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HomeMy WebLinkAboutOrdinances Book 7, Page 746, No Ordinance NumberAN ORDINANCE ASSESSING TIE ABUTTING FROPERTY ON BOTH SITES OF TENTH, ELEV ITTH, T 1ELFTH, THIRTEENTH, i'OURTEEPTTH _.IM SIXTE :NTH STREETS, FROLI Tll': IIO'_r TH PROIERTY LINE Oz' BRO:-D?!'AY TO TFE SOUTH PROP_RTY LINE OF JEi--ER50N STREET, IN THE CITY OF PADUCAH, KENTUCXY, THE SUI( Ok $2.1222 PER ABUTTING FOOT _OR THE CONSTRUCTION OF SACD DRI7IE3AY ,"ITH CONCRETE ON TENNI STREET; $4.1056 ON ELEVENTH SMR EET; 'g3.8211 OPT '2117ELFTH STREET; $3.8732 ON THIRTEENTH STREET; $1.8538 ON FOURTEENTH STREET; AND $3.2021 OPT SIXTEEITTH STREET, AIM PROVIDING T=IAT THE COST OF COITSTR-oI;TION OF SAID DRIVEWAY BFB CHARGSBLE TO AND ASSESSED AGAINST THE PROPERTY RECFIVI THL BENFFlT OF SAME, AS SHOWN BY THE ENGINEERS ESTI!-.TES OIT FILE IS HIS OFFICE AND PROVIDING THAT SAID ASSESSMENT I,IAY BE PAID IIT TEP: EQUAL IIT- STALT14ENTS, BEING 0I11' L_>CH YEAR FOR A PERIOD OF TEPT YEARS. II MEAS, The. Board of Commissioners of tr_e City of Paducah, No. f 7 Ordinance No. Kentucky, has heretofore, to -wit: on the 11th day of April, 1921, adopted I'an ordinance entitled, "AN O:MINANCE PROVIDING FOR THE CONSTRUCTION OF TITEE nRIVEIVAYS ON TENTH, ELEVENTH, T-17ELFTH, THIRTEENT', FOURTEENTH AND SIX- TEENTH STREETS, FROM THE NORTH PROPER'T'Y LINE OF BROADVIAY TO THE, SOUTH ;PROPERTY LINE OF JEFFERSON STREET, IN THE CITY OF PADUCAH, KENTUCKY, AT -THE COST OF THE ABUTTING PROPERTY O"'ITERS, :ITP PROVIDED THAT SALT, ILLY BE CONSTRUCTED UPON THE TEN YEAR PAYLIENT PL1.I1." WHEREAS, in accordance with said ordinance, it was provide,' that the cost of the construction of said street 'be pain for by the abutting property owners,on both sides thereof, except that portion to be paid for byvthe City of Paducah,.Y.entucky. as required by law; and ;7HMEAS, pursuant to said ordinance a contract was entered into on the 10th day of may 1921, by and between Eaker and Storrie, Contractors, of PaPucah, Kentucky and the City of Paducah, for the construction tnereof;' and, ME'REAS, said contract has been completed, in aii respects and the work thereof finished and accepted by the Board of Commissioners of the City of Paducah, Kentucky, on tae 22nn day o:L August, 1921, pursuant to ti!e recommendation made t:e-refor oy the Commissioner o= -ublic Affairs, of the City of Paducah, Kentucky, and pursuant to a motion made oy said Com- . ! missioner, which motion was duiy carried, TIO,?, THEREFORE, BE IT ORDAII7ED BY THE BOARD Or' CO'Sd_SSIOITERS OF TEE CITY 0 ' FADUCAH, KENTUCKY: SECTION 1. That all of the property on both sides, of Tenth, Eleventh, T-,elfth,' Thirteenth,'r'oucte'&i 'and Sixteenth Streets, from the north property line of Broadway to the South property line of Je_.._erson Street, in the City of Paaucah, Kentucky, be and the same are hereby assessed for the cost of construction of said streets for paving same with concrete as follows,i:o-wit: " On Tenth 'treet, the stun of X2.1222 per abutting foot. On Eleventh Street, the sum of 14.1050, per abutting foot. On Twelfth Street, the sum of '73.8211, per abutting foot. On Thirteenth Street, the sum of X3.8732, per abutting foot. On Vourteenth Street, the sum of 1.8538, per abutting- foot, and On Sixteenth Street, the sum of 3.2021, per abutting foot.,, i As shown by the Engineer's estimate which is on rile in his office, which it ('estimate is made a part hereof. bECTION 2. That all of the funds derived from the assessment oa said property ii iaforesaid shall be used for the purpose of paying off the Special Tax bills issued against said property, or such bonds as may be issued by the City ''of raducah pursuant to Section 3101 of the Kentucky Statutes. SECT I011 3. That pursuant to Section 3101 of the-entucicy Statutes, as amended and re-enacted by an Act oft,the General Assembly of the Commonwealth of No.-I-0ā€” Ordinance o.-Iā€”0 Ordinance No_ Kentuc!:: of 1910, entitled, "AN ACT TO AMEND AND RE-ENACT SECTIONS 3094, 3096,3097,3098,3099, 3100 and 3101 OF THE KENTUCKY STATUTES RELATING TO THE CONTROL AND I&IPROVEMENT OF STREETS, PUBLIC 1AYS, IJ NDINGS, WHARVES, GROUNDS _,PID SIDEWALKS IN CITIES OF THE SECOND CLASS," said assessments may be - at the option of the property owners - payable in cash within thirty (30) days from the riate of the passage and recording of this Ordinance, or in ten (10) annual installments, pursuant to the provisiox of said Statute. SECTION 4. In order to provide a fund for the immediate payment of the cost of that portion of the special assessments herein provided for, which may be paid ibn the IIISTALLI[ENT-PAYIe!Ei,T-PLAN, as herein provirled for, the City of Paducah may issue and sell Improvement Bonds, and to secure the i payment of which bonds,. there is'hereby pledged such taxes and liens on the property assessed herein for the payment of the principal and interest on such bonils, but such bonds shall not be sold for less than par, and the proceeds thereof applied exclusively to payment for the improvement of said street as hereinbefore mentioned, and such bonds, if issued,shalT I bear interest and shall be payable in accordance with the provisions of Section 3101 of the Kentucky Statutes, as amended and re-enacted by the General Assembly of the Commonwealth of Kentucky of 1910, and contained in said Act hereinbefore mentioned. SECTION 5. This Ordinance shall ake effect and be in force from and after its passatge,.record and publication. ā€” Ka yor. Published August 24th, 1921. Recorded. August 27th, 1921.