HomeMy WebLinkAboutOrdinances Book 7, Page 582, No Ordinance NumberAN ORDINANCE PROVIDING FOR THE COVSTRUCTION OF THE DRIVEWAY
ON NORTH ELEVENTH STREET, FROla THE SOUTH PROPERTY LINE OF FINLEY STREET
TO THE 110RTH PMPERTY LINE OF BURNETT STREET, IN THE CITY OF PADUCAH,
IENTUCKY, BY GRADING AND GRAVELING SAIc]E, AT TIS, COST OF THE ABUTTING
PROPERTY HOLDERS, AND PFUVIDING THAT W.E; MY BE PAID FOR ON THE TEN
YEAR PAYMENT PLAN.
BE IT ORDAINED BY TSS; BOARD OF COI ,1ISSIONERS OF THE CITY OF
PADUCAH, SEIYTUCXY:-
SECTIOIQ 1.
That the drive -way of North Eleventh Street, from the South
property line of Finley Street to the North property line of Burnett
Street, in the City of Paducah, Kentucky, be and the same is hereby
ordered to be constructed; that said street shall be constructed by
No.
Ordinance No._
grb.ding and graveling same, and all to be done in strict accordance with
the plans, grades, specifications, widths and profiles of the Commissioner.
of Public works, prepared by him for such purpose, all of which are adopt-
ed 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 specific identifi-
cat ion.
SECTION 2.
That said work shall be constructed under the direction and
supervision of the Commissioner of Public Vdorks, 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
Or dina no e .
SECTION 3.
That the cost of such construction of said street shall be paid
for wholly by the property ovmers abutting or fronting thereon, on both
sides thereof, to be apportioned to and assessed against the property and
property owners abutting thereon, on both sides thereof, according to the j
number of front feet abutting thereof, 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 provided
for shall be paid only :from the funds arising from the Special tax bills
and assessments against the property abutting the improvement herein pro-
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 thea
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 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 herein 'Tzovided for, except that the said City of Paducah
shall be liable to the said Contractor for the excess of fifty (500) 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 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 rmterials fur-
nished by the Contractor during the progress of the work, and said Improve;
sent warrants shall bear six (6%) per cent. interest from date of issual
and shall be issued by the Commissioner of Public Finance upon order of
the Board of Commissioners. Said Improvement 'Warrants shall be negotiable,
and shall constitute a lien upon the local taxes to be hereafter levied for
such improvement, and shall he pa:Vable at the office of the Commissioner of
Public Finance, without notice to the holder thereof, upon completition and
Ordinance No.
acceptance of the work herein provided Tor, out of the first collection
of such local taxes, or out of 'the proceeds of the sale of any Improve-
went Bonds issued in anticipation of such local taxes. The interest
i
on such Improvement warrants shall. be estimated and assessed as a part of the
cost of the improvement herein provided for.
SECTION 6.
This Ordinance shall take effect and be in force ten (10) days
after same is adopted and -recorded; -provided -petition, according to laic,
for a referendum vote hereon has not been filed within said ten days.
RECORDED I. --AY 4th, 1920.
PUBLISHED 11 Y Q"` 1920.
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