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HomeMy WebLinkAboutOrdinances Book 7, Page 563, No Ordinance NumberAN ORDINANCE CREP_TI??G A FR UCHISE OR PRIVILEGE TO FUiNISH ELECTRICITY FOR LIGHT', POI ER, HEAT APID ANY OTHER PURPOSES FOR ':IFICH ELECTRICITY IS USED IN THE CITY OF PADUCAH, K1311TUCKY, AND PROVIDING FOR THE SALE OF SAID FRAN- CHISE OR PRIVILEGE. SECTION 1. That there is hereby created and established a franchise to construct, maintain and operate an electric light and poorer system within the City of Paducah, together with all necessary or convenient plants, machinery, poles, wires and other fixtures and appliances for generating, furnishing, carry- ing, distributing and selling electricity for lighting, power, heating and any other purposes for winich electricity is used within the City of Padu- cah and in the County of 'sricCra.cken, i.entucky, and to that end. to erect, construct, maintain, use "and extend in, on, along, over and across any highway, street, alley or public ground within the City of Paducah, any mires, cables, poles, towers, masts or other structures or appliances necessary, useful or convenient for the purposes aforesaid. SECTION 11. That the within created franchise and privilege shall begin when the purchaser thereof shall have complied with the requiT'cmcnts of this ordi- nance and continue for a period of tienty years (20) thereafter,, and the purchase of said franchise shall rest title in the purchaser thereof, its successors or assigns for said period. SECTION 111. All poles erected under this franchise shall be smooth, wooden or iron poles, and shall be located just inside the curb line on the sidewalks; and .the purchaser, its successors or assigns,, shall place all streets, pavements or other public places distM bed or dug up for the platin; of such poles in as good and complete condition or manner as such streets and public places were before such poles were placed thereon. And the said purchaser, its successors or asci gns, shall at all times comply 1,rith any ordinance which the general council may adopt, directing changes of wires or alteration in ti,e location of the poles of the said purchaser or its successors or assigns, and as the public good may require, wires shall be raised or lowered or :placed underground when so ordered by the general council. SECTION 1V. Nothing in this ordinance shall operate or 'be construed as repealing Ordinance No.----.-- or o.____.or in any way interferring vJith the rights or the City to free lights by grants, and franchise now existing, or made before the passage of this ordinance or the sale of the within franchise, and. -the purchaser i thereof shall•be required to furnish to the City of•Paduca.h, light and power service to the ?.IL2hicip.l Building (City Hall) and. No. 1 Fire Station, free of charge, during the continuance o: this franchise. SECTION V. The purchaser of the franchise created by this ordinance shall, within thirty (30)days after the sale and purchase of same, ive to the City of Paducah, in writing, notice of his or its or their acceptance' of the provisions of this ordinance. SECTION V1. In the event the purchaser of this franchise and privilege, its successors or assigns, shall not own or operate an electric plant in the City of Paducah, Kentucky, sufficient to furnish fifteen hundred (1500) Kilowtts of electrical energy fo-r electric lighting and power service in said city, within one hundred and twenty (120) days from the' date of approval of this franchise and privilege, then in such event this franchise and privilege shall be null and void and of no effect. SECTION V11. All poles erected or wires strung thereon under the franchise in, this ordinance shall be erected as required by the provisions of the ordinance adopted April 16th, 1894, entitled "._n ordinance regulating the stringing of •vrl-res and lighting of buildin_•s by electricity." SECTION V111. Any other person or company not in a similar line of business may use the poles recited under this grant under such reasonable regula- tions as the purchaser may require, but such person or company shall pay to the owners of this franchise a reasonable compensation for the use thereof, but the City of Paducah shall have the right to use said poles. £or its electric lights or other purposes for the benefit of the City durinc\the life of this franchise, free of charge. SECTION L_. That for the faithful performance of the requirements by the purchaser or purchasers of this franchise, he or they shall execute bond to the City of Paducah in the sum of :.,500.00 to be approved by the; P:iayor of the City of Paducah, Kentucky. SECTION X. That in the event the purchaser or purchasers of this franchise shall, or at any time prior to the date of its termination, or before the expiration of twenty ,years from the date o£ same, sell, transfer or convey their ownership of, or rights and privileges thereunder to others for the unexpired time of same, the new o',•rners shall have all r Ordinance No._._.-._.__ the ri,,-_,htq and -Privilogo;3 --ranted undor tbis Ordinance as gully, and as completely, as the original pLwchaSer or purchasers of same have, E,.nd shall be bound 60 the City of Paducah, under tho same restrictions, penalties and, regulations as, t, -.e ori,ciial piucchasor or purchasers hereof is, but no such. transfer shall be mcde until the perbon, firm or compaiky to whom this franchise is so traa-:''s-,rod shall first execlitnew bona to tho City ofe � Paducah, "ent-acky, i -,-.L `-'h.c 0: , 1. .,.;500.00 to 'he c-o-rL-ovocl by the 1.1ayor of the. City of Padiic-'Lli, Zor the faithful per:"ormance of. cll the requirements u-nder this ordinance or T_-:anchise and u -non the o-,:eci�tion oT such nc-�i bona and. its by the 1.7ayor, the bond. e—ecated by the original purchaser or pur- chasers shall become null snit -,70id_ and Of ,air e - ect. . 110 . r f � X1. 'Ph -t- upon t.,c passage, approval -pablican' and ion of this the n L; ilia-yor of the City of 11a6al-cah is, hereby authorized- and directed to aavertpiSe IG his franchise or privilege for sale in the official new )-.-oer of the City of Paducah, stating the time and place .when same shall be sold, and offer for sale ,this franchise, and to sell same to the hi,_ -hest and -best bidder, reporting- his actions to the next meetin,nl, of the general council. SECTIOK Xll. The City reserves the right to regulate the rates chargee! for ser- vice under this franchise, bu-t such rates shall at all times wodiice a sufficient revenue to my operating expenses, taxes, depreciation, obso- lescence, and a reasonable re upon the value of the property. SECTION Xlll. That tne City of Paducah, Hentacky, reserves the richt to reject any and all bids ofTererl for -this franchise. SECTIO -11 XlV. That this ordinance scall tal-ze effect trom and after its adoption, ap-oroval and publication. RECORDED ire CH 29TH, 1920. PUTLISHE-1) 7`-,1RCH 31st, 1920. RO-WEI-)