HomeMy WebLinkAboutOrdinances Book 7, Page 777, No Ordinance Numberw
AD ORDIUVOE ASS33SIRG THE ABOTTIVI 11000aTY OTT THE 17ST STDA OF.
BRO-D STRE3T, MOY THE II'91`23FCTION OF FOURTH 17D EROAD STREETS, TO THE
DIVIDIIIG ILV 0:27E_21 THE '—ROIERTY OF LOUIS PAT= AIM FRANK FETTER, Ii
THE CITY 03 YWOUC.LH, 1L?I_.'T1jCKY, THE SUZ OF $1.0518 PER ABUTTIUG FOOT FOR
THE CorSIRUCTIOU OF COVORETT 1:0 -&Tb, AS SNO"T BY THE AUGINZERIS ESTI-
j.1 T3, EXC j;T T 'T-; TC) -A TOR BY THE CITY OF TADUCAH, KATTUCKY
AIM TROVIDING TVA T KAIS n32n40= T = BE PAID FOR IN TEK EQUAL IrCTALL-
LEITS, BEII;G-ONE -lop Y02 Y2S 1 Y12ICD OY TEN YEARS.
WHEREAS, the Board of Commissioners of the City of Paducah,
Kentucky has heretofore, to -wit: an the 19th day of September, 1921,
adopted an ordinance entitled, "1011 ORDINANCE PROVIDING FOR THE OONSTRUOTM;
OF OCKCITSTE CURBS --_D AID ALL NEC33SARY
T&GS, SZWERS AID CATCH BASIYS Or = .::ST STD : 01' BNOLT) 11,11-IRFHT, FRO'.'. 7.H3
INTERSECTION OF FOURTH AIM BROAD 802ATS, TO THE DIV IDIFG LINE BEVEEF
THE IROPHATY OF LOUIS P, :T -1,_',R Ar -D FR_„= TETTRR, In 7HS CITY OF PADUCAH, 1
HIEUTUOXY, AT THE' COST OF TITS ABUTTTG T.?0-PERTY 077�0,?S, -LI70 7-RO'71DTI1G THAT
SaE IMY BE !AID FOR UION THE TEN YEAR PAYMENT FIAU;" and,
MIERA2i,9, in accordance with said ordinance, it was provided that
the cost of construction of said sidewalks, shall be paid for by the ebut;�,
ing property owners, except that portion to be paid by the City of Paducah; i
as required by law; and,
pursuant to said Ordinance, a contract was entered into
by and between Eaker & Storrie, Contractors, of Paducah, Kentucky, and the
City of Paducah, Kentucky, for the construction thereof; and,
REAS, said contract has been completed, in all resects, and
the work thereof finished and accepted by the Board of Commissioners of
the City of Paducah, Kentucky, on the 3rd day of December, 1921, pursuant
to the recommenlatior made therefor by the Commissioner of Public Affairs,
and the Engineer's estimate of the cost thereof having been confirmed; now,.
therefore; -
BL IT ORDAINED BY THE. BOARD OF COj,.J,1jS.-,T.O1TER'S OF THE CITY OF
No. -7 ._..._
PADiIC_H, }:3I1TTUCICY:
Ordinance No.-
S;CTICi? 1.
That all of the property on the "Jost side of Broad Street, from
the intersection of Fourth and Broad Streets, to the dividirtR line be-
t'oen the property of %ouis Petter and Frank Petter, in the City of
Paducah, I.entucky, be, and the same is hereby assessed the slim of :�1.06iE
per abuttinF7 foot, for the construction of concrete sidowalks.
SECTIOI' 2.
That all of the f;;nds derived from the assessment of said pro-
perty aforesaid, shall be used for the purrose of paving off the special
tax bills issued aF;ainst said property, or such bonds as may be issued b;
the City of Paducah, pursuant to Section 3101 of the Kentucky Statutes.
i
SE'CTIOII 3.
That pursuant to Section 3101 of the Kentucky Statutes, said
assessments may be, at the option of the property o -rens, payable in
cash -within thirty (30) days from the publication of this Ordinance, or
in ten annual ir_stallmonts, as 'provided in said Section.
SECTIOI; 4.
In order to provide a fund for the immediate payment of the cost
of that portion of the said assessment :!hick may be paid on the Ten Year
Pa,.r:.ent Ilan, the City of Paducah may issue and .sell improvement bonds,
and to secure the payment of said bonds, there is he-reb- pledged such
taxes and liens on the property assessed herein for the pa /Ment of the
principal and interest, but such bonds shall not be sold for less than
par and the proceeds thereof applied exclusively in payment of the im-
provements hereinbefore mentioned, and such bonds, if issued, shall. bear
interest, and shall be payable in accordance with the provisions of
Sections 3101 and 3102 of the Kentucky Statutes.
s.cTIOIT �.
This Ordinance shall take effect and be in force after its
passage, record and publication.
i'ayor. .
..._:COHDM D: C LB?3 5TH 1.121.)
L''--IST�sD n �� 1921.