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HomeMy WebLinkAboutOrdinances Book 15, Page 1045, No Resolution Number1045 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE BY AND BETWEEN THE DOWNTOWN PADUCAH KIWANIS CLUB AND THE CITY OF PADUCAH, KENTUCKY, FOR CERTAIN PROPERTY ON BROADWAY FOR RECREATIONAL USE BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor and City Clerk of the City of Paducah, Kentucky, be, and they are hereby, authorized and directed to execute a lease between the Downtown Paducah Kiwanis Club and the City of Paducah, Kentucky, in words and figures as follows: "THIS LEASE made and entered into on this the day of September, 1966 between the DOWNTOWN PADUCAH KIWANIS CLUB OF Paducah, Kentucky, a Corporation, party of the first part and the CITY OF PADUCAH, KENTUCKY, party of the second part, W I T N E S S E T H: "THAT the party of the first part does hereby lease to partv of the second part its property, premises and facilities situated on the north side of Broadway between 17th Street and 19th Street, and being the same property conveyed to party of the first part by THE CITY OF PADUCAH, KENTUCKY, on June 17, 1947 by deed of record in Deed Book 429, page 492 in the McCracken County Court Clerk's office. "The term of said Lease shall be five (5) years from the 13th day of September, 1966 and party of the second part is to pay to party of the first part the sum of One Dollar ($1.00) per year as rental for said period. "Said premises are to be occupied and used only for recrea- tional activities by the CITY OF PADUCAH, KENTUCKY. "The party of the second part is to pay all utilities, procure sufficient public liability insurance, fire and other casualty insurance with the first party as named beneficiary; will continue normal maintenance, and will make no alterations to the building without the approval of the party of the first part, and shall take good care of said premises and return the same in as good condition as it now is when received by the party of the second part, ordinary wear and tear and accidents by fire or other casualty excepted. "IN TESTIMONY WHEREOF, the parties hereto have hereunto set their hands on this the day and year first above written. 1046 ATTEST: ATTEST: DOWNTOWN PADUCAH KIWANIS CLUB A Kentucky Corporation By President ecretary Mayor City Cler " SECTION 2. This Resolution shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners September 13, 1966 Recorded by Sarah Thurman, City Clerk, September 13, 1966.