HomeMy WebLinkAboutOrdinances Book 12, Page 509, No Ordinance Number50�
AN ORDINANCE ACCEPTING THE BID OF M. D. McCAULEY FOR THE PURCHASE OF
LOT NO. 2 IN THE RUSHING ADDITION TO THE CITY OF PADUCAH; AUTHORIZING THE MAYOR,
WHOSE SIGNATURE SHALL BE ATTESTED BY THE CITY CLERK, TO EXECUTE FOR AND ON BEHALF
OF THE CITY OF PADUCAH A DEED OF CONVEYANCE TO SAID PROPERTY WHEN THE PURCHASE
PRICE HAS BEEN PAID IN THE SU14 OF $200.00; AND PRESCRIBING THE TERMS AND CONDITION
UNDER WHICH SAID PROPERTY SHALL BE CONVEYED,
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH,
KENTUCKY:
SECTION 1. That the City of Paducah accept the offer of M. D. McCauley
in the sum of $200.00 for the purchase of a lot on the west side of North
Fourteenth Street, known as Lot No. 2 in the Rushing Additioh to the City
of Paducah.
SECTION 2. The purchase price for the aforesaid property shall be paid I
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according to the offer of said M. D. McCauley as follows: $150.00 cash down
and the balance in three monthly installments, the first installment being in
the amount of $15.00 due on September 28, 1951; the second installment being
in the amount of $15.00 due October 28, 1951; and the final installment being
in the amount of $20.00 due November 28, 1951. Said purchaser may pay any or
all of said installments before the due date thereof and upon his paying the
full amount of the purchase price the Mayor of the City of Paducah, whose sig-
nature shall be attested by the City Clerk, is hereby authorized and empowered
for and on behalf of said city, to execute and deliver to said M. D. McCauley
a deed of conveyance to the above described property. Said property shall be con-
veyed with covenant of Special Warranty, and subject to any encroachments or other
physical conditions which an accurate survey would show and the grantee will bw
required to pay all taxes which shall become due in the year 1952.
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SECTION 3. This ordinance shall be in full force and effect from and after
its adoption. j
Passed by the Board of Commissioners August 28, 1951
Recorded by Sarah Thurman, City Clerk, August 28, 1951.