HomeMy WebLinkAboutMO #3258MUNICIPAL ORDER NO. 3258
A MUNICIPAL ORDER DECLARING CERTAIN REAL PROPERTY LOCATED AT
5065 CONCORD AVENUE SURPLUS TO THE NEEDS OF THE CITY OF PADUCAH,
AUTHORIZING ITS DISPOSITION BY PUBLIC AUCTION, AND AUTHORIZING
THE MAYOR TO EXECUTE ALL DOCUMENTS RELATED TO SAME
WHEREAS, the City of Paducah acquired the property located at 5065 Concord
Avenue for the purpose of roadway improvements associated with the New Holt Road project;
and
WHEREAS, the property consists of approximately 0.87 acres situated at the
intersection of New Holt Road and Concord Avenue and was created by Plat M-1948 as part of
the Charles L. Kindred Subdivision recorded in Plat G-93, consisting of original Lots 22 and 23;
and
WHEREAS, the New Holt Road project has been completed and the City no
longer requires the property for any current or anticipated public purpose; and
WHEREAS, the City Commission finds that the property is surplus to the needs
of the City and that its disposition is in the best interests of the citizens of Paducah; and
WHEREAS, the City Commission further finds that disposition of the property by
public auction is appropriate due to the property's redevelopment potential, its location within the
regional trade center, and the existence of recorded subdivision restrictions affecting permissible
land uses, thereby allowing the market to determine value while placing responsibility for due
diligence upon prospective purchasers; and
WHEREAS, KRS 82.083 authorizes cities to dispose of surplus real property by
public auction.
NOW, THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
KENTUCKY:
SECTION 1. The City Commission hereby declares the real property located at
5065 Concord Avenue, Paducah, Kentucky, consisting of approximately 0.87 acres and being
part of the Charles L. Kindred Subdivision, recorded in Plat G-93 as original Lots 22 and 23 and
created by Plat M-1948, to be surplus to the needs of the City of Paducah.
SECTION 2. The City Commission hereby authorizes the sale of the property by
public auction in accordance with KRS 82.083 and upon such terms and conditions as may be
determined appropriate by the City Manager.
SECTION 3. The Mayor is hereby authorized to execute the deed and any and all
documents necessary to effectuate the transfer of the property following the sale. The City
Manager is further authorized to take all actions necessary to carry out the intent of this
Municipal Order, including contracting with a licensed auctioneer, approving auction terms and
conditions, and completing all actions required to consummate the sale and transfer of title.
SECTION 4. This Order shall be in full force and effect from and after the date of
its adoption. ,.
George P. Bray, Mayor
ATTEST:
GRnn
ind y Parish, ty Clerk
Adopted by the Board of Commissioners, June 9, 2026
Recorded by Lindsay Parish, City Clerk, June 9, 2026
MO\prop sale - 5065 Concord Avenue —Auction