HomeMy WebLinkAboutOrdinances Book 7, Page 581, No Ordinance Number—
Ordinance No.
AN ORDINANCE PROVIDING FOR THE CONSTRUCTION OF THE DRIVEBdAY OPI
CEDAR STREET AND LINCOLN AVENUE, FROM THE EAST PROPFRTY LINE OF THE IVTAY-
FIELD ROAD TO THE EAST PROPeRTY. LIME OF LINCOLN AVENUE ON CEDAR STREET
FROI-T THE 140-IUH CURB LINE Or, CEDAR STREET TO THE SOUTH PROPERTY LINE OF
CO%EYS' STREET, IN THE CITY OF PADUCAH, KENTUCKY, BY GRADING AND GRAVELING
SANE, AT THE COST OF THE ABUTTING PROPERTY HOLDERS, AND PROVIDING THAT
S-A 1,E I>'AY BE PAID FOR OId THE TEN YEAR PAYKENT PLAN.
BE IT ORDAINED BY THE BOARD OF COK,1-1ISSIOIIERS OF THE CI'T'Y OF
PADUCAH, .IMNTUCKY:-
SECTIOF 1.
That the drive-way of Cedar Street and Lincoln Avenue, from the
East property line of the Mayfield Road to the East property line of Lin-
coln Avenue on Cedar Street from the North curb line of Cedar Street to
the South property line of Coxeys' Street, in the City of Paducah, Kentucky,
be and the same is hereby ordered to be constructed; that said street shall
be constructed by grading and graveling same, and all to be done in strict
accordance with -the plans, grades, specifications, widths and profiles of
the Commissioner of Public I'lorks , 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 part hereof, and marked "A" for more
sneci£ic identification.
SECTION 2.
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That said work 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 completed
on or before seven months after the passage and recording of this Ordinance.
SECTION 3.
That the cost of such construction of said street shall be raid
for wholly by the property owners abutting or fronting thereon, on both
sides thereof, to be apportioned to and. assessed againstihe property and
property o-.-�ners 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 law.
SECTION 4.
The Contractor awarded the contract for the work herein rrovided
for shall be paid only from the funds arising from the Special tax bills
and assessments against the property abutting the improvement herein rro-
vided for, and in no other way, except that the said Contractor may be paid'
out 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 Ken-
tucky, and for the Payment of which said tax bills and assessments may be
pledged by the 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
No. -3-92
Ordinance
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 hero-
in provided for.
SECTION 5.
The Contractor awarded the contract herein provided Tor shall
be paid monthly by Improvement Warrants, issued by the City of Paducah
upon estimates furnished by the Commissioner of Public Works, to the
extent 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, a.hi
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said Improvement Warrants shall bear six (6%) per cent. interest from j
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date of issual and shall be issued by the Commissioner of Public Finance)
upon order of the Board of Commissioners. Said Improvement warrants
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shall be negotiable, and shall constitute a lien upon the local taxes
to be hereafter levied Tor such improvement, and shall be pzyable at thei
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office of the Commissioner of Public Finance, without notice to the
holder thereof, upon completion and acceptance of the work herein pro-
vided for, out of the first collection of such local taxes, or out of
the proceeds of the sale of any Iml)rovement Bonds issued in anticipatioI
of such local taxes. The interest on such Improvement warrants shall
be estimated and assessed as a part of the cost of the improvement here=
in provided for.
SECTION 6.
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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.
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RECORDED I1Y 4th 1920.
PUBLISHED I:11Y S , 1920.
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