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HomeMy WebLinkAbout84-4-250761 ORDINANCE NO. 84-4-2507 --AN ORDINANCE AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT WITH JAKE BROWN AND ASSOCIATES, AS AUCTIONEER FOR THE PUBLIC AUCTION OF SURPLUS PERSONAL PROPERTY AND REAL ESTATE OWNED BY THE CITY OF PADUCAH DURING THE CALENDAR YEAR 1984 WHEREAS, the City of Paducah owns surplus personal property and real estate which are no,longer of value to the City for governmental purposes, and WHEREAS, Kentucky Revised Statutes allows the City to dispose of excess property by means of,a public auction, and WHEREAS, Jake Brown and Associates have submitted a proposal to the City for auctioning said surplus personal property and real estate. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor be, and he is hereby, authorized to enter into a contract with Jake Brown and Associates to act as auctioneer for the City of Paducah to sell surplus personal property and real estate, to be designated by the Board of Commissioners, during the calendar year 1984. Services are to include: furnishing all necessary personnel to conduct auctions, and to provide necessary storage facilities at no charge. SECTION 2. The City Treasurer is hereby authorized to pay Jake Brown and Associates a fee for their services computed as follows: 1. A commission of 10% on all vehicles, equipment and other personal property, with no reimbursement for advertising; 2. A commission of 7% on all real estate, plus reimbursement of actual cost incurred for advertising; 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 9, 1984 Passed by the Board of Commissioners April 24, 1984 Recorded by Louise McKinney, City Clerk, April 24, 1984 Published by The Paducah Sun.�j �Ci',