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HomeMy WebLinkAbout91-9-4675ME ORDINANCE NO. 91-9-4675 AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO A CONTRACT WITH PADUCAH NEWSPAPERS INC. IN THE AMOUNT OF $20,000.00 TO ACQUIRE PROPERTY LOCATED AT 1560 NORTH 8TH STREET IN THE CITY OF PADUCAH, McCRACKEN COUNTY, KENTUCKY BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor and City Clerk are hereby authorized to enter into a contract with Paducah Newspapers Inc. in the amount of Twenty Thousand Dollars ($20,000.00) with Paducah Newspapers Inc. for the acquisition of property \ located at 1560 North Eighth Street in the City of Paducah, V McCracken County, Kentucky. SECTION 2. This property is more particularly described as follows: Beginning at a point in the north right of way line of Eighth Street, said point being 385.50 feet east of the point of intersection of the north right of way of Eighth Street (60 foot right of way) and the east right of way of Ellis Street (50 foot right of way), if said east right of way was extended, said beginning point being the southeast property corner of Roy C. Wayne Supply Company property as recorded in Deed Book 292, page 431; thence north 10 degrees, 14100" east, 346.55 feet to an existing stone; thence south 68 I degrees 11100" east, 280.00 feet to an existing �./ stone; thence south 28 degrees 46100" west, 277.00 feet to an existing stone; thence south 68 degrees 35119" east, 119.84 feet to an existing stone in the north right of way of Eighth Street; thence along the north right of way of Eighth Street north 79 degrees 41131" west, 40.71 feet to an existing stone in said right of way; thence along the north right of way of Eighth Street north 80 degrees 45'00" west, 263.14 feet to the point of beginning. Said property containing 74,460.2 square feet or 1.71 acres. SECTION 3. This expenditure shall be charged to Account No. 50-22-11-416 SECTION 4. This ordinance shall be read on two separate days and will become effective upon publication of title and a certified summary thereof. YI GERR B. MONTGOMERY Mayor Introduced by the Board of Commissioners September 3, 1991 Adopted by the Board of Commissioners September 10, 1991 Recorded by Lenita Smith, City Clerk, September 10, 1991 Published by The Paducah Sun September 16, 1991 ord/realest 3