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HomeMy WebLinkAbout2016-05-8366195862 ORDINANCE NO. 2016-5-8366 AN ORDINANCE AUTHORIZING AND APPROVING THE SALE OF SURPLUS MUNICIPALLY OWNED REAL PROPERTY AND IMPROVEMENTS LOCATED AT 619 6TH STREET, PADUCAH, MCCRACKEN COUNTY, KENTUCKY, FOR PURPOSES OF PROMOTING TOURISM AND ECONOMIC DEVELOPMENT WHEREAS, the City of Paducah ("City") is the present owner of certain surplus real property located at 619 6th Street, Paducah, McCracken County, Kentucky, more particularly described on the attached Exhibit A, upon which property there is situated a 37,800 square foot dome pavilion with appurtenant fixtures and equipment (collectively, the "Property"); and WHEREAS, City has determined that the Property is no longer necessary, appropriate, or in the best interest of the operations of the City and that the Property should be declared surplus; and WHEREAS, City has determined that it is in the best interest of the City and its citizens to transfer the Property to the Paducah McCracken County Convention Center Corporation (the "CCC"), a non-profit Kentucky corporation and a quasi -governmental entity or agency of the City and McCracken County, whose purpose is the planning, promotion, development, financing and acquisition of convention and trade show facilities, and related hotel facilities, facilities for exhibitions and trade shows, and related parking facilities for the public purpose of promoting tourism and economic development on behalf of the City and McCracken County. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. Recitals and Authorizations. The Board of Commissioners hereby declares the Property to be surplus property as it relates to the operations of the City. Further, the Board of Commissioners hereby approves the sale and transfer of the Property to the Paducah McCracken County Convention Center Corporation, for a purchase price in the amount of $1.00 and its commitment to further the public purpose of promoting tourism and economic development on behalf of the City and McCracken County. That the Mayor of the City of Paducah, Kentucky, be and is hereby authorized to execute and deliver a Special Warranty Deed and Bill of Sale for the Property thereon, together with all other documentation necessary to effectuate the sale and transfer of the Property. SECTION 2. Severability. If any section, paragraph or provision of this Municipal Order 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 3. Compliance With Open Meetings. The 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 532 -77-7 T, 777:777-1r7­7777T7PT-, J, 1n"+ , " '- , ,.,r _.... I Il_�, n,. . • i�.. --moi -L Lam. , . - I ... 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 4. Conflicts. 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 5. Effective Date. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. -1 , i7 ATTEST: Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners May 10, 2016 Adopted by the Board of Commissioners May 17, 2016 Recorded by Tammara S. Sanderson, City Clerk, Mfty 17, 2016 Published by The Paducah Sun, May 19, 2016 \ord\deed-prop transfer of dome to Convention Center Corp 533 EXHIBIT A TO ORDINANCE THE PROPERTY BEING TRACT A, CONTAINING OF 4.831 ACRES, AS SET FORTH ON THE WAIVER OF SUBDIVISION PLAT FOR P & L RAILWAY 619 6TH STREET PROPERTY, OF RECORD IN PLAT SECTION "M", PAGE 318, MCCRACKEN COUNTY COURT CLERK'S OFFICE, AS SURVEYED BY CIVIL DESIGN GROUP, INC., A. CLAY ROBINSON, PLS 3219 ON NOVEMBER 8, 2009. BEING THE SAME PROPERTY CONVEYED TO CITY OF PADUCAH, KENTUCKY, A MUNICIPAL CORPORATION OF THE HOME RULE CLASS EXISTING UNDER THE LAWS OF THE COMMONWEALTH OF KENTUCKY, AND A BODY POLITIC AND CORPORATE, BY SPECIAL WARRANTY DEED DATED DECEMBER 18, 2015, OF RECORD IN DEED BOOK 1313, PAGE 634, MCCRACKEN COUNTY COURT CLERK'S OFFICE. 534 -:-q. -- r , . _. _. .._