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ORDINANCE NO. 85-5-2679
AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO ENTER
INTO A LEASE AND COVENANT WITH PEOPLES FIRST NATIONAL BANK AND TRUST COMPANY, FOR
LEASE OF CERTAIN CITY PROPERTY LOCATED BETWEEN 400 KENTUCKY AVENUE AND 118 SOUTH 4TH
STREET, IN THE CITY OF PADUCAH, KENTUCKY
BE IT ORDAINED. BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the..Mayor and City Clerk be, and they are hereby,
authorized and directed to enter into:a_,Lease and Covenant with Peoples First
National Bank and Trust Company, for lease 'of certain city right-of=way'located
between 400=Kentucky Avenue and 118 South 4th Street, for a term of twenty-five (25)
years, and for the consideration of One Dollar ($1.00) per annum.""
SECTION 2. The aforesaid Lease and Covenant is attached hereto and by
reference incorporated herein, and all terms and provisions thereof are -_.approved.
SECTION 3. This ordinance shall be read on two separate days and will be
effective upon publication of title and a certified summary thereof.
JOE VITERISI
Mayor
Introduced by the Board of Commissioners April 23, 1985
Passed by the Board of Commissioners May 14, 1985
Recorded by Lenita Smith, City Clerk, May 14, 1985
Published by The Paducah Sun May 20, 1985.