HomeMy WebLinkAbout97-12-5787371
ORDINANCE NO. 97-12-,6-7g77
AN ORDINANCE AUTHORIZING AND DIRECTING THE FINANCE
DIRECTOR TO PAY THE SUM OF $56,350 TO THE McCRACKEN CIRCUIT
COURT CLERK, TO BE HELD IN ESCROW FOR CONSTRUCTION OF THE EAST
MALL ACCESS ROAD
WHEREAS, litigation between the City of Paducah,
Kentucky Oaks Mall Company and Warehouse Inc. has been settled
in McCracken Circuit Court concerning construction of the East
Mall Access Road.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the Finance Director is authorized
and directed to pay the sum of $56,350 to the McCracken Circuit
Court Clerk, to be held in escrow for construction of the East
Mall Access Road, pursuant to the Settlement Agreement and
Release of Certain Claims, and the Agreed Interlocutory
Judgment and Order, entered in McCracken Circuit Court in this
case.
SECTION 2. This expenditure shall be charged to
Account No. 040-3315-532-2307-ST0003.
SECTION 3. This ordinance shall be read on two
separate days and will become effective upon summary
publication pursuant to KRS Chapter 424.
ATTEST:
it Cler
Introduced by the Board of Commissioners November 25, 1997
Adopted by the Board of Commissioners December 9, 1997
Recorded by Lenita Smith, City Clerk, December 9, 1997
Recorded by The Paducah Sun `s', /997
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