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HomeMy WebLinkAboutOrdinances Book 8, Page 1038, No Ordinance NumberNO. ln3S M AN ORDINANCE ASSF89111G THE ABUTTING PROPERTY ON BOTH SIDE'S OF SIXTH STREET F�014 THE SOUTH PROPERTY LINE OF TEIINESSEF. STREET TO THE ".'F.°T PROPERTY LINE OF BROAD STREET; BROAD STREET FROI,' THE EAST PROPERTY LINE OF SIXTH 'STREET TO THE SOUTH PROPERTY LINT;; OF BRIDGE STREET, IN THE CITY OF PADUCAH, KENTUCKY, FOR THE COST OF CONSTRUCTION OF A HARD SURFACE ROAD':7AY, CONSISTING OF A CONCRETE FOUNDATION ':''ITH A SHEET ASPHALT TOP, AS SHOWN ON PLANS, TOGETHER WITH ALL NECESSARY MANHOLES, INTAKES, CATCH BASINS, DRIVE`iAYS AND SE".;ER PIPE COIIIIECTIOITS, EXCEPT THAT PORTION -TO BE PAID FOR BY THE CITY OF PADUCAH, AND PRG•IIDING THAT SAID COST KAY BE PAID IN TEN ANNUAL INSTALLt.ENTS UPON COMPLIANCE 911ITH THE KENTUCKY STATUTES APPLICABLE T11ERETO. ",'HEREAS, the General Council of the City of Paducah, Kentucky, has heretofore, to -wit, on the 14th day of July, 1926, adopted an ordinance, entitled, "AN ORDINANCE PROVIDING FOR THE II.?PROVET:?ENT OF SIXTH STREET FROM THE SOUTH PROPERTY LINE OF TENNESSEE STREET TO THE "EST PROPERTY LINE OF BROAD ST7HET; BROAD STREET FROI'.I THE EAST PROPERTY LINE, OF SIXTH STREET TO THE SO"TH PROPERTY LINE. OF BRIDGE, STREET, IN THE CITY OF PADUCAH, KENTUCKY, BY THE CONSTRUCTION OF A HARD SURFACE ROAD`,1,AY, AND CURB AND GUTTER, 71HERENOT1 NOVI PROVIDED, AS PARTICULARLY 9,HO",71 ON PLANS, IN ACCORDANCE ?VITH THE PLANS ATID SPECIFICATIONS PROVIDED THEREFOR BY THE CITY ENGINEER, TOGETHER 71ITH ALL NECESSARY P"ANHOLES, INTAKES, DRIM7AYS AND SE"IER CONNECTIONS, AT THE COST OF THE .. BUTTING' PROPERTY 071 -,-ERS, AND PRO`JIDING THAT THE COST OF SUCH CONSTRITCTION mAY BE PAID IN ACCORDANCE 77ITH THE PROVISIONS OF THE TEN YEAR PAYFENT PLAN"; and, 1"HEREAS, it was provided in such ordinance that the cost of con- struction of said roadway, together with all necessary manholes, in- takes, catch b.sins and sewer pipe connections, be naid for by the abutting property on both! sides of said street, except that portion to be Haid by the City of Paducah as required b y law; and, ".1IEREAS, pursuant to said ordinance a. contract was entered into on the 6th day of August, 1926, between the D.J. Ryan Construction Co., Des Moines, Iowa, and the City of Paducah, for the construction of same; and, '.'M ERFAS, said contract has been completed and duly E�ccepted by the General Council on the 19th day of September, 1927, pursuant to the recommendation of the Board of Public V!orks of Said City, NOT, THEREFORE: BE; IT ORDAINED BY THE GENERi_L COUNCIL OF THE CITY OF PADUCAH', KENTUCKY, i NO. 103.9 I! ' � Sr;C"'IOP1 1. That all property on both sides of Sixth Street from the south property line of Tennessee Street to the west property lire of Broad Street; Broad Street from the east property lire of Sixth Street to the south property line of Bridge Street, in the City of Paducah, Kentucky, be, and the same is, hereby assessed for and the cost rf construction of a hard surface roadway, consisting of a concrete foundation with a. sheet asphalt top, as shown on plans, and curbs and gutters together with all necessary manholes, intakes, catch basins and sewer pipe con- nections as follows: lion both sides of Sixth Street from the south property line of Tennessee Street to the north property .line of Jones Street, ner lineal foot ----------------------------------------- $5.1159,505, iFrom the south property line of Jones Street to the north property lire. Iiof Norton Street, nerving per lineal foot --------------- 5?5.1362872, !From the south rronerty line of Norton street tothe noth property line of Caldwell Street, paving per lineal foot ------------ 85.267980, I Curbs and gutters, ner lineal.foot--------------------51.0482538, i !From the south nronerty line of Caldwell Street to the north nroperty I line of Husbands Street, paving per lineal foot ------X5.3141410, 1Curbs and gutters, nor lineal foot --------------------s 1.159033"5, From the south property line of Husbands Street to the north nroperty line of Elizabeth Street, paving per lineal foot ----- $5.03062495 Curbs and gutters per lineal foot ---------$1.2790807, From the south property line of Elizabeth Street to the south property line of Broad Street, paving per lineal foot ------------ ,Curbs and gutters, per lineal foot ---------------------$0.85819500, Broad Street from the east property line of Sixth Street to the south ! nroperty line of Bridge Street, paving per lineal foot ... �,a5.0457772,. Ilas particularly shown by the City Engineer's estimate of said cost, Il filed and approved by the General Council of said City, and which will 11 II annear on file in the offices of the City Clerk and City Engineer, res- nectively, and which is now referred to and made part hereof. S'r:CTION 2. That the funds derived from the assessment; of said nroperty 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 theCity of Paducah, Kentucky, pursuant to Section 3101 of the Kentucky Statutes.; SECTION 3. That pursuant to Section 3101 of the Kentucky Statutes, said tax assessments, may at the option of thenronerty owners, be neyable in cash without interest within thirty days from the date of passage and publication of this Ordinance, or in ten anivial installments, provided the nroperty owners within thirty days enter into a written NO. 1040 spreement with said City, in accordance with the provisions of Section 3101 of the Kentucky Statutes. SECTION 4. In order to provide the funds for the immediate payment of the cost of that nortion of the sneeial assessments herein nrovided for, which may be na.id on the ten year installment plan, as hereinabove Provided, the City of Paducah may issue and sell imnrovement bonds, and to secure the nayment of such bonds, there is hereby pledf,,cd such t&7,( -s and liens on the oronerty assessed herein for the payment of principal and interest but such bonds shall not be sold for less than nar, and the proceeds de- rived therefrom shall be annlied exclusively to the payment of the cost of such construction as hereinabove provided; and such bonds, if issued shall bear interest and shall be payble in accordance with the provisions of Section 3101 of the Kentucky Statutes. SMCTION 5. This Ordinance shall take effect and be. -in force from and after its nassage, apnroval and publication. ADOPPYBI l -' 7