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HomeMy WebLinkAboutOrdinances Book 10, Page 974, No Ordinance Number974 Y AN ORDINANCE AUTHORIZING THE SALE TO DAVE KELLEY OF LOT 27 IN BLOCK 12 AT THE NORTiIVIEST COR14ER OF 16TH AND CLAY STREETS IN THE CITY OF PADUCAH, KENTUCKY, AMD AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE PROPER INSTRUMENTS OF (L'NVEYANCE TO SAID PROPERTY BE IT ORDAINED BY THE BOARD OF COWAISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SEC TION 1. That the City of Paducah accept the offer of Dave Kelley in the sum of 4?275.00 for the purchase of Lot 27 in Block 12, located at the Northwest corner of 16th & Clay Streets, $240.00 to be paid in cash and the balance in the sum of 5;35.00 to be paid under a Contract of Sale wherein said City will agree and obligate itself to convey said property upon the payment of said balance in two (2) monthly installments in the sum of •17.50 each, with interest on said balance at the rate of 6% per annum until paid. And the Mayor and City Clerk are hereby authorized to execute contract for the sale of said property upon the aofresaid terms and subject to such further terms, conditions and covenants as may be required by the City Manager. SECTION 2. This ordinance shall be in full force and effect from and after its adoption. Passed by the Board of Commissioners, March 21, 1944 Recorded by Rudy Stewart, City Clerk, March 21, 1944.