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HomeMy WebLinkAboutOrdinances Book 10, Page 905, No Ordinance Number905 AN ORDINANCE AUTHORIZING THE .SALE TO IN. P. XRO :11'1:::; A LOT AT TLE CORNER OC 9`1'11 A.TD -I!J :i.A:! STREETS; AND ALSO 'ME :;ALL ME DLXON OF LOT 4 ITd PLOC,: 7 ::IW3T[R ET BET11KEN OLIVE A1,11.) GREEN S'1"i SETS; A:TD AUTHORIZING THL 1:,1.1013, AND CITY CLERK TO E:MCUTE PROPER IAT3TRTJi:7,rNTS OF CONVEYANCE TO SAID PROPERTY BE IT ORDAINED BY THE L-OARD OF C01, 11I331OUCRS OF THE CITY OF PADUCAH, KEUTUC Kf: SECTION 1. That the City of Paducah accept the offer of N.F.Scr in the stun of •;;50.00 for the purchase'of a lot 40xlO2 feet at the corner of 9th and bachman :3treets, the sum of %,25.00 to be paid in cash and the balance in the sum of .,25.CO to be paid under a Contract of :-'ale whercin said city 6111 agree and oblir-ate itself to convey said property upon the payrient of said balance in five (5 �monthly installments in the sum of .,;5.00 each, toF;ether viith intere t on said balance at the rate of 6 per annum until paid; and also that the City of Paducah accept the offer of Fuie Dixon in the sum of ..;50.00 for the purchase of Lot 1io. 4 in block No. 7 on TvIurray Street between Olive and Green Streets, the sum of }'20.00 to be paid in cash and the balance in the sum of };30.00 to be paid under a Contract of Sale wherein said city will agree and obli-"ate itself to convey said property upon the payment of said balance in six (6) monthly installments in the sum of •;5.00 each, t.o-ether with interest on said balance at the rate of 6 per annum until paid. And the Mayor and City Cler'•: are hereby authorized to execute a contract for the sale of said property upon the aforesaid terms and subject to such fnrtther terms, con- ditions and. covenants as may be required by the City iianager. SECTION 2. This ordinance shall be in full force and effect from and after its adopyion. 22�._ . z-- � Idayor , J, --— Passed by the, -,card of Commissioners, Oct. 12, 1943 Recorded by Rudy teviart, City Clerk, Oct. 13, 1943.