HomeMy WebLinkAboutOrdinances Book 14, Page 719, No Ordinance NumberAN ORDINANCE AUTHORIZING THE SALE TO THE MARQUETTE CEMENT
MANUFACTURING COMPANY, AN ILLINOIS CORPORATION, WITH PRINCIPAL OFFICES
IN CHICAGO, ILLINOIS, OF CERTAIN PROPERTY ON MEYERS STREET OWNED
BY THE CITY OF PADUCAH, SETTING FORTH THE TERMS AND CONDITIONS OF
SUCH SALE, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A
DEED OF CONVEYANCE THERETO
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the sale to the Marquette Cement Manufacturing
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Company, an Illinois Corporation with principal offices in Chicago, Illinois,
for the sum of $17,368.80, of certain property of the City on Meyers Street,
and described hereinafter, be authorized under the terms and conditions
hereinafter set out.
SECTION 2. The description of the property mentioned in
Section 1 hereof is as follows:
Situated in the City of Paducah, County of McCracken
and State of Kentucky, and beginning at a point in the
northerly right-of-way line of Meyers Street,: said point
being 28 feet at right angles to Meyers Street from the
point where the center line of Clements Street intersects
the center line of Meyers Street; thence in a southeasterly
direction with the northerly line of Meyers Street 30 feet
to a stake; thence at right angles and in a southwesterly
direction 5.5 feet to a stake; thence at right angles and
in a southeasterly direction and with the northerly line of
Meyers Street 110 feet to a stake; thence at right angles
and in a northeasterly direction 395 feet more or less to
the low water mark in the Tennessee River; thance in a
northwesterly direction or downstream with the meanders
of said low water mark to a point in said low water
mark where a line perpendicular with the northerly line
of Meyers Street would intersect the beginning point;
thence in a southwesterly direction on a line perpendic-
ular to Meyers Street 420 feet more or less to the point
of beginning.
Also a perpetual easement for the construction, maintenance and
operation of a railroad spur track over certain adjacent lands of the
City described as follows:
Beginning at a point on the North right of way line of
Meyers Street, said beginning point being Easterly
140.00 feet, as measured along the center line of said
Meyers Street and Northerly 24.5 feet as measured square
to said center line, from the intersection of the center
line of said Meyers Street with the center line of Clements
Street; thence, northerly, square to the North right of way
line of said Meyers Street, 15.00 feet; thence at an interior
angle of 78' 411 24" and in an Easterly direction 76.49 feet
to said North right of way line of Meyers Street; thence,
with said North right of way line and in a Westerly direc-
tion 75.00 feet to the point of beginning.
Subject, however, to the following conditions and reservations
1. The building and the radio mast and flag pole situated
upon the above described land are to remain the property of the City
of Paducah, and the City shall have ninety (90) days from the payment
of the purchase price in which to remove said building and mast.
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2. A perpetual easement is reserved over a strip of land fifteen
(15) feet wide across the north end of the above described property, said
strip extending from Meyers Street to the low water mark in the Tennessee
River for the maintenance and operation of a storm sewer, and no use
shall be made of such strip of land that will conflict or interfere
with such purposes.
3. A perpetual easement is reserved over a strip of land fifty
(50) feet in width running from the north boundary line of said land to the
south boundary line thereof for the construction, operation and maintenance
of flood protection works, including but not limited to a floodwall, and
no use shall be made of such land that will conflict or interfere with
such purposes; such strip being as described in a deed of record in
Deed Book 390, page 221 in the McCracken County Court Clerk's office.
4. There is reserved for street and other public thoroughfare
purposes only a strip of land 5.5 feet in width and 110 feet long off
of the west side of the above described land and beginning 30 feet south
of the north boundary line of said land and extending southwardly to
the south boundary line thereof.
5. The sale of said land is made subject to (a) the easement
or rights of the Chicago, St. Louis & New Orleans Railroad Company
as set out in Deed Book 68, page 464 in the aforesaid Clerk's office,
and (b) the easement retained by the United States of America of
record in Deed Book 390, page 221 in the aforesaid Clerk's office.
The City of Paducah acquired title to the above described land
on November 4, 1957, from United States of America by a deed of record
in aforesaid Deed Book 390, page 221 in the aforesaid Clerk's office.
SECTION 3. Upon payment of the aforesaid purchase price of
$17,36$.80, the Mayor and City Clerk are hereby authorized, on behalf
of the City of Paducah, to execute to the Marquette Cement Manufacturing
Company a deed of conveyance conveying to it the land described in
Section 2 hereof, subject to the conditions and reservations recited
herein; and said deed of conveyance shall contain no warranty of title
and shall be subject to any state of facts that might be revealed by an
accurate survey.
SECTION 4. This ordinance shall be in full force and effect
from and after its adoption.
Mayor
Passed by the Board of Commissioners May 22, 1962
Recorded by Sarah Thurman, City Clerk, May 22, 1962.