HomeMy WebLinkAboutMO #3262MUNICIPAL ORDER NO. 3262
A MUNICIPAL ORDER DECLARING THE REAL PROPERTY LOCATED AT 718 JONES
STREET, PADUCAH, KENTUCKY TO BE SURPLUS PROPERTY, ACCEPTING THE BID
OF SHELLIA KIRKENDOLL OF TEDDY BEAR DEVELOPMENT IN THE AMOUNT OF
ONE HUNDRED DOLLARS ($100) 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 718 Jones
Street, Paducah, Kentucky, which constitutes surplus real estate; and
WHEREAS, the City advertised for bids to be received by May 13, 2026, and one
bid was received; and
WHEREAS, Shellia Kirkendoll of Teddy Bear Development submitted a bid to
purchase the property for One Hundred Dollars ($100) to construct an energy-efficient 3 -
bedroom, 2 -bath home on the vacant lot with a total proposed investment of $185,000.
Additionally, she applied for the Southside Home Funds on behalf of a potential buyer to be
allocated to this project. Once completed, she will market the home and the potential buyer may
be eligible to benefit from the Southside Home Grant funds, provided they meet the
qualifications ; and
WHEREAS, the City desires to accept the proposal for sale to Shellia Kirkendoll
of Teddy Bear Development, in the amount of One Hundred Dollars ($100). It is understood that
the property is located within the Southside Development Project Area; therefore, the property
shall revert back to the Urban Renewal and Community Development Agency if the owner fails
to comply with the submitted proposal to substantially complete the project within one year.
NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
KENTUCKY:
SECTION 1. The Board of Commissioners hereby declares the property located
at 718 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 Shellia Kirkendoll of
Teddy Bear Development in the amount of One Hundred Dollars ($100) for the purchase of real
property located at 718 Jones Street, Paducah, Kentucky, subject to the fact that the property
shall revert back to the Urban Renewal and Community Development Agency if the owner fails
to comply with the submitted proposal to substantially complete the project within one year.
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 an ect from and after the date
of its adoption. n
George Br y, Mayor
ATTE T:
kA i
'-Lindsay Pari City Clerk --
Adopted by the Board of Commissioners, June 9, 2026
Recorded by Lindsay Parish, City Clerk, June 9, 2026
\mo\prop sale— 718 Jones Street