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HomeMy WebLinkAbout83-3-2363557 ORDINANCE NO. 83-3-2363 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A LEASE WITH THE LAMAR CORPORATION, FOR A PORTION OF THE STREET RIGHT OF WAY ON WAYNE SULLIVAN DRIVE WHEREAS, The Lamar Corporation would like to install a single face poster panel advertising sign on Wayne Sullivan Drive at the end of Fourth Street, and WHEREAS, it is the desire of the Board of Commissioners to grant such lease, for a period of -ten years, at an annual rental of $200.00; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1.- That the Mayor be authorized to execute a Lease with The Lamar -Corporation for a period of ten years, at an annual rental of $200.00; said -agreement is attached hereto and made a part hereof, as if fully set'out herein. SECTION=. 2: -- This 'ordinance shall be read on two separate days and will be -effective upon publication of tit=le and a certified copy thereof. JOHN K. PENRO.D Mayor Introduced by the Board of Commissioners February 22, 1983 Passed by the Board of Commissioners March 8, 1983 Recorded by Louise McKinney, City Clerk, March 8, 1983 Published by The Paducah Sun March 15, 1983.