HomeMy WebLinkAboutOrdinances Book 16, Page 625, No Resolution Number625 i
A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE
TO TOC MARINE SERVICE, INC. A LEASE TO CERTAIN LAND BORDERING ON THE
BANK OF THE TENNESSEE RIVER
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 on behalf of the City, a lease to TOC Marine Service,
Inc., in words and figures as follows:
"THIS LEASE made and entered into on this the day of
June, 1968, by and between the CITY OF PADUCAH, KENTUCKY,
a municipal corporation of the second class, hereinafter called
LESSOR, and TOC MARINE SERVICE, INC., a corporation duly organized
and existing under the laws of the Commonwealth of Kentucky,
hereinafter called LESSEE,
W I T N E S S E T H:
"THAT for and in consideration of the payment of the rents
and the performance of the covenants contained on the part of
the Lessee, said Lessor does hereby demise and let unto the
Lessee certain property owned by the Lessor bordering on the
bank of the Tennessee River for the purpose of tying and securing
barges and other river vessels for the purpose of storage or
repair and loading and unloading, said strip being more
particularly described as follows:
The bank of the Tennessee River on a tract of land
fronting more than 1,000 feet on said river and
extending between property -owned by M & M Leasing
Corporation and property of Shell Oil Company and
lying just outside the floodwall at Paducah, Kentucky,
at the flood control office for the City of Paducah
near Fourth and Meyers Streets, together with all
rights extending out into Tennessee River.
"This lease for a tenancy from month to month commencing
on the 1st day of July, 1968, and at a monthly rental of One
Hundred Fifty Dollars ($150.00) per month, payable in advance
on the first day of each and every month.
"It is further mutually agreed between the parties as follows:
(1) The Lessee shall have the right of ingress and egress
over the property of the City of Paducah for access to and from
00
the demised premises.
(2) The Lessee shall have the use of one metal building on
property of the Lessor which building lies on the outside of the floodwall.
(3) Lessee may use property of the Lessor for parking facilities
for its employees and business invitees and guests. Parking shall be
outside the city floodwall except at such times when flood waters are at
an elevation which require closing the flood gates.
(4) Lessee shall not violate any city ordinance or state laws
in or about said premises.
(5) Lessee shall not sublet the demised premises or any
part thereof or assign this agreement without the Lessor's written
consent.
(6) Any failure by Lessee to pay rent or other charges
rpomptly when due or to comply with any other terms or conditions
hereof shall, at the option of the Lessor, forthwith terminate
this tenancy.
(7) Lessee shall keep and maintain the premises in clean
and sanitary condition at all times and on the termination of the
tenancy shall render the premises to the Lessor in as good condition
as when received, ordinary wear and tear and damage by the elements
or act of God excepted.
(S) Lessee hereby agrees to provide and keep in full force
and effect public liability insurance by some good and solvent company
licensed to do business in the City of Paducah, Kentucky, to protect
the City from all claims of persons for personal injury or death,
and for damage of property in the following amounts:
$100,000 for personal injury or death to any one person;
$300,000 for personal injury or death to more than one
person resulting from the same accident;
$ 50,000 for damage to property in any one accident.
(9) This agreement and the tenancy hereby granted, may be
terminated at any time by either party hereto by giving to the
other party not less than six (6) months prior notice in writing.
It is tie intention of the parties hereto that although the tenancy
hereby created shall be on a month to month basis, that there be a
minimum of six (6) months for cancellation.
626
6
"IN WITNESS WHEREOF, the parties hereto have executed this
agreement in duplicate on the day and date first above written."
SECTION 2. This Resolution shall be in full force and effect from
and after its adoption.
Alice H. McNutt, Mayor Protem
o-
:tilc 1.C:
Thomas E. Lambert',~ Commissioner
Rev. W. G. Harvey, Comffiissioner
Passed by the Board of Commissioners June 11, 1968
Recorded by Sarah Thurman, City Clerk, June 11, 1968