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ORDINANCE NO. 94-11-5219
AN ORDINANCE AUTHORIZING THE SALE OF SURPLUS REAL PROPERTY FOR
1 THE BENEFIT OF PADUCAH WATER WORKS
( y WHEREAS, Municipal Order No. 695 was adopted by the Board of
�� Commissioners on October 11, 1994, approving the Resolution of -the
Commissioners of Waterworks of the City of Paducah declaring property
located at 1850 Lone Oak Road, the corner of Lutes Road and Highland Church.
Road, and on the I-24 Downtown Loop near the intersection with Harrison
Street no longer suitable or necessary to the operation of the Water Works;
and
WHEREAS, Resolution of the Commissioners of Waterworks dated
October 26, 1994, recommended the City of Paducah accept the offer of Mr.
Robert Alexander dated October 17, 1994, to purchase surplus property at
1850 Lone Oak Road for the sum of Twenty-five Thousand Dollars ($25,000.);
and
0 WHEREAS, the Commissioners of Waterworks have declared the
proceeds from the sale of this property are needed to continue the
efficient operation of the Water Works, and it would be in the best public
interest to sell same; and
WHEREAS, said property is presently owned by the City of
Paducah, Kentucky on behalf of Paducah Water Works.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah hereby accepts the offer of
Robert Alexander dated October 17, 1994, to purchase for the sum of Twenty-
five Thousand Dollars ($25,000.) the real property more particularly
described as follows:
Tract A:
A portion of Lot 42 of the Phillips Park Subdivision, fronting
fifty-one and ninety-nine one hundredths (51.99) feet on Lone Oak
Road, extending southeastwardly one hundred forty-six and fifty-three
hundredths (146.53) feet to an unnamed alley, extending northwardly
fifty-one and thirty-eight hundredths (51.38) feet along the unnamed
alley, and extending northwestwardly one hundred nineteen and
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sixty-one hundredths (119.61) feet to the place of beginning. Tract
A contains six thousand six hundred thirty-nine (6,639) square feet
and was conveyed to the City of Paducah for the use and benefit of
Paducah Water Works by deed dated June 30, 1988, of record in Deed
Book 715, page 594, in the office of the Clerk of the County Court of
McCracken County, Kentucky.
Tract B:
A portion of Lot 42 of the Phillips Park Subdivision, fronting
fifty-one and thirty-eight hundredths (51.38) feet on an unnamed
alley, sou:theastwardly sixty end eight -eight hundredths (60.88),
extending eastwardly twenty-four and seventy-six hundredths (24.76)
feet, extending northwardly f.if-ty-three and fifty hundredths (53.50)
feet, and extending northwestwardl.y twenty-eight and sixty-five
hundredths (28.65) feet to the place of beginning. Tract B contains
two thousand eight hundred forty-nine (2,849) square feet and was
conveyed to the City of Paducah for the use and benefit of Paducah
Water Works by deed dated June 30, 1988, of record in Deed Book 715,
page 594, in the office of the Clerk of the County Court of McCracken
County, Kentucky.
SECTION 2. The City of Paducah hereby authorizes and directs
the Mayor to execute and the Corporation Counsel to approve all deeds and
any other documents necessary to accomplish the purposes of this ordinance
and further authorizes the proceeds from this sale to be deposited in the
Depreciation Account of Paducah Water Works.
Section 3. This ordinance shall be read on two separate dates
and become effective upon summary publication pursuant to KRS Chapter 424.
Mayor Pr Tem
Introduced by -the Board of Commissioners November 8, 1994.
Adopted by the Board of Commissioners November 15, 1994.
f
Recorded by Lenita Smith, City Clerk, November 15, 1994.
Published by The Paducah Sun // ;?- / , 1994.
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