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HomeMy WebLinkAboutOrdinances Book 6, Page 129, No Ordinance NumberATI ORi)IPIANCI; AT:II?fTllIN(', All RDITII,iic.l;, FTl'i'IT]_,FD, "API ORDIPIAiICF F,i:4.PTII1G TTTslT P,iAPNA=CTflRIIJG FNTFRPRISRS ESTARL" ISITFD IN T77 CITY 01' PkD CA' , KPNTUCKY, FRO1.1 'TI1F PAYPTT,PTT OP APTY AD- ^ O VALOR;.11 ', LICttBMSE TAX -TO THE CITY .1' PADUCA71 FOR A PFRIOD YEARS -":YEARS-": OI r1VF APPROVFi) BY TTIF Pfih.YOR JUDE 232?d, 190: Be it ordained by the Gcr03,i--Council of the City of Paducah, Kentucky, Scc. 1. That section 0110,0j, an ordinance, cnt.itl.cd, "An ordinance ex- erpting noir msnu: e,etttr;ng enterprises .osto,bliol.cd in tete city of Paducah, Ky., fro ;'t]to pay;iont of any ad-valoreri or licetti>e tax to the city of Paduc&h for Ll period o. -I" five years; F,pproved by tite Iiayor June 23rd, 19062, -bo, and the same is *hereby aiaetld.ecl bar stril:inL, out the words" rand license", appearir_g in line elev.n the-,•eof,'arA_ by adding to sc,:icl Section One the following vrords, to grit;- T2, e: cxenption herein granted shall not ppply to any such 2:ir2iuf a.cturing establishment, i until such n.".nt "'r,cturinP; establishrient leas begun opr;ration .in good faith", -so that sais section Wheil sn a•mendcd shsll react as follows, to So6t6on,'l. Tl tat w.:iorc,°a,s, it is the 60sire -of the City.oi' Paducr.h, Kcntttcin to cncoura: r; the establisiusent of ri nufapturinE enterpri.son in tyle City of Paducah, therefore from and a.,.ter the passage, ^,pproval and publication i _of this ordinance all bons, fide r.mu;'ycturinr, entorp-riscs hereafter esta.blisl1-ed in the city of Paducah, Kentucky, s11all be ox,;npt from the payment t�: the city of Paducah �'Qr r, period oT' five years from the date of the ostablis:l*lcnt of sa;:,e, Of -MY ad valroem or liconse taxes, sub.,ject, however, to the follo,rring condi- t,ions,, any 0110 f 7rllich ;r_'ien violated, shall vitiate Said right of cxo! ption � an(l subject said cxo.._ptcd prom;,rtyvor proporty o mer to the poyrient of act valorein. taxes to the city o ' Paducah, theneoforth; �1) All of the property excmPtcd from tF,xation must be o; :led in fee sir:iple by such mr,nufactturinC company or enterprises. (2) All of,the.property exempted must be used entirely and solely by said mc.nu:re.cturinj' coripcmy or enterprise for or in the rams°acturin„ busi- ness . carriod on by said cor:ipnnn r. (3) . The, personal property exempt"ed shf--.11 be only the appliances, nachincry, equipment and cppurtonrnces risecl in and bF said :.anu1'FcturinE-,'oc- tablislmnlit, r.nd situated therein or ther;;on, and the prodnets o" such .;£'flit'scturin establisia ent. Tl,c exemption herein (;rrtirttcd. shall nnt, apply to any such m -a —u_'wctur_ , ing establisiil:r�,r_t, until :ucli'menu acturini establi; ..gent has. bogu_n op, --rat: on in g; od faith, � Sec. 2. This orditlancc shall take c:"feet ar_r' be in farce from and : `ter its pa :sagc, r,p :oval and publication. It appearing that the follori:: g' .cork is r, neccessity and desired by the prop:rty to be iriprovod, therol'o.-c:., I ::love that the following street be improved by laying; thereon concreto siders 1Ls ,ncl.. granite curb and concrete gutters,viz; Burnett r,i;-r•eet :"rot10th street to 12th street on both sides. All of sr id wo'k to bo done tinder the ten yez.r p Lyrt3nL p:-If;n.