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HomeMy WebLinkAbout90-2-4372792 ORDINANCE NO. 90-2-4372 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF PADUCAH AND WORLDWIDE HOBBIES, INC. FOR PROPERTY LOCATED AT 1708 BROADWAY WHEREAS, the City of Paducah is owner of certain real property located at 1708 Broadway; and WHEREAS, it is the desire, intent and plan of the City of Paducah to lease the aforesaid tract of real property, together with the building and related facilities, to Worldwide Hobbies, Inc. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is authorized and directed to execute a Lease Agreement with Worldwide Hobbies, Inc. for certain real property owned by the City of Paducah, which is located at 1708 Broadway. SECTION 2. This Lease Agreement is attached hereto and incorporated by reference herein as if fully set J out in its entirety. SECTION 3. This ordinance shall be read on two separate days and will become effective upon publication of title and a certified summary thereof. GERRY B. MONTGOMERY Mayor Introduced by the Board of Commissioners February 13, 1990 Adopted by the Board of Commissioners February 27, 1990 Recorded by Lenita Smith, February 27, 1990 Published by The Paducah Sun March 5, 1990. ord/lease