any necessary documents relating to 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. Q �:)& George Bray, Mayor ATTEST: `�te�SCt G/ll Lindsay Parish City Clerk Adopted by the Board of Commissioners, June 9, 2026 Recorded by Lindsay Parish, City Clerk, June 9, 2026 \mo\prop sale— 709 Jones Street