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HomeMy WebLinkAboutMO # 1408MUNICIPAL ORDER NO. 1408 A MUNICIPAL ORDER AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A LICENSE AGREEMENT BETWEEN PADUCAH & LOUISVILLE RAILWAY, INC., AND THE CITY OF PADUCAH FOR USE OF PROPERTY LOCATED AT THE CORNER OF MARTIN LUTHER KING JR DRIVE AND NORTH NINTH STREET BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized and directed to execute a License Agreement between Paducah & Louisville Railway, Inc., and the City of Paducah, Kentucky, for the sum of one dollar ($1.00) for land located at the corner of Martin Luther King Jr. Drive and North Ninth Street for constructing and maintaining a sculpture/sign. SECTION 2. The term of the aforesaid license agreement authorized in Section 1 above shall be for a period of ten (10) years commencing upon execution of the date of the agreement. SECTION 3. This Order shall be in full force and effect from and after the date of its adoption. ATTEST: Tammara S. Brock, City Clerk Adopted by the Board of Commissioners, October 14, 2008 Recorded by Tammara S. Brock, City Clerk, October 14, 2008 \mo\license agree w -P&L Railway N9th&MLK