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HomeMy WebLinkAboutMO # 1299782 90814 MUNICIPAL ORDER NO. 1299 A MUNICIPAL ORDER AUTHORIZING TRANSFER AND ACQUISITION OF MUNICIPALLY OWNED REAL PROPERTY HELD FOR THE USE AND BENEFIT OF THE PADUCAH WATER WORKS WHEREAS, the City of Paducah owns certain real property along the Ohio riverfront between Terrell and Burnett Streets and generally known as Lots 37, 47, and 57 in Addition "F" to the City of Paducah, in the Flournoy, Norton, Trimble and Harris Addition, which property is owned by the City for the use and benefit of the Commissioners of the Paducah Water Works; and WHEREAS, the subject property is located in the City of Paducah, McCracken County, Kentucky and is more particularly described in the QuitClaim Deed of Conveyance attached hereto as Exhibit "A," (the "Property"); and WHEREAS, the Commissioners of the Paducah Water Works has determined that the Property is no longer necessary, appropriate, or in the best interests of the operations of the Paducah Water Works as is therefore deemed surplus real estate by the Commissioners of the Paducah Water Works; and WHEREAS, the City of Paducah desires to acquire the Property from the Commissioners of the Paducah Water Works at the same purchase price as acquired ($16,000.00) for purposes of the improvement and revitalization of the City's downtown riverfront and the completion of a City boat launch along the Ohio river; and WHEREAS, pursuant to KRS 82.081, and of course under its general home rule power, KRS 82.082, the City of Paducah may transfer its property for a particular public use provided the purpose would advance the interest of the municipality and its welfare; and WHEREAS, the Board of Commissioners of the City of Paducah find that the acquisition of the Property from the Commissioners of the Paducah Water Works for the same purchase price as purchased by the Paducah Water Works in 1991 is reasonable and fair and that the acquisition advances a particular public purpose of the City and is in the best interest of the City and the Paducah Water Works. NOW, THEREFORE, IT IS ORDERED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. Recitals and Authorizations. The Board of Commissioners hereby declares the Property to be surplus property as it relates to the operations of the Paducah Water Works. SECTION 2. Recitals and Authorizations. The Board of Commissioners further declares that the acquisition of the Property by the City of Paducah for purposes of the improvement and revitalization of the City's downtown riverfront and the completion of a City IN 782 783 783 boat launch along the Ohio river advances a particular public purpose of the City and is in the best interest of the City and is hereby approved and authorized. SECTION 3. Recitals and Authorizations. That the Mayor of the City of Paducah, Kentucky, for the benefit and use of Paducah Water Works, be and he is hereby authorized to execute and deliver a quitclaim deed of conveyance of the Property to the City of Paducah, Kentucky, for and in consideration of Sixteen Thousand Dollars ($16,000.00), in substantially the same form as attached hereto as EXHIBIT A, together with all other documentation necessary to effectuate the transfer of the Property. SECTION 4. Distribution of Proceeds. The monies due to the Commissioners of the Paducah Water Works for the transfer and acquisition by the City of Paducah shall be remitted to the Paducah Water Works following execution and delivery of the aforesaid quitclaim deed of conveyance. SECTION 5. Severability. If any section, paragraph or provision of this Order shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Order. SECTION 6. Compliance with Open Meetings Laws. The City Commission hereby finds and determines that all formal actions relative to the adoption of this Order were taken in an open meeting of the City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in meetings open to the