HomeMy WebLinkAbout89-10-4329ORDINANCE NO. 89-10-4329
AN ORDINANCE ACCEPTING THE PROPOSAL OF HAM'S
REALTY & AUCTION COMPANY FOR THE PUBLIC AUCTION OF REAL AND
PERSONAL PROPERTY FOR THE CITY OF PADUCAH, AND AUTHORIZING
THE MAYOR TO EXECUTE A CONTRACT FOR SAME
WHEREAS, the City of Paducah owns surplus real and
personal property which are no longer of value to the City
for governmental purposes; and
WHEREAS, Kentucky Revised Statutes allow the City
to dispose of excess property by public auction; and
WHEREAS, Ham's Realty & Auction Company has
submitted a proposal to the City for auctioning said surplus
real and personal property.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The Mayor is hereby authorized to
enter into a one-year contract with Ham's Realty & Auction
Company for the public auction of real and personal City
property to be designated by the Board of Commissioners.
This contract is incorporated by reference as if set out in
full herein. Said Contract may be renewed on an annual
basis upon agreement by both parties.
SECTION 2. The City Treasurer is authorized to
pay Ham's Realty & Auction Company a fee for its services
computed as follows:
Fee Including Advertising:
Large Equipment
Vehicles
Personal Property
Real Property
8°
$40.00 per vehicle
15%
8°
0
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 October 10, 1989
Adopted by the Board of Commissioners October 24, 1989
Recorded by Lenita Smith, City Clerk, October 24, 1989
Published by The Paducah Sun October 30, 1989.
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