HomeMy WebLinkAboutOrdinances Book 7, Page 756, No Ordinance NumberNo.Lj--l", _
Ordinance No.
AIT ORDIIr IIC I'I?OVIyI;TG _''OR ..II "J,11 .'TICI' B"'. Fr1
0-2' TI" CI'.7 OF l;..OUCAH, I:3I?TU6YY, TO 73_; Ii:.I.J OI' "_'r_
DAY, 1?0'I:.73_ n 8T" 1921, Ih THH CT ^Y OF, TU
TlL., : U•): TiOi: 7,7"CITY 01' _ _.:i; C:'.. I1. .` 0OF
CITY TO , ;Ix 'P.r_:.(•.r600,000.00)
C. II; S...'::3 LI:.'i_.ICT ,.`5, :'.0 1 LJ:;nU:'i'I' OR
CITY OT P..DUC:.II
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__.
That there is hereb-.7 callea an election in•the City of Pa'uc•n:n,
I:ertucky, to be hely on the 8th say of ?November 1921, bet-;!oen the same
hours ans by the same election officers consucting the =omnlar Election
of St.rite, Cornty an,! City offic^.rs for the pegs 1921, for the pur-gose
of submittir'g to the aT.ali fie' electors of t;^e City of Pa'ucah, I'entuckz
the ouestion of the issuance of Six ;'.tn'res Thousan' (.;600,000.00)
Dollars of bonds of the City -Of Pa'n.c•ah, Y.entucky, for the purpose of
constructing trrsl: line se:-ers in Sub-'ivl.sions a , B. an' C. in Serer
'Tistrict 7#3.
=CTIM. 2.
That the cair' tors, schen so issue', shall be payable to bearer
in 'orty „ears (40) from the 'ate thereof, at the Unite' States I.:ort-
?a. -e an' Trust ComparnT in the Citi of ITerr York
„:'CTTC:- 3.
That the sai' bon's shall 'ra"r interest at the rate of five
(5;) Per Oe;:�tmn "ler a.nnuin, sai' interest to be 'ue an, pa.-.ble semi-
annuall-,, at the I'ii te' States _'ort^'ame an' `frust Company i- the City of
York.
53C`CIOl.` 4.
That the City of Pa'ucah, 1_,,'entucky shall levy a tax upon all of
the asnessable p_•operty-.'ithin the City of Pa-ucah, Kentacl�y each year
'urinx; the life of sai' bon's, sufficlent to raise the sum of not
e._cee^ink Thirty Thousan' (,,;30,000.00) collars, to pay the interest on
said bon's 'u in the life thereof; sa..i' amotuTt to be asjustes each yea:
to meet sai' interes:t.
SCTIOT; 5.
That the City of Pa'uca.h, :entucky shall levy; a tax upon all. of
the asses :able property in the Citi* of la'ucah each an' eve;.•;- year 'Lr_
in telife of sai.' bon's, sufficient to raise t'r_r: sum of not e7,cees-
i.7)g Fifteen .-P},oucan' (5M,OOO.00) Doll^rs, each =ear, to create a
No. _/ J
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Ordinance No.. ----
Sinking fund for the palnent of said bonds at the maturity thereof.
SMOT10K 6.
That the sai" bon's, when so issued, shall be in the name of the
City of Paducah, Kentucky and shall be in denominations of One Thousand
(o1,000,00) nollars each, anP for the paynont of ,rh1ch, at the mate --ritzy
thereof, the City of la"ucah ploPgas its goo" faith an' credit.
SEOTIOH 7.
That sail ban's shall not be issued unless two-thirds on all
the Q7n1ifjeA electors of the saie City voting on said question shall have
voted in favor of incurriny such iniebtelross, ail_" the issuance an" sale i
of sail bonds as herein rrov!OeA, aro the fosult of sail election shall
be cortifieA to accor"inn to law.
SECTION 8.
A certified copy of this OrOinance shall be Mel with the
1 Co-nty Court 00erk of EcOracken County not less than thirty lays before I
Hovember 8th, 1921, an, a copy of this OrPironce shall be published in
the Official Yensparer of the City of TaoPoah for at least.two weeks just
preceeding the election to be held on November 8th, 1921.
SE07r1):-. 9.
