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HomeMy WebLinkAboutOrdinances Book 7, Page 592, No Ordinance NumberOrdinance No.-- AN o. —AN ORDINANCE PROVIDING FOR THE RECONSTRUCTION OF THE DRIVE'NAY: ON NORTH FOURTH STREET, FROI:I THE NORTH PROPERTY LINE OF JEFFERSON STREET TO THE SOUTH PROPERTY LI14B OF CLAY STREET, IN THE CITY OF PADUCPH, KEIT- TUCKY, AT THE COST OF TRE ABUTTING PROPERTY HOLDERS, AND PROVIDING THAT SAID IIMOV0.:ENT SHALL BE TrIADE UPON THE TEN Ya4R PAYP,IENT PL! N. i BE IT ORDAINED BY THE BOARD OF COP;C:IISSIONERS OF THE CITY OF PADUCAH, KEPTUCL'Y: SECTION 1. That the driveway on North Fourth Street, from the North Pro- perty line of Jefferson Street to the South property line of Clay 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 Kentucky 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, widths and profiles of the Commissioner of Public Ylorks, 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 specific identification. SECTION 2. That said work shall be constructed under the direction and supervision of the Commissioner of Public 1.7o-rks and shall be commenced at a time designated by contract for the performance of said work, and j 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 paid for wholly by the property owners abutting or fronting thereon, on both sides thereof, to be apportioned to and assessed against the pro- perty and property owners abutting thereon, on both sides thereof, according to the number of front feet abutting thereon, except that the City of Paducah shall pay subh portion of such costs of construction as required by law. SECTION 4. The contractor awarded the contract for the work herein pro- vided for shall be paid only from the funds arising from the Special Tax"bills and assessments against the property abutting the improvement; herein provided for, and in no other way,- except that the said con- tractor 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 � i class of the State of Kentucky, and for the payment of which said tag bills and assessments may be pledged by said City of Paducah; and in no event shall the said City of Paducah be lial?le to the contractor for the construction of any of the work herein urovided for, except that the said City of Paducah shall be liable to the said contractor :for the ex- e No. !LL_ Ordinance No.-. cess of Fifty (500) per cent of the value of any property assessed for the construction of the work herein provided for. SECTIOPI 5. I The contractor awarded the contract herein pr ovided for shall be paid monthly by Improvement Warrants, issued by the City of Paducah upon estimates furnished by the Commissioner of Public CJorks to the extent of Sixty-five (65%) per cent of tho 'value of the work done or materials fur- ' nished by the contractor during the progress of the work, and said Im- provement-Warrants m-provemen -Warrants shall bear six (60) per cent interest from date of issual and shall be issued by the Commissioner of Public Finance upon order of the Board of Cormnissioners. Said Improvement Warrants shall be negotia- ble, and shall constitute a lien upon the local taxes to be hereafter levied for such improvement, and shall be payable at the office of the Comnissioner of Public Finance, without notice to the holder thereof, upon completion and acceptance of the work herein provided for, out of the :first collection of such local taxes , or out of the proceeds of the sale of any Improvement Bonds issued in anticiva.tion of such local taxes. The interest on such Improvement ';Iar-rants shall be estimated and assessed as a part of the cost of the improvement herein provided for. SECTIOR' 6. Bids shall be received for the construction of said work out of concrete, tarvia or Kentucky Rock Asphalt,. according to plans and specifi cations made and provided therefor by the Conunissioner of Public ',Jorks, and reported 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 contract therefor to` the lowest an'd best bidder, except the right is expressly reserved to re- ject any and all bids, within the discretion of said Board of Commission- ers. SECTIOIJ 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. RECQRDED I1AY 11th, 1920. PUBLISHED MA:Y JV!' u' , 1920. I;ia yor . -y.