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HomeMy WebLinkAbout93-1-488612 KENTUCKY: ORDINANCE qu°��SCP AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO A CONTRACT WITH BURTON A. WASHBURN, III AND JAMES E. ALLEN FOR THE AMOUNT OF $27,500.00 PLUS THE 1992 TAXES TO ACQUIRE PROPERTY LOCATED AT 411-413 SOUTH FIFTH STREET, PADUCAH, MCCRACKEN COUNTY, KENTUCKY. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, SECTION 1. The Mayor and City Clerk are hereby authorized to enter into a contract with Burton A. Washburn, III and James E. Allen for the amount of $27,500.00 plus 1992 ad valorem taxes that are due and owing on the subject property for the acquisition of property located at 411-413 South Fifth Street in accordance with the purchase agreement, a copy of which is attached hereto and incorporated by reference as if fully set out herein. r SECTION 2. That 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 in accordance with the purchase agreement which is attached hereto and incorporated herein by reference. SECTION 3. The account number for 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. EARL FEEZOR, MAYO O TEM Introduced by the Board of Commissioners December 22, 1992 Adopted by the Board of Commissioners January 5, 1993 Recorded by Lenita Smith, City Clerk January 5, 1993 Published by The Paducah Sun January 9, 1993