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HomeMy WebLinkAbout2012-1-7896ORDINANCE NO. 2012-1-7896 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A SUBLEASE AGREEMENT BETWEEN SEAMEN'S CHURCH INSTITUTE OF NEW YORK AND NEW JERSEY, RIVER HERITAGE MUSEUM, INC., PADUCAH FILM SOCIETY AND THE CITY OF PADUCAH FOR LEASE OF PROPERTY LOCATED BETWEEN WATER STREET, MAIDEN ALLEY, KENTUCKY AVENUE AND BROADWAY BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby approves a Joint Sublease Agreement between Seamen's Church Institute of New York and New Jersey, River Heritage Museum, Inc., Paducah Film Society and the City of Paducah for sublease of real property located between Water Street, Maiden Alley, Kentucky Avenue and Broadway, for and in consideration of the terms, covenants and conditions set forth in said agreement. SECTION 2. That the Mayor is hereby authorized to execute the Joint Sublease Agreement approved in Section 1 above. Said Joint Sublease Agreement shall begin on the effective date of the Agreement and shall conclude on September 30, 2021, unless otherwise terminated as provided within the agreement. SECTION 3. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. SECTION 4. This City Commission hereby finds and determines that all formal actions relative to the adoption of this Ordinance were taken in an open meeting of this City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in meetings open to the public, in full compliance with applicable legal requirements. SECTION 5. All ordinances, resolutions, orders or parts thereof in conflict with the provisions of this Ordinance are, to the extent of such conflict, hereby repealed and the provisions of this Ordinance shall prevail and be given effect. SECTION 6. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: lamVm4ta- 6 &16 Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, January 10, 2012 Adopted by the Board of Commissioners, January 17, 2012 Recorded by Tammara S. Brock, City Clerk, January 17, 2012 Published by The Paducah Sun, January 21, 2012 \ord\lease-seamens church -river heritage-paducah film society