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HomeMy WebLinkAboutOrdinances Book 7, Page 606, No Ordinance NumberAN ORDINANCE PROVIDING FOR THE CONSTRUCTION OF CONCRETE OR KEN- TUCKY ROCK ASPHALT SIDE�7ALKS, CURBS, GUTTERS, TOGETHER WITH ALL NECES- SARY i.TANHOLES, INTAKES, SEWERS AND CATCH BASINS, ON BOTH SIDES OF NORTH; SIXTH STREET FROI,I THE FORTH PROPERTY LIME OF 1,1ADISON STREET TO THE SOUTH PROPERTY LINE OF TRI1,1BLE STREET, IN THE CITY OF P?DUCAH, ia7NTUCKY,, AIdD PROVIDING TFT THE SATTE SHALL BE CONSTRUCTED UPON THE TEN YEAR • I PAYI:IENT PLAN AT THE COST OF THE PUTTING PROPERTY MUMS. I BE IT ORDAINED BY THE BOARD OF 0018TISSTONERS OF THE CITY OF PADU- CAH, KENTUCKY: SECTION 1. That the sidewalks, curbs and gutters, together with the necessa- ry manholes, intakes, catch basins and sewers on both sides of North Sixth Street from the North' property line of Madison Street to the South property line of Trimble Street, in the City of Paducah, Ken- tucky, be, and the same are hereby ordered to be constructed; that said sidewalks and gutters shall be constructed of concrete or Kentucky .I Ordinance No._ - .- ------ Rock Asphalt material and the curbing shall be of reenforced concrete, suitable in all respects for such construction, and all to be done in strict accordance with the plans, grades, specifications, widths and pro- files prepared in the office of the Commissioner of Public works, and all of which are adopted as a part of this Ordinance as fully as if embraced or attached hereto and 3m.de a part hereof, and are msrked "A" for more specific identification. SECTION 2. That said work shall be constructed under the direction and super- vision of the Commissioner of Public VTorks, and shall be commenced at a time designated by contract for the performance of said work, and completed on or before six months after the passage and recording of this Ordinance. SECTION 3. That the cost of such construction of said sidewalks, curbs and gutters, and the necessary manholes, intakes, catch basins and se-jers, I shall be paid for wholly by the property owners abutting or fronting there -I on, 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 number of front feet abutting thereon, except the corne lots abutting upon said improvement shall pay for the entire cost of all of the intersections, in addition to the abutting -property immediately in front thereof. SECTION 4. i 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 o3 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- tuck�, 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 wo-rkj herein provided for, except 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 'cork 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 Vlorks, to the extent of Sixty-five (65%) per cent. of the value of the ^rork, done or materials fur- nished by the contractor during the progress of the work, and said Improve- ment udarrants shall bear six (6%) per cent. interest from date of issual and shall be issued by the Commissioner of 2ublic Finance upon order of the i Board of Commissioners. Said Im-orovement Warrants shall be negotiable, and i, No. 0 Ordinance No.------. shall constitute a lien upon the local taxes to be hereafter levied for such improvement, and shall be payable at the office of the Commission -i er of Public Finance, vrithout notice to the holder thereof, upon com- i pletion and acceptance of the work herein provided for, out of the first collection of such local taxes, or out of the proceeds of the j stele of any Improvement Bonds issued in anticipation of such local taxes. The interest on such Improvement IVarrants shall be estimated and assess= ed as a part of the cost of the improvement herein provided for. SECTIOK 6. 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 L_.Y 11th 1920. ie PUBLISHED L Yyy�� !� 1920. I,2 JD 717 I T_dayor .