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HomeMy WebLinkAboutOrdinances Book 7, Page 579, No Ordinance NumberAPI ORDIIZANCE PROVIDING FOR THE RECONSTRUCTION OF THE DRIVEWAY OId NORTH THIRD STREET, FROM THE NORTH PROPERTY LINE OF JEFFERSON STRjsiT TO THE, SOUTH PROPERTY LINE OF HARRISON STREET, IN THE CITY OF PADUCAH, KEN- TUCKY, AT TIE COST OF THE, ABUTTING PROPERTY HOLDERS, AND PROVIDING THAT SAID I=IPROVEI ENT SHALL BE kLIDE UPON THE TEN YEAR E. YT.,IEVT PLAN. BE IT ORDAINED BY THE BOARD OF COI.ESISSIONERS OF THE CITY OF PADUCAH, I EPTUCLY SECTION 1. .That the driveway on North Third Street, from the North property line of Jefferson to the South property line of Harrison Street, in the City of Paducah, Kentucky, be, and the same is hereby ordered to be reconstructed; that said street shall be reconstructed with concrete, tarvia or ?entuchy Rock Asphalt, as may be determined by the Board of Commissioners as the best and most economical hereafter, upon bids made therefor, and all. to be done in strict accordance with the plans, grades, specifications, wid.tiis and profiles of the Commissioner of Public ';Works, prepared by him for such purpose, all of which are adopted as a part of this Ordinance as fully as if embraced herein or attached hereto and,made a hast hereof, and marked for more specific identification. SECTION 2. That said taork shall be constructed under the direction and super- vision of the Commissioner of Public !'forks, and shall be commenced at a time designated by contract for the performance of said work, and com- pleted on or before seven months after the passage and recording of this Ordinance. SF,CTION 3. That the cost of such construction of said street shall be paid for wholly by the property owners abutting or fronting thereon, on both sides thereof, to be apportioned to and assessed against the property and pro- perty owners abutting thereon, on both sides thereof, according to the number of front feet abutting thereon, except that the City of Paducah shall pay such portion of such costs of construction as required by later. SECTION 4. The contractor awarded the contract for the work herein Trovided for shall be paid only from the funds arising from the Special Tax bills �.nd assessments against the property abutting the improvement herein provided for, and in no other ray,- except that the said contractor may be paid out. ,Vo. s 9,0 Ordinance No,_. ____ of such bonds as may be issued, in accordance with the law of the City of Paducah and charter of cities of the second class of the State of Kentucky, and for the payment of which said tax bills and assessments may be pledged by said City of Paducah; and in no event shall the said City of Paducah be liable to the contractor for the construction of any of the,work herein provided for, except that the said City of Paducah shall be liable to the said contractor for the excess of Fifty (50%) per cent of the value of any -property assessed for the construction of the work herein provided for. SECTION 5. The contractor awarded the contract herein provided for shall; be paid monthly b.;r Improvement Warrants, issued by 'the City of Paducah upon estimates furnished by the Commissioner of Public ':forks to the ex- tent of Sixty-five (65%) per cent of the value of the work done or materials furnished by the contractor during the progress of the work, and said Improvement Warrants shall bear six (6f) per cent interest from date of issual and shall be issued by the Commissioner of Public Finance I upon order of the Board of Commissioners. Said Improvement 1,Varrants shall be negotiable, and shall constitute a lien upon the local taxes to! I be hereafter - levied -for such improvement, and shall be payable at the office of the Commissioner of Public Finance, without notice to the holder thereof, upon completion and acceptance of the work hocein pro- vided for, out of the first collection of such local taxes, or out of the proceeds of the sale of any Im-provement Bonds is sued in anticipation of such local taxes. The interest on such Improvement Uarrants shall bei estimated and assessed as a part of the cost of the improvement herein provided for. SECTIOU 6. Bids shall be received for the construction of said 'pork out I of concrete, tarvia or -Kentucky Rock Asphalt, according to plans and specifications made and provided_ therefor by the Commissioner of Public i works, and re -ported to the Board of Commissioners at the next regular or called meeting, and said Board of Commissioners shall determine the material with which said street shall be constructed, and award the con tract therefor to the lowest and best bidder, except the right is ex- j pressly reserved to reject any and all bids, within the discretion of I said Board of Commissioners. SECTION 7. This ordinance shall take effect and be in force ten (10) days after same is adopted and recorded; provided petition, according to law, for a referendum vote hereon has not 'been filed within said ten days. RECORDED LAY 4th,1920. PUBLISHED p PUBLISHED � .'- 1920. 0 ti=i�t��C i�f