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169
ORDINANCE NO. 91-4-4599
AN ORDINANCE ACCEPTING THE PROPOSAL OF AUCTION
AMERICA FOR THE PUBLIC AUCTION OF REAL AND PERSONAL PROPERTY
\1 FOR THE CITY OF PADUCAH, AND AUTHORIZING THE MAYOR TO
EXECUTE A CONTRACT FOR SAME
WHEREAS, the City of Paducah owns surplus real and
personal property which are no longer of value to the City
for governmental purposes; and
WHEREAS, Kentucky Revised Statutes allow the City
to dispose of excess property by public auction; and
WHEREAS, Auction America has submitted a proposal
to the City for auctioning said surplus real and personal
property.
BE IT ORDAINED BY THE CITY.OF PADUCAH, KENTUCKY:
SECTION 1. The Mayor is hereby authorized to
enter into a one-year contract with Auction America for the
public auction of real and personal City property to be
designated by the Board of Commissioners. This contract is
attached hereto and incorporated by reference as if set outy',
in full herein. Said Contract may be renewed for an
additional one-year term upon agreement by both parties.
SECTION 2. This ordinance shall be read on two
separate days and will become effective upon publication of
title and a certified summary thereof.
Introduced by the Board of Commissioners April 9, 1991
Adopted by the Board of Commissioners April 23, 1991
Recorded by Lenita Smith, City Clerk, April 23, 1991
Published by The Paducah Sun April 29, 1991
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