HomeMy WebLinkAboutLease-Dntwn Paducah Kiwanis 1052
A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE
A LEASE BY AND BETWEEN THE DOWNTOWN PADUCAH KIWANIS CLUB AND THE
CITY OF PADUCAH, KENTUCKY, FOR CERTAIN PROPERTY ON BROADWAY FOR
RECREATIONAL `USE
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the Mayor and City Clerk of the" City of Paducah,
Kentucky, be, and they are hereby, authorized and directed to execute a lease
between the Downtown Paducah Kiwanis Club and the City of Paducah, Kentucky, in
words and figures as follows:
"THIS LEASE made and entered into on the day of December, 1978
between the bOWNTOWN 'PAD'
PADU KIWANIS CLUB of Paducah, Kentucky, a Corpo-
ration party of the first part and the CITY OF PADUCAH, KENTUCKY, party of the
second part,
W IT N E S S E T H
"THAT the party of the first part does' hereby lease to party of the
second part its' property, premises and facilities on the north side of
Broadway between 17th Street and` 19th Street, and being the same property con-
veyed to party of the 'first part by 'THE CITY OF PADUCAH, KENTUCKY, on
June 17, 1947 by deed of record in Deed Book 429, page 492 in the McCracken
County Court Clerk' s Office
"The term of said Lease shall be five (5) years from the day of
December, 1978 and party of the second part is to pay to party of the first part
part the sum of One Dollar ($1. 00) per year as rental for said period; said sum
payable in advance.
"Said premises are to be occupied and used only for recreational activities
by the CITY OF PADUCAH, KENTUCKY.
"The party of the second part is to pay all utilities, 'procure sufficient
public liability insurance, fire and other casualty insurance with the first party
as named beneficiary; will continue normal maintenance, and will make no alter-
ations to the .building without the approval of party of the first part, and shall
take good care of said premises and return the same in as good condition as it
now is when received by the party of the second part, ordinary wear and tear
and accidents by fire or other casualty excepted.
"IN TESTIMONY WHEREOF, the parties hereto have hereunto set their
hands on this the day and year first above written.
1053
DOWNTOWN PADUCAH KIWANIS CLUB
A ,Kentucky Corporation
By
President
ATTEST:
Secretary
Mayor
ATTEST:
City Clerk"
SECTION 2. This Resolution shall be in full force and effect from and
after its adoption.
Mayor
Passed by the Board of Commissioners December 12, 1978
Recorded by Louise McKinney, City Clerk, December 12, 1978.