HomeMy WebLinkAbout2003-12-6733621
ORDINANCE NO. 2003-12-6733
AN ORDINANCE AUTHORIZING THE MAYOR TO
EXECUTE AN ANNEXATION AGREEMENT WITH CHD
GROUP, LCC
WHEREAS, CHD Group, LLC (hereinafter the "Developer") is the owner of a tract
of property located in an unincorporated area of McCracken County, Kentucky, which is contiguous to
the corporate boundaries of the City, which real property is presently being developed by Developer as
a subdivision for residential purposes (hereinafter referred to as "Developer's Development"); and
WHEREAS, it would be beneficial to the Developer and Developer's Development,
and the successor owners of property located in Developer's Development, to obtain municipal services
from the City; and
WHEREAS, it would be beneficial to the City to annex Developer's Development
into the City, which annexation would promote the growth of the City and its tax base; and
WHEREAS, the Developer is desirous of entering into an annexation agreement with
the City, which annexation agreement would provide for the annexation of Developer's Development
into the City of Paducah, Kentucky, and would further provide to Developer a defined reimbursement
of Developer's costs with regard to Developer's construction of public infrastructure and improvements
which are necessary for the provision of municipal services.
` NOW, BE IT ORDAINED, by the City of Paducah, Kentucky, as follows:
Section 1. The City Commission does hereby approve the annexation agreement to be
executed by and between the City of Paducah and CHD Group, LLC. The Mayor of the City of
Paducah, Kentucky, is hereby authorized to execute the annexation agreement for and in behalf of the
City of Paducah, Kentucky.
Section 2. This Ordinance shall be read on two separate dates and will become
effective upon summary publication pursuant
Bill Paxton, Mayor
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Tammara S. Brock, City Clerk
Introduced by the Board of Commissioners, November 25, 2003
—' Adopted by the Board of Commissioners, December 9, 2003
Recorded by Tammara S. Brock, City Clerk, December 9, 2003
Published by The Paducah Sun, December 16, 2003
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\ord\plan\agreement-annexation (The Grove)