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HomeMy WebLinkAbout2007-6-7290305 ORDINANCE NO. 2007-6-7290 AN ORDINANCE APPROVING THE PURCHASE OF PROPERTY LOCATED AT 402 NORTH SEVENTH STREET AND PROVIDING AUTHORITY TO THE MAYOR TO EXECUTE ON BEHALF OF THE CITY A DEED OF 1 CONVEYANCE AND OTHER DOCUMENTS NECESSARY FOR SAID ACQUISTION BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby approves the purchase of real property located at 402 North Seventh Street in the amount of $68,000, to be used for arts related events and to serve as an information center for the Lower Town Arts Center and Downtown Partnership. SECTION 2. That the Mayor, on behalf of the City of Paducah, Kentucky, is hereby authorized to execute a Deed of Conveyance between Western Kentucky Community Development, Inc., and the City of Paducah, Kentucky, and any other documents necessary for the purchase of property located at 402 North Seventh Street. SECTION 3. The expenditure shall be charged to the Texaco Project account number DT0021. SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: jzrnmtato Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 12, 2007 Adopted by the Board of Commissioners, June 26, 2007 Recorded by Tammara S. Brock, City Clerk, June 26, 2007 Published by The Paducah Sun, July 2, 2007 \ord\property-402 N 7t' (Texaco Station)