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HomeMy WebLinkAbout2003-6-6654510 ORDINANCE NO. 2003-6-6654 AN ORDINANCE ACCEPTING THE TRANSFER OF REAL ESTATE LOCATED AT 401 KENTUCKY AVENUE, FROM UNION PLANTERS BANK, N.A, AND AUTHORIZING THE TRANSFER OF SAID REAL ESTATE TO THE CITY OF PADUCAH BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The City of Paducah hereby accepts the transfer of real estate located at 401 Kentucky Avenue, and being more particularly described as follows: BEING THE PROPERTY SITUATED AT THE NORTHWEST INTERSECTION OF KENTUCKY AVENUE AND SOUTH 4' STREET, PADUCAH, KENTUCKY AND SHOWN AS PARCEL "B" ON THE PLAT OF SUBDIVISION OF UNION PLANTERS BANK PROPERTY RECORDED IN PLAT SECTION "L", PAGE , McCRACKEN COUNTY CLERK'S OFFICE. Being in all respects the same property conveyed to Peoples First National Bank & Trust Company by Deed dated July 12, 1966, of record in Deed Book 479, Page 280, and by Deed dated June 30, 1975, of record in Deed Book 572, Page 631, McCracken County Clerk's Office. GRANTOR RETAINS THE RIGHT OF INGRESS AND EGRESS ACROSS THE PARKING LOT LOCATED ON THE ABOVE REFERENCED PROPERTY TO ACCESS THE PARKING LOT OWNED BY IT WEST OF AND ADJACENT TO THE PROPERTY CONVEYED HEREIN. SAID EASEMENT IS SHOWN AS THE HATCHED AREA ON THE ABOVE - REFERENCED PLAT. SECTION 2. The Mayor is hereby authorized to execute any and all documents necessary to accomplish the purpose of transferring the above-described real estate to the City of Paducah. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KIS Chapter 424. 1W _ • ' ATTEST: ( Tammara S. Brock, City Clerk Introduced by the Board of Commissioners June 3, 2003 Adopted by the Board of Commissioners June 10, 2003 Recorded by Tammara S. Brock, City Clerk, June 10, 2003 Published by The Paducah Sun, June 16, 2003 \ord\giftprop-401 KY Ave