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HomeMy WebLinkAboutOrdinances Book 8, Page 1047, No Resolution NumberNO. 1047 A RESOLI!TION 1PPLEMENTING A RE- SOLUTION RDO,PTrID ON JULY 18TH, 1927, ANTHORIZINdG THE MAYOR OF THE Cy TY OF PADUCAH, II KENTUCKY, TO PRINT rtND SELL SUIER BONDS FOI{ THE Ab10UNT OF PROPERTY, THE HOLDE M OF !',''HICK HAVE ACCEPTED TILE TEN YEAR PLAN IN ZOiIE, NO. 2, SiJB-DIVISION B; SE!!E:H DISTRICT N0. 3. BE: IT RESOLWM by the General Council of the City of P.adxicah: 1i THAT !77IEREAS heretofore, to -wit, on July 19th, 1927, the I:iayor of the City of Paducah was authorized to print and sell bonds to the amount of Thirty-nine Thousand, Two Hundred Fifty- five ($39,255.84) Dollars and Eighty-four Cents, vihich amount of Bonds it was supnosed would be sufficient to take care of property, the owners of which had accented the ten near plan, in Sewer Zone No. 2, Sub -division B, Sewer District No. 3; j AND'.PHEREiiS, the true amount due by property owners in said Zone amounts to Forty-two Thousand and Seventy-two Dollars (542,072.83) and Eighty-three Cents; NO'-.-! THEREFORE, Bj,; IT RESOLVED that the I.Iayor of j the City of Paducah be and he is hereby authorized, directed and em- i,oxered to nrenare. and sell Bonds of the City of Paducah to the amount of Forty-two Thousand and Seventy-two Dollars and Eighty-three Cents, ',Ping the amount due by property owners who have accepted the ten year nn,rment n1a.n for the construction of sewers, in Sewer Zone No. 2, ,ib -division B of Sevier District 3 in the City of Paducah. II 13E IT FURTHER RESOLVED that the proceeds derived from the I sale of said Bonds shall be used exclusively for the payment of the contractor for installing sewers in said Sevier Zone No, 2, Sub - Division B, Sewer District No. 3; I AND BE IT FURTHe;R M;30LVED that this Resolution is adopted in lieu of and is a sunnle^ient to the Resolution adonted July 18th , 1927, by the General Council of theCity of Paducah, author- izing the I,iayor to prepare and sell Bonds, the oviners of which hove accented the ten year plan in said Zone'=s-. 2, S'il5=d�,vfs on B•-,, Sevier District No. 3. BE IT YIIHTHEI? Ri-:SOLVED that this Resolution shall take" effect fpom its pass;:a? Re and-- 1 r idd an roval.