HomeMy WebLinkAboutOrdinances Book 7, Page 765, No Ordinance NumberNo. y
Ordinance No..____ _.._
AN ORDTHIUCE .1 , ;L:,JT_"r; 774 '_t L'mTT'; = PROPERTY ON BOTH SIDES OF
SZVEIdTH WnV T, .ROM TUX OOUTr CU2 LIM.E OF JAC'.i3C:,' 3TEYT TO 07L
CURB LINE OF JOH, i ST212T, jrr T-2 C17Y OF PADUCA7, -AFTUVY, mrE juy ren
02.007362 PER ABUTTIUG FOOT 7 n r.'' JI j RLJ'TTO OF 0070 YTEI o.�',
CURBS AND 7 -ERS, AMD ALL P Ci,: 612L i AU IOL;S, Ii Li" S, :isa '
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FC2 ._ )D OF PET WAIS.__
PI:EREAS, the Hoard of Commissioners of the City Of Agdu-cah, P_en-
tucky has heretofore, to -wit: on the 4th day of April, 1921, adopted an
ordipance entitled, r'>;
CL .. _ 7 t. ?3, AMD ALL TW7011y a_, T. J, Ii'.
T.'_ , 4, 007 SIDES Ola TI
TTE
0 77 Lin? 02 ?^.i.ES ST27ET, IN THE
I
77 n 7 7T T i Lr. _':>T1) F03 UPON
in accordance with said Ordinance it was provided that
the cost of construction of said sidewalks, curbs and gutters, and all
necessary manholes, intakes, sewers, catch basins and driveways, shall be
Paid for by the abutting Property owners, onboth sides thereof, except
that portion to be paid for by the City of Paducah, as required by law;
and,
i.P,TEREL?S, pursuant to said ordinance, a contract was entered into
by end between G. 1. Matterjohn. °- Son, Contractors, of Paducah, Kentucky,
and the City of Paducah, Kentucky, for the construction thereof; and,
17EREA3, said contract has been completed, in all respects, and
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the work thereof finished and accepted by the Board of Commissioners, of
t .e City of Paducah, Kentucky, on the 26th day of September, 1921, pursu-
art to the recommendation made therefor by the Commissioner of Public
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Affairs, and the _;n iocer's estimate of the cost thereof having been con- �
firmed, NOT, THE;?EFO'?_;, -
I -
BE IT ORDLI111) BY TTE BOARD OF CO].u.IISSIOi' _2S OF T]": CITY J' P_'.DU-
C_ F,;_E]?TUOKY: I
- I
S'E CT I O'' 1.
That all of the property on both sides of Seventh Street, :from the
South curb line of Jackson Street to the 'forth curb litre of Jones Street,
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in the City of Paducah, Kentucky, be, and the same is hereby assessed the �
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sum of .;2,037362 per abutting foot, for the cost of construction of said i
sidewalks, curbs, mutters, manholes, intales, sewers, catch basins and
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driveways.
SECTIO''' 2.
That all of the funds derived from the assessment of said property
No. [, =—
Ordinance No
aforesaid, 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 Paducah, pursuant to Section 3101 of the Kentuci7y atatutes.
SECTIO)'+ 3.
That pursuant to :vection 3101 of the .ent:ucicy Statutes, said
assessments may be, at the option of the property owners, payable in
cash within thirty (30) days from the publication of this ordinance, or
in ten annual installments as provided in said section.
S)hCTTO T 4.
In order to provide a fund for the imjT;ediote payi:aent of the cost
of that portion of the said assessment i,.hich may be paid on the men
Year 7 -,7rnent plan, the City of "aducah ira.y issue and sell improvement
bonds, and,to secure the payment of said bonds, there is hereb;T pledged
such taros and liens on the property assessed herein for the payment of
the principal and interest, but sncl, bonds shall not be sold for less
than par end .lie proceeds thereof applied exclusively in payment of the
improvements hereinbefore mentioned, and such ,bonds, if issued, shall
bear interest and shall. be payable in accordance with ',he provisions of
Sections 3101 and 3102 of the `:entucl.;T dtatutes.
TMI 5.
This Ordinance small t.a'..e effect and be in force after its
n^ssage, record and publication.
�. i`ay0r.
'7 '7th, 1921 V,
;_.7 r 27t� , 1921.