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HomeMy WebLinkAboutOrdinances Book 8, Page 116, No Ordinance NumberNo. 116 . Ordinances AN ORDINANCE ASSESSING THE ABUTi'ING PROPERTY ON BOTII SIDES I f OF NORTH 12TH STREET FRONT TILE NORTIi PROPIliTY LINE OF JEFFERSON STREET TO THE SOUTIi PROPERTY LINE OF LADISOII STREET; ON BOTH SIDES OF SOUTH 12TH STREET FROM THE SOUTH PROPERTY LINE OF TENNESSEE STREET TO THE NORTII PROPERTY LINE OF JONES STREET; ON BOTH SIDES OF NORTH 11TH STREET FROT.1 THE NORTH PROPERTY LINE OF JEFFERSON STREET TO THE SOUTH PROPERTY LINE OF 1,1ADISON STREET; ON BOTH SIDES OF NORTH 9TH STREET FROM THE NORTH i PROPERTY LINE OF JEFFERSON STREET TO THE SOUTH PROPERTY LINE OF MADISON STREET; ON BOTH SIDES OF NORTH 8TH STREET FROM TIIE NORTH PROPERTY LINE i OF JEFFERSON STREET TO THE SOUTIi PROPERTY LIME OF MADISON STREET; ON BOTH SIDES OF NORTH 7TH STREET FROT,: THE NORTH PROPERTY LINE OF JEFFERSON , STREET TO THi•: SOUTH PROPERTY LINE OF I:i.:DISON STREET; ON BOTH SIDES OF SOUTH 7TH STREET FRO!,! THE SOU.'H PROPERTY LINE OF KENTUCKY AVENUE TO TIIE NORTIi PROPERTY LINE OI' WASHINGTON STREET; ON BOTH SIDES OF NORTH 6TH i STREET FROM THE NORTH PROPERTY LINE OF JEFFERSON STREET TO TME MUTH PROPERTY LINE OF I.i_DISON STREET; ON BOTH SID71S OF SOUTH 6TH STREET FROM THE SOUTH PROPERTY LINE OF INTUCI'iY AVEiUE TO THE NORTH PROPERTY LINE OF JnSIIINGTON STREET, AND BOTII SIDES OF NORTH 5TH STREET FROI.i THE NORTH POPERTY LINE OF I.:ONROE STREET TO TFC SOUTH PROPERTY LINE OF I:iADISOII STREET, IN THE CITY OF P,IDUCAH, KENTUCKY, THE SUM OF ;,4.718681 PER ABUTTIWG FOOT F03 THE CO',iSTRUC^ZION OF A STREET DRIVE't7AY WITH CONCRETE, TOGETHER `:STH AI N_CESSARY iSANHOLES, INTAKES, CATCH BASINS, .IID SE':.ER PIPE CO I1IECTIONS, AS I SHO'.7N BY THE CITY ENGINEERI S ESTIM,-- ^ OF SAi,E, EXCEPT THAT PORTIO,? TO BE j PAID FOR BY THE CITY OF PADUCAH, T -KENTUCKY, AND PROVIDING THAT SAID ESTI'::!9TE MAY BE PAID IN TEN ANIIUAL INSTALLI::ENTS, BEING 014E EACH YEAR FOR A PERIOD OF TEN YEARS. 'ilHEREAS, the Board of Commissioners of the City of Paducah, i :..�ntucky, has heretofore, to -reit; on the 15th day of I,Iay, 1925, adopted an ordinance entitled "An ordinance providing for the construction of the driveway, together with all necessary manholes, catch basins, int:1_es and seder pipe connections, on North Twelfth Street from the North property line of Jefferson Street to the south property line of Madison Street; on South Twelfth Street from the south property line of Tennessee Street.to the I'Iorth property line of Jones Street; on North Eleventh Street from j the North property line of Jefferson Street to the South property line of .-Madison Street; on North Ninth Street from the north property line of Jefferson Street to the south property line of Madison Street; on Worth Eighth Street from the north property lane of Jefferson Street to I L;adison Seventh Street the south nrooerty line of Street; on North from• the north property line of Jefferson Street to the south property line of Madison Street; on South :' '�! Street from the south property line' of •:entuclCy Avenue to the north property line of ';Isshingtoll Street-; on ; North Sixth Street from the north property line of Jefferson Street to the south property line of Madison ,tr(,at; on South Sixt_i Street from No. J J, Ordinances the south property line of SenLLMIcy Avenue to the north prpperty line of Washington Street; and on North Fifth Street from the north property line of Mo;roe Street to the south property line of I,iadison Street, in the City of Paducah, Kentucky, at t. e cost of the abutting property ormera, and providing that same shall be const-,:-ucted upon the ten year payment plan'.'; and, WHEREAS, in accordance with said ordinance it was provided that; the cost of construction of said driveway be paid for by the abutting property owners on both sides thereof, except that portion to be paid by the City of Paducah, P:entucky. as