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HomeMy WebLinkAbout93-2-4901KENTUCKY: ORDINANCE #93- 2 - 4901 AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE THE REAL PROPERTY OF JACK YORK AND LYNNE SHELBOURNE LOCATED AT 40)0 SOUTH SIXTH STREET, PADUCAH, MCCRACKEN COUNTY, KENTUCKY AND GENERALLY KNOWN AS THE BRANNON BUSINESS BUILDING, FOR AND IN CONSIDERATION OF $350,000.00. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, SECTION 1. The Mayor and City Clerk are hereby authorized to purchase from Jack York and Lynne Shelbourne the real property located at 404 South Sixth Street, Paducah, McCracken County, Kentucky, generally known as the Brannon Business Building, for and in consideration of $350,000.00, upon such terms and provisions as are acceptable to the City Manager. SECTION 2. That the Mayor and City Clerk are hereby authorized to enter into and execute any and all documentation necessary to effectuate the purchase of the aforesaid property. SECTION 3. The account number of this expenditure shall be determined by the City Manager. SECTION 4. This ordinance shall be read on two separate days and will become effective upon publication of title and a certified summary thereof. Mayor Protem Introduced by the Board of Commissioners February 2, 1993 Adopted by the Board of Commissioners Recorded by Lenita Smith, City Clerk Published by The Paducah Sun February 9, 1993 February 9, 1993 February 15, 1993 40