HomeMy WebLinkAboutOrdinances Book 8, Page 440, No Ordinance NumberAN ORDINANCE ASSESSING THE ABUTTING PROPERTY FOR THE COST
OF THE CONSTRUCTION BY GRADING AND GRAVELING SAME, TOGETHER '.`JIITH ALL
NECESSARY MANHOLES, INTAKES,,CATCH BASINS, SEWER PIPE CONNECTIONS AND
.CAST IRON DRAIN PIPES, AS SHOWN BY TIIE CITY ENGINEER'S ESTIMATE OF SA1,M,
I
ON THE FOLLOWING NAI4ED STREETS IN THE CITY OF PADUCAH, KENTUCKY, TOOL^IIT:
KENTUCKY AVENUE FROM 20TH to 25TH STREET; CLARK STREET FROM 19TH to 21ST'
STREET; LEACH AVENUE FROM 10TH STREET TO 11TH STREET; 11TH STREET FROM
LEACH AVENUE TO BURNETT STREET; MONROE STREET FROM 21ST TO 25Th STREET;
21ST STREET FRO14 MONROE STREET TO AN ALLEY BETWEEN MONROE STREET AND
JEFFERSON STREET; 21ST STREET FROM BROAD',lAY TO JACKSON STREET; 23RD
STREET AND 24TH STREET FROM BROAD'.:'AY TO KENTUCKY AVENUE; 22ND STREET
FROM BROAD,,'AY TO JEFFERSON STREET, AS FOLLOWS:
GRAVEL OF 42 FEET I14 i7IDTH ........p2.50 PER ABUTTING FOOT.
GRAVEL OF 40 FEET Ii�I 71IDTH.......... 2.38 PER ABUTTING FOOT,
GRAVEL OF 37 FEET IN :7IDTH.......... 2.15 PER ABUTTING FOOT.
GRAVEL OF 17 FEET IN ;'JIDTH.......... 1.05 PER ABUTTING FOOT.
INTEREST COST PER DOLLAR OF
CONSTRUCTION ....................... � 50.020838.
FOR TEE COST OF CONSTRUCTION OF SAID IMPROVI-!S:di:T, EXCEPT THAT PORTION TO
BE PAID FOR BY THE CITY OF PADUCAH, I',ENTUCKY, AND PROVIDING THAT SAID
COST MAY BE PAID IPI TEN ANNUAL PAYI,E`NTS, BEING ONE EACH YEAR FOR A PERIOD
OF TEN YEARS.
WHEREAS, the General Council of the City of Paducah has
heretofore, to -wit: on July 28th, 1924, adopted an ordinance entitled,
"An ordinance providing for the improvement by grading and graveling the
same, of the following streets in the City of Paducah, Kentucky, to -wit: -
Kentucky Avenue from 20th Street to 25th Street; Clark Street from 17th
Street to 21st Street; Leach Avenue from 10th Street to 11th Street;
11th Street to Leach Avenue to Burnett Street; Jackson Street from the
intersection of 19th Street and Guthrie Avenue to 25th Street; Monroe
i
Street from 21st Street to 25th Street, 21st Street from Monroe Street
to the alley between Monroe Street and Jefferson Street; 23rd Street
from Monroe Street to Jefferson Street; 21st Street Brom Broadway
to Jackson Street; 23rd and 24th Street between Broadway and Kentucky
Avenue Streets; and 22nd Street from Broadway to Jefferson Street,
together with all necessary manholes, intakes, catch basins and sewer
pipe connections, in accordance with the plans, specifications and grade
provided therefor by the City Engineer of said City, at the cost of the
abutting property owners, and providing that same may be paid for upon
the ten year payment plan;" and,
WHEREAS, in accordance with said ordinance it was provided'
that the cost of construction of said improvements be paid for by the
abutting property owners of both sides thereof, except that portion bo
be paid by the City of Paducah, Kentucky, as required by law; and,
L
M��
NO. �41.
WHEREAS, pursuant to said ordinance, a contract was entered
into on the 15th day of September, 1924, between Yancey & Johnson of
;Paducah, Kentucky, and said City for the construction thereof, and,
11MEREAS, said construction has been completed and duly
accepted by the General Council on the 18th day of hiay, 1925, purduan
to the recommendation of the Board of Public Works and said City;
NOWT THEREFORE,
BE IT ORDAINED BY THE GENERAL COUNCIL OF THE CITY OF PADUCAII,
KENTUCKY: '
SECTION 1.
That all property on both sides of the following named
streets in the City of Paducah, Kentucky, to -wit: Kentucky Avenue
from 20th to 25th Street, Clark Street from 10th to 21st Street;
Leach Avenue from 10th Street to 11th Street; 11th Street from Leach
Avenue to Burnett Street; Monroe Street .from 21st to 25th Street;
21st Street from Monroe Street to an alley between Monroe Street and
Jefferson Street; 21st Street from Broadway to Jackson Street, 23rd
Street and 24th Street from Broadway to Kentucky Avenue; 22nd street
from Broadway to Jefferson; be,and the same are hereby assessed for
the cost of construction by grading and graveling same, together with
all necessary manholes, intakes, catch basins, and sewer pipe
connections and cast iron drain pipes as follows:
!
Gravel of 42 Feet in width ..... $2.50 per abutting foot.1
Travel of 40 feet in width..... 2.38 per abutting foot.!
Gravel of 37 feet in width..... 2.15 per abutting foot.
Gravel of 17 feet in width..... 1.05 per abutting foot.,
Interest cost per dollar of
construction cost..........
....0.020838,
as particularly shown by the City Engineerys estimate of such cost on
file in his office, which estimate is now referred to and made part
!; hereof.
SECTION 2.
I�
I
That the funds derived from the assessment of said property!
shall be used for the purpose of paying off the special tax bills
issued against said property, or such bonds as may be used by the City
I'of Paducah, Kentucky, pursuant to Section 3101 of the Kentucky Statutes.
SECTION 3.
i
That pursuant to Section 3101 of the Kentucky Statutes, said
tax assessment may, at the option of the property owner, be payable in
Icash without interest within 30 days from the date of passage and
(!publication of this ordinance, or in ten annual installments, provided,
!
the property owner shall before the expiration of said 30 days, enter
jinto a written agreement with said City, in accordance with the provisions
of Section 3101 of the Kentucky Statutes.
!
No.'A42.
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 proijided, the
City of Paducah may issue and sell improvement bonds, and to secure the
payments of such bonds, there is hereby pledged such taxes and liens on
the 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, shall bear interest and shall be payable in accordance with the
provisions of Section 3101 of the Kentucky Statutes as amended by Act
1910.
SECTION 5.
This ordinance shall take effect and be in force fron :its
passage, approval and publication.
CHAMU w
DUO'1 TED
�����aea.a
Clry
n