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HomeMy WebLinkAbout98-4-5855514 ORDINANCE NO. 98-4- AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A DEED FOR THE PURCHASL OF REAL PROPERTY LOCATED AT 1132 NORTH 10TH STREET BY THE CITY OF PADUCAH FROM CHARLES CROCKETT, ET UX, FOR THE TOTAL CONSIDERATION OF $8,500.00 BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to execute a deed and all documents necessary for the phase of real property located at 1132 North 10th Street, adjacent to the public works fa il from Charles Crockett, et ux, for the total consideration of $8,500.00, to be allocated as follows: $6,100.00 for the purchase price of the real property, and $2,400.00 for structure demolition and cleanup. The final purchase price for the real estate will not paid until demolition of the structure and cleaning of the property have been completed to the satisfaction of the City of Paducah. 531-4207. SECTION 2. This expenditure shall be charged to Account No. 050-2211- SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor ATTEST: ity "Clerk Introduced by the Board of Commissioners April 14, 1998 Adopted by the Board of Commissioners April 28, 1998 Recorded by Lenita Smith, City Clerk, April 28, 1998 Published by The Paducah Sun realest