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HomeMy WebLinkAboutOrdinances Book 6, Page 319, No Ordinance Numberi } v i AN ORT)WN 41r ; ASSESS.TNG TI -TE ABUTTING PROPERTY OId BOTH SIDEe9 OF SOUTH FOURTH STRPRT i FROT,I K7NTUCKY AVENUE•. TO NORTON STREET, I THE CITY OF PADUCAH YF TMICKY, THM SIT1d Or.- PER FPER FRONT FOOT ,FOP. THE COST OF CONS TRUCTION OF CONCRETE, `IDFV'/ALKS l.TID (;UTTERS,TO GFTHER WITH GRA.NITF CURBING AND ALL N :CCFSSARY I'iTANHOLES, INTAKES,CATCTT 13ASIN.'- SR1VFRS AND DRIVESF(AYS ITI SAID CONSTRUCTION, AND PROVIDING THAT ,'SAID ASSS SSTVMT 1'TAY rE PAID IN TEN r UAL INSTALLI:,1ENTS Bf.ITdr, OTTE EACH YEAR FOR A PERIOD OF TEN YEARS. TOHFREAS, The General council of the city of paducah, ky, has heretofore, tl to—:'ritt; on the 16th day of June, 1913, adopted an ordinance , entitled, " an ordi nance providing for the construction of concrete sidewalks and gutter,_, -.together with T granite curbing and all neccessaty manholes, intakes., catch basins, severs and drivevrRy� on both sides of south fourth street Prom kentucky avenue to norton street i n the city# of paducah, ky, " and,. a A:TERRAS, in accordance with said ordinance it is provided that the cost ..i of construction of said sidewalks, curbs, utters, sayers. intakes, man oles. catch bas.', i ins,and drivoways, shell be paid ,:or by the abutting property owners on both sides of said street, except, that portion to be paid by the city of paducah, as required by law; and, VlHFRFAS, pursuant to said ordinanc=e a contract was on the 26th dry of - i July, 1913.entered into by and between G.W.KatterJohn and the city of paducah for the � construction thereof; and, V,7117,RF.AS, said contract has been completed in all respects, and the 1iR; provement therein provided for has been finished and accepted by the general council of the city of pad•uceh, ky, on the 17th day of november, 1913. pursuant to recommendation made therefor by the boardof public works of said city; NOW, therefore, be it ordained by the general council of the city of pad ucah, ky, SEC.I. Th at all of the property on both side of south fourth street, from kentucky avenue to porton s.' -heat, in the city of paducah, ky, br, and the same is hereby , assosoed the sum of X1.79157 per front foot for the cost of construction of said sidewalks, curbs, getters, servers, manholes, intakes, catch basins and driveways. , it SFC. 2. That all of the funds derived from the assessme,it of said prop°, erty'shall be used for the purpose of paying off the special tax bills issued against I said property , or such bonds as may be issued by the city of paducah pursuant to sectio; 3IO� of the kentucky statutes. I SEC.3 That pursuant, to section 31OI of the kentucky statutes , as amended and ru.- enacted by an act of the general assembly of the commonwealth of kentue i ky in 1910, entitled, "an act to amend and re—enact sections 3094, 30962 3097, 3095, '! of the kentucky stautes , relating to the Iotrol andimprovement of 3999, 3102,3102, strdets, public ways, landing, wharves, grounds, and sidetrniks inc of the of the Property owners second class, " said assessments may be, at the option , Payable in cash within thirty days from the (late of the passages approval and publj.cation of this ordinance , or in ten equal installments, in accordance v{ith the provisions o" said section s SFC. 4. In order to provide a _rind for the inuvedie,ta paymentof the cost of that pottion of the special assessmo nt herein provided for, "which e,re to be paid upon the installment paymant plan, as herein above ror, the city of ps,ducah shall issue and sell improvement bonds in satisfaction of the colloctions Of said special tax bills which are to be paid upon the installment plan, a,nd to I secure �he payment o;' �vhich bonds there is hereby pledged such takes and liens on the property for the payment of the principal and interest of such bonds an(, such bonds shall be sold for not less than far, and the, proceeds there of applied ex- clusively to the parnent of the cost of improvement of said siclerralks, curbs sn(l gutters hereinbefore mentioned, and such bonds shall be issued, rad shall bear interest, and shall be parable, in e,c:rora n; e ,°°i )1 .r1i; o `,.iorl 310I of tha kentucky statutes, as amended and re-enacted by tine general assembly of -rhe commonwealth of kentueky in tile. year 1910, hereinabove specifically refered to. SEC. 5. This ordinance shall tFke effect and be in Force Prom and after its passase; approal and publication, given first and second passage by the councilmcLn, nov, 27th 19(�1z 9 -J given first and second passage by the slderm=n , nov, 17thp 1923• published. new -democrat nov 19th, IyP, a