HomeMy WebLinkAboutOrdinances Book 6, Page 291, No Ordinance NumberA:1 ORDINANCE Ay SFSSING THE ABUTTING PROPERTY 011.B..001 SIDES OF BROWN STR17ET FROM THE
IASHVILi�F, CHATTAPI@0 GA & ST. L(;ITJS Rf2L=1AY TRACK TO
7,,R171'(',77 0`,7;;:n CREEK ( CO1 ;i;C`�'-
IIdG BROAD STREET) BY GRADING AID GRAVELING OF SALIR, AND PROVIDING THAT SAID ASSFSS-
i,IENT MAY BE PAID IN TEN EQUAL INSTALLiT;NTS, ,BEING ONE EACH YEAR FOR A PERIOD OF TE11
YEARS.
Whereas the General Council of the City of Vaucah, Kentucky has heretofore, to- `
crit; on the 7th dater of October, 1912, adopted an ordinance, entitled, " an Ordinance
providing for the construction of Brovm street from the Nashville, Chattanooga E, St L
Louis Railway Track to the bridge over Cross Creek(connecting Broad street) by grad- 'M
ing and graveling• of sone, in the City of Paducah, Kentucky;" and.,
Whereas, in accordance r,ith said ordinance, it is provided that the cost of
Mo -
construction of said street shall be paid for by the abutting property ovmers on both
sides thereof, m�cept that portion to be paid by the City of Paducah, as required by
1,ar; and ,
1,71�ereas, pursuant to said ordinance; a contract vias, on the 25th cla;lr of November
1912, entered into by and between Yancey Johnson, and the City of Paducah for the
construction of said street; and,
VJheresa, saki contract has been completed in all respects, and the improvement h
i
therein provideel for has been finished and accepted b, the General Council of the Cid
of Paducah, Kentucky, on the 7th clay of July 1913, pursuant to reeonmendation oracle
therefor b:r the Board of Publie 19orks of said City; Now therefore,
Be it ordained by the General Council, of the City of Paclucah, Kentucky;
Sec.l. That all of the property on both sides of Brown street from the Nashville, Cha--
' � I
ttanooga & St Loius RailYray track to the bridge over Cross Creek(connectinj,Brovm
street) in the City of Paducah, 'Kentucky, be, and the carie is hereby assessed at the;:
sura of ;"").067606 per front foot on each sidle of said street for the cost of construct10
-
ion thereof by grading and graveling of sF--ie.
see.2. That all of the funrls clerived from the assessment of said property shall be
used. for the purpose of pn�rin; off the special tr, bills issued a„einst said property
292
or such bonds as nay be issuer) by the City of Pn,c3ucc11 Pursuant to rection
3101 of the Kentu.eky St,atut,es. anencled and �e�&ripctnd-, by an act
Sec.3. That pursuant to section 3101, as
of Kentnc�r in the year 1910,
of the General Assenbly of th. Co".�ons+Pr�1t
entitled " An act to amend and re-enact section 309�� 3096, 3�97� 3'G9,
of' the K..ntueky ,Statutes, relating to the cont -
;099 3100, 3101 and 3102, A grounds
" lanciin{;s, tirharvek , {,
rol arlcl improvenent of streets public trays,
and sidevralks in cities of the second class", said assessments rr�-,y be, at
payable in cash within thirty dairs from
the option of the property ovmers,
the da+,e of the prssage, approval and publication of this ordinance, or in
Iin accordance with the provisions of said seetiOM
tem annul installments,
6ec.n. In order to provide a fund for the immediate pa�rrnent of the cost of
that portion of the special assessments herein provided for, vrhich are to
be paid upon the install lent payment plan, Ls hereinabove provided for,the
I
City of Paducah shall issi,e and sell ir.mroversent bonds in sPtisfaction of
the collection of srict special tax bills Which are to be peid upon the
insta11:1ent payment plan, e,nd to secure the payrrenzt of which bonds there a
is hereby pledged. such tares and liens on the property for the payment
;of the principal and interest od such bonds; and such bonds shall be sold
for not less than par, and the proceeds thereof applied exclusively to the
ipaynent of the cost of irmroverient of said streets, and such bonds smell
be issuecl, and shall bear interest, and shall be payable, in accordance
with the terms of Section 3101 Of the 7entucky Statures, as amended and
I
re-onactecl by the General Assenb1ir of the Cor'Imornvealth of Kentucky in the
year 1910, hereinabove speeafieallir referred to,
I
2ec. S. This ordin�;.nce shall take effect and be in force front and after ]3
i
its Ppssagelapproval and publication,
The above vrRs given first and second massage, by the Board of Councilmen
and its first passaEge by the Boarcl of Aldermen, July 21st 191; and its
Second passage, by the Board. of Alder^ten, August 4t•h 1913.