HomeMy WebLinkAboutOrdinances Book 7, Page 328, Ordinance Number 119No., ; '
Ordinance No. z1 5;1
AN ORDINANCE ASSESSING THE ABUTTING PROPERTY ON BU,H SIDE` OF
JE FERSON STREET FROI',I THE NEST PROPERTY LINE OF EL V NTH ST, ',T ";:SERs
IT ENTERS JEFFERSON S'TREEF FROM THE NORTH TO THE 7;EST PROPERTY E.Ii' E
OF SIXT:id'TH STREsT, IN TIE CITY OF PADUCAH, !<_'iTTU01KY, THE SUI:i OF
,p4.88 PER FRONT FOOT FOR -,HE RECONSTRUCTION OF SAID STHELT BY 1', VIi?G
t ITH BITULITHIC , AND P=tOVIDI ?G THAT 11 ID ASS;�':IS;.ANTS I.UY BE PAID IN TE -1:
.:;UAL INSTALL1,iENTS , BEIIiG ONE EACH YEAR FOR i:ERIOD OF TEii YEA'S.
i7tIEREAS, the Board of Commissioners of the City of Paducah, Kentucky
has heretofore, on the 10th day of April 1916, adopted an ordinance
entitled: ".lid ORDINANCE FF.OVIDING FOR THE RECONSTRUCTION OF JE2F3•-tSOid
STREET PHO;: T- ;: ST F-cOPERTY LINE, OF ELEVEiITH STREET, '� HFIEU, IT TSRS
J E2FERSOI? STR EST F OT:: THE NORTH, TO THE WEST PROPERTY LIEF OP SIXT EkfTH
STREET, 111 .THE CITY OF PAD'uCAH, KENTUCKY, and. PROVIDING T-1 iT SAID
I:'.iPROV ;;,IETiT SHALL BE I:!ADE UPON THE TETT YEAR PAYI,s TTT PL_,N" : and
',,r_EREAS, said ordinance provides that the cost of -the reconstruction
of said street shall be paid for b.,T the abutting property owners on both
sides thereof, except that portion to be paid by the City of Paducah, as
required by law; and,
WEER:AS, pursuant to said ordinance a contract was, on the 26th
d,, --Ly of September 1916, entered into by and between the Southern Bitulithic
Company, of the City of Nashville, State of Tennessee, and the CITY OF
PADUCAH, for the reconstruction if said street; and,
lHEREAS, said contract has been completed in all respects and the
improvement therein provided for has been finished and accepted by the
B6 --rd of Commissioners of the City of Paducah, Iientucky, on the 17th
day- of September 1917, pursuit -,t to recommendation made therefor by the
Commissioner of Public '.forks of said City; now, therefore -
BE IT ORDAIi- BY T' HE BOA4D OF CO:: IISSIOidERS OF THE
CITY OF PADUCLH, Ii' i;TUCKY:
Section 1. That all the property on both sides of Jefferson street
from the '.Jest property line of Eleveth street where it enters Jefferson
street from the north to the "Test property .line of Sixteenth street, in
the Cit of Paducah, Kentucky, be, and the same is hereby assessed the
suit of ;,4.88 per front foot for the reconstruction of said street by
paving with bituli'thic.
Section 2. That all of the funds derived from the assessnient of said
property aforesaid shall be used for the purpose of paying off the
special tax bills issued against said property or such bonds as may be
issued by the City of Paducah pursuant to Section 3101 of the Kentucky
Statutes.
Section 3. That pursuant to Section 3101 of the Kentucky Statutes, as
amended and re-enacted by an Act of the General Assembly of the Common-
wealth of Kentuckyof 1910, entitled: "�A: i CT TO I!:uTTJ AND RE—ENACT
SECTIONS 3094, 3096, 3097, 3098, 3099, 3100, 3101 and 3102 OF Thi, KENTUCKY
STATUTES, RELTIiIG TO THE'CONTROL A_ -'D I P_iOVEI, 7N'T OF STREETS, PUBLIC '3AYS,
LAiiDIT?GS , ;dH�_-?VES , GROUT;DS ASID S IDE:JdLT S IN CITIES OF THE SECO D CLASS(', N
said assessments may be -at the option of the property owners- payable
in cash within thirty (30) days from the date of the passage and recording
of this ordinance, or in ten (10) annual installments, pursuant to the
provisions of said Statute.
r
Section 4. In order to provide a fund for the iamiediate payment of
the cost of that portion of the special assessments herein provided for, �
which are to be paid on the installment -paymient-plan, as hereinbefore
provided for, the City of Paducah shall issue and sell improvement bonds,
and to secure the payment of which bonds there is hereby pledged such
taxes and liens on the property assessed herein for the payment of the ti..
principal and interest on such bonds, but such bonds shall not be sold for
less than par, and the proceeds thereof applied exclusively to payment
for the improvemnent of said street, as hereinbefore mentioned, and such
bonds shall be issued and shall bear interest, and shall be payable in
accordance with the _provisions of Section 3101 of the heutucky Statutes
as amended and re-enacted by the General=saembly of the Commonwealth of
Kentucky for 1910, and contained in said Act hereinbefore mentioned.
Section 5. This ordinance shall take effect and be in force from its
passage and the recording of zar.:e. .
PASSED BY THE BOARD OF CGL:L:I;; IO _�S S�_ 1_7, 1917.
RECO-MED BY H. D. HEITDR.ICK, C. C! i ,P_ 'T11- !TER 18, 1917.
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