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HomeMy WebLinkAbout96-10-5580732 ORDINANCE NO. 96-10- ,55?0 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF PADUCAH AND SEAMEN'S CHURCH INSTITUTE OF NEW YORK AND NEW JERSEY, FOR LEASE BY SEAMEN'S OF VARIOUS BUILDINGS LOCATED AT 117 SOUTH FIRST STREET IN THE CITY OF PADUCAH, McCRACKEN COUNTY, KENTUCKY C11 WHEREAS, the City of Paducah is the owner of various buildings located at 117 South First Street; and WHEREAS, the City desires to lease such buildings to Seamen's for the purpose of operating a maritime simulator facility/training school; and WHEREAS, it is now the express intent of the parties to enter into a lease which will set out the terms, conditions and covenants of the parties. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized and directed to execute a Lease Agreement between the City of Paducah and Seamen's Church Institute of New York and New Jersey, for lease by Seamen's of various buildings located at 117 South First Street in the City of Paducah, McCracken County, Kentucky. SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publi- cation pursuant to KRS Chapter 424. Mayc ATTEST: 4CiCc_1er_k Introduced by the Board of Commissioners September 24, 1996 Adopted by the Board of Commissioners October 8, 1996 Recorded by Lenita Smith, City Sle��, Octo er 8, 1996 Published by The Paducah Sun i�P/l, . 1996. ord / c ontrac t 8.3. �I