public, in full compliance with applicable legal requirements. SECTION 7. Conflicts. All ordinances, resolutions, orders or parts thereof in conflict with the provisions of this Order are, to the extent of such conflict, hereby repealed and the provisions of this Order shall prevail and be given effect. SECTION 8. Effective Date. This Order shall be in full force and effect on and after the date as approved by the Board of Commissioners of the City of Paducah, Kentucky. ATTEST: 2WOA f Aer-k Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 12, 2007 Adopted by the Board of Commissioners, June 12, 2007 Recorded by Tammara S. Brock, City Clerk, June 12, 2007 mo\prop pur — PWW-btwn Terrell & Burnett 2 784 EXHIBIT A DEED OF CONVEYANCE THIS DEED made and entered into this day of , 2007, by and between CITY OF PADUCAH, KENTUCKY, FOR BENEFIT AND USE OF PADUCAH WATER WORKS, a body politic and corporate, duly organized and existing under the laws of the Commonwealth of Kentucky, of P.O. Box 2267, Paducah, Kentucky 42002-2267, Grantor, and CITY OF PAUDCAH, KENTUCKY, a body politic and corporate, duly organized and existing under the laws of the Commonwealth of Kentucky, of P.O. Box 2267, Paducah, Kentucky 42002-2267, Grantee; WITNESSETH: THAT FOR AND IN CONSIDERATION of the sum of Sixteen Thousand Dollars ($16,000.00), cash in hand paid by the Grantee to the Grantor, the receipt of which is hereby acknowledged by Grantor, Grantor does hereby remise, release and quitclaim, with no warranty whatsoever, unto the Grantee, its successors and assigns, together with all the improvements, appurtenances and rights thereunto belonging, the following described property, lying and being in McCracken County, Kentucky, and more particularly described as follows: BEING LOT NO. 37, CONTAINING 13 ACRES; LOT 47 CONTAINING 13.54 ACRES; AND LOT 57 CONTAINING 14 ACRES; ALL OF SAID LOTS BEING IN ADDITION "F", TO THE CITY OF PADUCAH, AS SHOWN ON MAP OF THE CITY. FOR A MORE COMPLETE DESCRIPTION OF SAID LOTS, REFERENCE IS HEREBY MADE TO PLAT IN DEED BOOK "O", PAGE 230, McCRACKEN COUNTY COURT CLERK'S OFFICE. BEING THE SAME PROPERTY CONVEYED TO CITY OF PADUCAH, KENTUCKY, FOR BENEFIT AND USE OF PADUCAH WATER WORKS BY DEED DATED SEPTEMBER 27,199 1, OF RECORD IN DEED BOOK 763, PAGE 232, McCRACKEN COUNTY COURT CLERK'S OFFICE. TO HAVE AND TO HOLD the same, together with all improvements thereon and all rights and appurtenances thereunto pertaining unto Grantee, its successors and assigns. Grantor and Grantee hereby swear and affirm, under penalty of perjury, that the consideration recited herein is the full actual consideration paid or to be paid for the property transferred hereby. The Grantee joins this deed for the sole purpose of certifying the consideration. 3 --=tet= L L;.._ _i:_ i 785 IN WITNESS WHEREOF, the Grantor and Grantee have hereunto set their hands. GRANTOR: CITY OF PADUCAH, KENTUCKY, FOR BENEFIT AND USE OF PADUCAH WATER WORKS 0 Mayor William Paxton STATE OF KENTUCKY ) COUNTY OF McCRACKEN) GRANTEE: CITY OF PADUCAH, KENTUCKY, IM Mayor William Paxton The foregoing instrument was sworn and acknowledged before me this day of , 2007, by Mayor William Paxton of City of Paducah, Kentucky, for benefit and use of Paducah Water Works, a body politic and corporate, duly organized and existing under the laws of the Commonwealth of Kentucky, on behalf of the Commissioners of Paducah Water Works of the City of Paducah, Kentucky, Grantor. My commission expires: NOTARY PUBLIC, STATE AT LARGE STATE OF KENTUCKY ) COUNTY OF McCRACKEN) The foregoing instrument was sworn and acknowledged before me this day of , 2007, by Mayor William Paxton of City of Paducah, Kentucky, a body politic and corporate, duly organized and existing under the laws of the Commonwealth of Kentucky, on behalf of the City, Grantee. My commission expires: This instrument prepared by: DENTON & KEULER, LLP P.O. Box 929 Paducah, Kentucky 42002-0929 90799 NOTARY PUBLIC, STATE AT LARGE IH