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ORDINANCE NO. 92-7-4793
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A
SUBORDINATION AGREEMENT WITH THE PADUCAH BANK AND TRUST COMPANY
FOR REAL PROPERTY LOCATED AT 2008 GUTHRIE AVENUE, PADUCAH,
McCRACKEN COUNTY, KENTUCKY
BE ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The Mayor is hereby authorized to execute
a Subordination Agreement with The Paducah Bank and Trust
Company for real property located at 2008 Guthrie Avenue,
r Paducah, McCracken County, Kentucky. This Subordination
1 Agreement is attached hereto and incorporated by reference as
if fully set out herein.
SECTION 2. In order to finalize pending documents
with The Paducah Bank and Trust Company, an emergency is hereby
declared to exist and this ordinance will become effective
immediately with one reading.
SECTION 3. This ordinance will be published pursuant
to KRS Chapter 424.
G Y B. N OMERY
Mayor
Introduced and adopted by the Board of Commissioners
July 28, 1992
Recorded by Lenita Smith, City Clerk, July 28, 1992
Published by The Paducah Sun August 4, 1992
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