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HomeMy WebLinkAbout76-8-1308222, ORDINANCE NO. 76-8-1308 AN ORDINANCE ACCEPTING THE OFFER OF PADUCAH McCRACKEN RIVERPORT AUTHORITY, CITY HALL, PADUCAH, KENTUCKY, TO PURCHASE THE INTEREST OF THE CITY OF PADUCAH IN THE LOT ON MEYERS STREET FOR THE SUM OF $1.00, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A QUITCLAIM DEED BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the offer of Paducah McCracken Riverport Authority in the amount of $1.00 actual cost to purchase the interest of the City in the following described land, be accepted, said land being described as follows: A part of the land conveyed to U . S . Realty Company . by deed .recorded in Deed Book 89, page 283, fronting 82.5 feet,. on the south side of Meyers Street between Woodward Street and Locust Drive, about 254 feet deep, and as shown on page 22 of Block Map Book 6 in the office of the City Engineer . Being the same land (U . S . Realty Company) conveyed to the City of .Paducah by Benjamin C . -LeRoy, City Treasurer, by deed dated July 29, 1976:, and of record in 1Deed Book 584, page 790 in the McCracken. County Court Clerk's office . SECTION 2. Upon payment of the sum of $1.00 to the City Treasurer, the Mayor. and City Clerk are hereby authorized and directed to convey to Paducah McCracken Riverport Authority all of the right, title and interest of the City in the property described in Section 1 hereof, and said deed of conveyance shall be quitclaim only, .shall contain no warranty as_ to, title. and shall be subject to any state of fact that might be shown by an accurate survey . SECTION 3.. This ordinance shall be in full force and effect from and after the date of its adoption . ~~ Mayor Passed by the Board of Commissioners August 10, 1976 Recorded by Sarah Thurman, City Clerk, August 10, 1976.