That the Clerk will have printed upon the ballots to be Peliver-
', el to the qualified electors in each precinct in the City of PaOucah,
_:ortKchy, at the november Election, November 8th, 1921, the folloning
question:
"ARE YOU IN TIME 02 CHI CITY 07 TA-UCAH isgum AND
SELLING six HUNDRED (,;,;600,000.00) nPITYRS C? SOPQ OF
THE CITY OF PLMOAH. P07 "T 1 C TT?Tjlj'
! 1, INE
S37ARV K VB -07! MES A. B. AF- C. Ti-! -)IS7..rCT 73, So AS
TO -,�11 anim CITY OF in -um,
MITUM, 11YA79 M 0_:09 (40) 1i R011 THE MT3 TPYRZ02, ANA
BA2 M 0 MEW AT THE TIE C 1 1 -'-:1 '-71;Tu7L 1 --:-. All
7M WE !AV2ZT O 7!0- 15VEM? TH2 SUL OF NOTEXCEEDING
THIRTY THOUinr- (030,000,00) WIT= 7111 BE RAISE, BY GERERAL
TAXATION OF All (C 7n Y== PROZITY IN THE CITY OF FAKOAH
EACH YEAR, 3AIA AIMIJUT To �: A.0 EACH YEAR TO MET SUCH
i"j-') --'O--' THE OREATIOT 02 TO RA IRE SAID
BON -J'S, Ay YMEOP, A SM! NOT TO EXCEED FIFTEEN THOU-
SAnD (015,000.0u) SHLLL BE 2'.ICED BY GFN?.AL OF .'.I.L
OF THZ TAXABLE !I! CITY OF PAIiOAW Y -I'_ MIEG THE
LIF:,' OF TDONUSV'
SECTION 10.
This Ordinance shall take effect from and after its passage,
I r —orl and publication..
VV/
7..
Taw
No._ Z�--/
Ordinance No.----
RECORDED
o._RECORDED SsPTZEBER 19th, 1921. -
PL'BiISII' D IV 1921.
API ORDINANCE PROVI)III-G FOR T".Is COUS'fRUCTION OF CO1CDI;1'E
IiP'1:,LI.S,
CURBS 1U7, GUTTI2S, AZ_U ?.L11 Id�UESSLRY L'l,I?HOI;ES.
S i Cr".TCH BSI1dS ON `i'H :;rST SIDE OL' GOEBEL f.ViIIUE, I�'ROI:i TII
EAST 1PROIER71' 1IITE OF GOEB'r'.L A'P:IiUI; TO ,, TOINT 'THERE THE SOUTH CURB
LII'.'v of
-TORTEN' S AVT a UE, IF EXTE11DED,
7."OULDII `P"�RSisCT THE "EST
PROPERTY
LIITE OF
GOEBEL AVEI:UE; A150 '.3iE EAST
.:IDE 01 GO-WREL AVENUE,
FROL A STAY
S T OI'PO:
ITE TINE FRONT OF THE BUII,JIIdG
NO71 OCCUPIED BY THE
UTTIOP? DRUG
S^LORE, TO THE SOUTH CURB LIIT OF :'{03TETT' S AVENUE, IN TH CITY OF PADU-
C1H, L'1=CXY, AT THL COST OF TIIE ;3UT`i'IPTG IRO =TY 01:11:25, 11fi) PROVID`
IT G '. AT SATIE I,1AY BE PAID FOR UPON THE 1 EII YE -gip FAYI.L7NT PT.N.
BE IT OR.u1IIED BY T=ZI BOAR2u OF C011.IIS3IOl=ERS OF `.n CITY OF
P_LDUCAH, I,_.,1MG1_Y:
S_'MION 1.
That the sidewa]l:s, curbs and gutters, to^ether with the
necessary manholes, intakes, catch basins and sec.=ers on the `'fest si*'e
of Goebel Avenue, from the East property line of Goebel Avenue to a
point -::here the South curb line of ^orten's avenue, if extenrleq, wouls
intersect the '.lest property line of Goebel Avenue; also the East sirle
of Goebel Avenue, from a stake set opposite the front of the builAing
now occupieR by the Union '}rug Stonre, to the South curb line of :7or-
ten's :_venue, in the City of Pa,'ucah, Kentucky, be, anA the same are
hereby or;'erer7 to be constructeil; that sai' sie'ewall.s, curbs ane' gutters
shall be constructe% of concrete material, suitable in all respects for
such construction, ana all to be Rohe in strict accore'ance ,-dth the
plans, graces, specifications, '..irlths ane' profiles prepared in the
office of the Commissioner of Tublic Affairs, ane' all of which are
aaopteA as a pext of this Ordnance as fully as if embrace' herein or
attache' hereto an, mage a part hereof, an -1 markes "A" for more specific
iaenti.ficat ion.
SECTION 2.
That saia work shall be constructs' unrle-r the li-rection an,'
supervision of the Commissioner of Public Affairs, ane' shall be com-
mence,' at a time P'esignate% b77 contract for the performance of sai'
ciork, ana complete' on or before Three months after the passage an"
recorAirg of this Orainance.
SECTIOIT 3.
That the cost of such construction of saia siaevlalks, ciurbs
an% pu.ttors, an' the necessary manholes, 'intakes, catch basins ana
so -:.-ors, shall be pai-' for wholly by the property o.mers abutting or
frontia-g thereoi;, to be apportions,' to enc assesses against the propert;