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HomeMy WebLinkAboutOrdinances Book 14, Page 25, No Ordinance Number• AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF PADUCAH, IENTUCKY, TO EXECUTE A LEASE BE7VIEEN THE CITY AND THE ILLINOIS CENTRAL RAILROAD C014PADIY FOR A PORTION OF GROUND OCCUPIED AND USED BY THE CITY AS A PART OF BARKLEY PARK WHEREAS, Barkley Park in the City of Paducah, Kentucky adjoins certain property of the Illinois Qentral Railroad Company,:and 111HEREAS, it appears that a certain portion of said park as now used constitutes an encroachment upon the property of the Illinois Central Railroad Company; and WHEREAS, the Illinois Central Railroad Compsny is willing to lease such portion to the City for five (5) years for a rental of ...1.00 per year, payment acknowledged. NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF COD]MISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor of the City of Paducah, Kentucky, be, and he is hereby, authorized to execute on behalf of the City a lease from Illinois Central Railroad Company, whereby said Company agrees to lease tb the City for a five (5) year period, beginning March 18, 1959, certain of its property now being used by the City as a part of Barkley Park; said lease to providd for a rental charge of .31.00 per year, payment of which to be acknowledged by the Illinois Central Railroad Company. SECTION 2. This ordinance shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners I•Iarch 10, 1959 Recorded by Sarah Thurman, City Clerk, !'!arch 10, 1959. 25