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HomeMy WebLinkAboutMO # 729MUNICIPAL ORDER NO. 7Z A MUNICIPAL ORDER DIRECTING THE CITY MANAGER TO DISPOSE OF PDC 554 DECK BARGE BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Board of Commissioners of the City of Paducah hereby directs C, the City Manager to dispose as surplus property the PDC 554 Deck Barge and to return to TVA the leased barge. SECTION 2. This is to be done in compliance with all legal requirements for the disposal of surplus property. Also, the City is to recoup all costs related to the barge acquistion of PDC 554 or as close to total cost as possible. Thus, the City should retain the right to reject any and or all bids. SECTION 3. The lease on the barge owned by TVA should be terminated in compliance with terms of the lease. SECTION 4. If it is determined that leasing the above referenced barges to third parties is in the City's best interests verses selling and terminating the lease such option should be submitted to the Commission for consideration. SECTION 5. This action should be completed within 90 days or earlier upon adoption of this order. SECTION 6. This Municipal Order shall be in full force and effect from and after the date of its adoption. ATTEST: �4enit Smith,ty Clerk Adopted by the Board of Commissioners May 28, 1996 Recorded by Lenita Smith, City Clerk, May 28, 1996 F'l 162