HomeMy WebLinkAbout94-11-5218M,
ORDINANCE NO. 94-11-5218
AN ORDINANCE AUTHORIZING THE SALE OF SURPLUS REAL PROPERTY FOR
THE BENEFIT OF PADUCAH WATER WORKS
WHEREAS, Municipal Order No. 695 was adopted by the Board of
Commissioners on October 11, 1994, approving the Resolution of the
Commissioners of Waterworks of the City of Paducah declaring property
located at 1850 Lone Oak Road, the corner of Lutes Road and Highland Church
Road, and on the I-24 Downtown Loop near the intersection with Harrison
Street no longer suitable or necessary to the operation of the Water Works;
and
WHEREAS, Resolution of the Commissioners of Waterworks dated
October 26, 1994, recommended the City of Paducah accept the offer of Mr.
John Davis dated October 21, 1994, to purchase surplus property at the
corner of Lutes Road and Highland Church Road for the sum of Twenty-seven
Thousand Dollars ($27,000.); and
WHEREAS, the Commissioners of Waterworks have declared the
proceeds from the sale of this property are needed to continue the
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efficient operation of the Water Works, and it would be in the best public
interest to sell same; and
WHEREAS, said property is presently owned by the City of
Paducah, Kentucky on behalf of Paducah Water Works.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah hereby accepts the offer of
John Davis dated October 21, 1994, to purchase for the sum of Twenty-seven
Thousand Dollars ($27,000.) the real property more particularly described
as follows:
A tract labeled as Lot ".A" fronting one hundred fifty-two and
sixty-one hundredths (152.61) feet on Lutes Road, extending
C northwardly one hundred seventy and seven hundredths (170.07) feet
on Highland Church Road, extending eastwardly one hundred seventy-one
and eighty hundredths (171.80) feet, and extending southwardly one
hundred eighty-eight and four hundredths (188.04) feet to the place
of beginning. This tract contains thirty two thousand four hundred
65
fifty-nine (32,459) square feet and was conveyed to the City of
Paducah for the use and benefit of Paducah Water Works by deed dated
June 30, 1988, of record in Deed Book 715, page 594, in the office of
the Clerk of the County Court of McCracken County, Kentucky.
SECTION 2. The City of Paducah hereby authorizes and directs
the Mayor to execute and the Corporation Counsel to approve all deeds and
any other documents necessary to accomplish the purposes of this ordinance
and further authorizes the proceeds from this sale to be deposited in the
Depreciation Account of Paducah Water Works.
Section 3. This ordinance shall be read on two separate dates
and become effective upon summary publication pursuant o KRS Chapter 424.
Mayor Pro t
Introduced by the Board of Commissioners November 8, 1994.
Adopted by the Board of Commissioners November 15, 1994.
Recorded by Lenita Smith, City Clerk, November 15, 1994.
Published by The Paducah Sun 11-d- /_, 1994.
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