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HomeMy WebLinkAboutOrdinances Book 7, Page 595, No Ordinance Numberi AN ORDINANCE PROVIDING FOR THE RECONSTRUCTION OF THE DRIVEWAY ON BROAD13AY, FRO! --THE EAST PROPERTY LINE OF SEVENTEENTH STREET, (OR FOUNTAIN AVENUE) TO THE HEST PROPERTY LINE OF TilENTY-FIFTH STREET, BEING APPROXI- MATELY 3210 LII4FP.R FEET, IN THE CITY OF PADUCAH, KENTUCKY, AT THE COST OF THE ABUTTING PROPERTY HOLDERS, AND PROVIDING THAT SAID IMPRO& ENT SHALL BE lvi-DE UPON THE TEN YEAR PAYMENT PLAN. BE IT ORDAINED BY THE BOARD OF COMMISSIONIRS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the driveway on Broadway, from the East; property line o3 No. Ordinance No. Seventeenth Street, (or Fountain Avenue) to the ''Jest property line of Twenty-fifth Street, being approximately 3210 linear feet, 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 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 part hereof,'an d marked "A" for more specific identification. SECTION 2, That said work shall be constructed under the diroction and supervision of the Commissioner of Public Works, and shall be commenced; at a time designated by contract for the performance of said Mork_, 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 paid' Tor wholly by the property owners and 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 such portion of such costs of construction as required by lata. 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 provided 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 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 con- struction 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 by Improvement darrants, issued by the City of Paducah upon estim€.tes furnished by the Commissioner of Public '.:corks to the extent of Sixty-five (65;x) per cent of the value of the work done or No. - i Ordinance No.__. materials furnished by the contractor during the progress of the work, and said Improvement ilarrants shall bear six (60) 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 Im-1z7ovcment ela.rrants shall be negotiable, and shall constitute a lien upon the local taxes to be hore- aftor levied Lor 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 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 anticipation of such local taxes. The interest on such Improvement 'Aarrants shall be estimated and assessed as a part of the cost of the improvement herein provided for. SECTION 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 Commissioner of Public '.'forks, 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 atiard the contract there- for to the lowest and best bidder, except the right is expressly -reserved to reject any and all bids, vnthin the discretion of said Board of Com- missioners. 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 .Athin said ten days. RECORDED LaY 11th, 1920. PUBLISHED MAY )3 1920. pii� s �D IeL: OR - F3ert --7r -.5.