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RESQLUTION NO. 1322 <br />WHEREAS, Frank L. McClure owns a lot fronting on the West <br />Side of South Main Street, immediately South of the Paris <br />Public Library, with a frontage of approximately 100 feet on <br />South Main Street, with a depth of 216 feet, and with a frontage <br />of 100 feet on lst Street, S. W.; and, <br />WHEREAS, he has offered to sell the same to the City of <br />Paris for the sum of $15,000.00, payable in annual installments <br />of $1,000.00, which said unpaid balance is to bear interest at a <br />rate of 4% per annum; and, <br />WHEREAS, the City Council finds that said price is a <br />reasonable price for said property and that it would be to the <br />best interest of the City of Paris that the same be purchased <br />for the City of Paris; NOW, THEREFORE, <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />That the Acting City Manager, H. C. Greene, be, and he is hereby <br />authorized to purchase said lot fronting 100 feet on South Main <br />Street and 100 feet on lst Street, S. W., and being 216 feet <br />deep, which lies adjacent to the South Boundary Line of the <br />Paris Public Library, for the sum of $15,000.00, payable in <br />annual installments of $1,000.00, which said unpaid balance is <br />to bear interest at a rate of 4% per annum. <br />Passed and adopted this 14th day of July, 1969. <br />R. A. Kennedy, Mayor <br />ATTFST : <br /> <br />• / f ~~/I r -~-3 , t - --r , <br />~City Clerk <br />H. C. Green4:~, <br />APPF,OVE -4S TO FORM : <br />HCity Attorney. <br />~es, <br />