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HomeMy WebLinkAbout12/18/09 CalledDECEMBER 18, 2009 12:00 P.M. At a Called Meeting of the Board of Commissioners, held on Friday, December 18, 2009, at 12:00 p.m., Mayor Paxton presided, and upon call of the roll by the City Clerk the following answered to their names: Commissioners Abraham, Gault, Kaler, Watkins, and Mayor Paxton (5). R & F CALLED MEETING NOTICES Commissioner Abraham offered motion, seconded by Commissioner Gault, that the f Notices of Called Meeting for 12:00 p.m., December 18, 2009, be received and filed. Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Kaler, Watkins and Mayor Paxton (5). ORDINANCE — EMERGENCY AUTHORIZING PAYMENT AND APPROVING THE FINAL SETTLEMENT OF MECHANICS LIENS FILED AGAINST EXECUTIVE INN Commissioner Gault offered motion, seconded by Commissioner Abraham, that the Board of Commissioners introduce and adopt an ordinance entitled, "AN ORDINANCE AUTHORIZING PAYMENT AND APPROVING THE FINAL SETTLEMENT OF MECHANIC'S LIENS FILED AGAINST THE EXECUTIVE INN." This ordinance is summarized as follows: This Ordinance authorizes the City of Paducah, Kentucky, ratifies and approves the settlement and payment of certain lien holders, who hold liens against the Executive Inn Hotel property, at a reduced amount of not more than fifty percent (50%) of the face amount of the aforesaid liens, provided, however, that such lien holders execute and deliver to the City a release and full waiver of lien as to the Executive Inn Hotel property in such form acceptable to Corporate Counsel. Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Kaler, Watkins and Mayor Paxton (5). ORD.#2009-12-7647; BK 32; PG Upon motion meeting adjourned. ADOPTED: January 12 , 2010 maw 5, t3,�,k City Clerk