required by law; and, WHEREAS, pursuant to said ordinance a contract was entered into on June the 15th, 1925, between Yancey & Johnson, of Paducah, Kenti.zck, and said Cit;- for the constriction thereof; and, WHEREAS, the said contract has been completed and duly accepted by the General Council on the 18th day of August, 1924, pursuant to the recommendation made therefor by the Board of Public 'Norks of said City: NOVI, THER POOLE, BE IT ORDAINED BY THE GENERAL COUI'ICIL OF THE CITY OF P_iDUCAH; %EIITUCKY: SECTION 1. All property on both sides of North 12th Street from the north property line of Jefferson Street to the south property line of Madison Street; on both sides of South 12th Street from the south property line of Tennessee Street to the north property line of Jones Street; on both sides of North 11th Street from the north property line of Jefferson Street to the south property line of Madison Street; both sides of North 9th Street from the north property line of Jefferson Street to the South property line of ,Iadison Street'; on both sides of North Sth Street from the north property line of Jefferson Street to the South property line of Ladison Street; on both sides of North 7th Street from the north property line of .Jefferson Street to the south property line of Idadison Street; (ori both sides of South 7th Street from the South property line of Kentucky A)aenue to the north property line of Washington Street; on both sides of North 6th Street from the north property line of Jefferson Street to the south property line of },Madison Street; on both sides of South 6th Street from the south property line of Kentucky Avenue to the north property line of 'Nashington Street; and on both sides of North 5th Street from the north property line of I1onroe Street to the South property line of Madison Street, in the City of Paducah, I.entucky, as shown by the City Engineerts Estimate of the cost of same, be and the same is hereby assessed for the cost of constr-uction of the driveway on said streets, with concrete, the sum of yr4.71B681 per abutting foot, as particularly shown by said estimate of such cost on file in the office of the City Engineer now referred to and made a. nart hereof. 118. No. Ordinances SECTION 2. That the .funds derived from the assessment of said property shall be used for the purpose of paying off the special tar, bills issued! against said property, or such bonds as may be isaiod by the City of i Paducah, Kentucky, pursuant to Section 3101 of the Kentucky Statutes. i SECTION 3. That pursuant to Section 3101 of Kentuoky Statutes, said tax assessment may, at the option of the property owner, be payable in cash without interest within thirty days from the date of passage and publica- tion of this ordinance or in ten annual installments, provided the property owners shall before the expiration of said thirty days, enter into an agreement of writing with said City, in accordance with the provisions of Section 3101 of the Kentucky Statutes. SECTION 4. In order to provide a fund for the immediate payment of the cost of that portion of the special assessment herein provided for, which may be paid for on the installment plan, as hereinbefore provided, the I City of Paducah may issue and sell Improvement Bonds, and to secure the I payment of'such bonds there is hereby pledged such taxes and liens on'the I property assessed herein for the payment of the principal and interest, but such bonds shall not be sold for less than par, and the proceeds derived therefrom shall be applied exclusively to the payment of the cost of said construction as hereinbefore provided, and such bonds, if issued, I shall bear interest and shall be payable in accordance with provision of, Section 3101 of the Kentucky Statutes, as amended by Act of 1910. SECTION 5. This ordinance shall tale effect and be in force from the date of passage, record and publication. ;A, ENRQ1_LMP ; 'OMw!. I ',U'v L� U P U B iM _ I) D— 2)' ts3