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HomeMy WebLinkAboutOrdinances Book 10, Page 901, No Ordinance Number;901 ilz AN ORDINANCE AUMORI'LING Tilei SALE TO OTTO .LLAY OF LCIS NOS 19, 20, 21, 22 and 23 11.1 2LOCK ITO. 2 Oli' WILLI;:'3 ADDITION TO ...['' CITY OF PADUCAII; AND ALSO WE SALE TO LES'TER GAINES OP' LO7'3 NOS 57, 53, 59 and GO 0I.1 :^i00D'ARD AVSiIUE III .,,sID CITi; ARD AUTHORIZE;!' '^"I '.'j OR <: TD CIT. CLORK TO . ♦CECUTE P;(OiER I'IS'I'IIUT.I311Tj Oil l',.-i'� i ,.. TO :;AID PROPT.,RTY BE IT ORDAI'13D 2:1 TLE iiOARD 0 r:0.T1L.;_0-..- 0:' 'Phi CI!'t OF PADUCAH, :{E,MTUC::Y: SECTION 1. That Lhe City of Paducah accent the offer of Otto E1ay in' the sum of ,,:250.00 for the purchase of Lots Iios 19, 20, 21, 2.2 and 23 in clock Ido. 2 of 3orn12n 7: ':Jilliams Addition to the City of Paducah, Kentucky, said lots bein; located on 9th Street bet:cen husbands and _achman Streets, ,50.00 to be paid in cash and the balance in the sum of ;;2.00.00 to be paid under a Contract of Sale wherein said City ;'rill aSree and obligate itself to convey said property upon the payment of sand balance in thirteen (13) monthly installments in the sum of .,;15.00 each and one (1) install- ment in the sum of ..e5.00 due and payable on I(ovember 29th, 1944, together .:ith interest- on said balance at the rate of 6 per annLun', until paid; that the City of Paducah also an(,.ept the offer of Lester ;aih6s in the sum of ,.100.00 for the purchase of Lots Nos. 57, 5 59 and 60 on ­)odward Avenue in the City of Paducah, Iiy., the sum of .0 0.00 to be paid in cash and the balance in the sum of ;;60.00 to be paid under a Contract of Sale wherein said city will afree and obligate itself to convey said property upon the payment of said balance in six (6) monthly installments in the sum of ;10.00 each, trith interest on said balance at the rate of 66 per annum until paid. And the I,4ayor and City Clerk are hereby authorized tp execute contracts for the sale of said property upon the aforesaid terms and subject to such further teems, conditions and covenants as may be required by the City tanager. � SECTION 2. This ordinance shall be in full force and effect from aLd after its adoption. I^tyor Passed by the Board of Com:niss once .r . _:•t :iLc ' ,'c;, 1S;'.13 "ecorded by Rudy stewart, city rlcr,,, 3entoribe1, ?9, 1943.