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HomeMy WebLinkAboutOrdinances Book 8, Page 772, No Ordinance NumberFO. 772. AN ORDINANCE ASSESSING THE ABUTTING PROPERTY ON BOTH SIDES I'I OF BRIDGE STREET FROM THE :':EST PROPERTY LINE OF CLEI'.:EI`TS STREET TO THE II PRESENT CORPO!?ATE LIT;ITS OF' THE CITY OF P/sDUCAH FO- THE COST OF COD'- � I it STFITCTIOV OF A HARD SU'RF'ACE ROAD,', -AY AND CURBS AND GUTTERS FROM HAYS AVENUE TO SAID CORPORATE LIMITS, TOGETHER '.''ITB ,,LL NECESSARY MANHOLES, INTAKES, DRAIN AND SE;"ER PIPES AND DRIVE-!^'hYS, IN THE CITY OF PADUCAH, KF,NTUCKY, IN ACCORDi INCE :'.'ITH THE PLANS AFD SPECIF'ICr,TIONS PROVIDED TfiERF,F'OR BY THE; i I� CITY FNGIYEER AS FOLLO'"S: I� ON BRIDGE STREET FROM CLEKEP'TS STREET AND FLORA STREET TO A:SHSROOK AFT) VASSUER STREETS, ROADV.Y OR STREET PAVING IN THE ^UM OF $4.96029 PER ABUTTING FOOT. BRIDGE STI?BET FROI.' ASHBROOK AND VASSUER STREETS TO HAYS AND ':.'ALL STREETS, FOR ROAD:'7.Y OR STREET PAVING, IN TEIE SUE: OF $5.03505. ON BRIDGE STR-ET FROE'. HAYS AYE,"LLL STREETS TO THE CORPOPATE LIMITS, OR LILL STREET, FOR ROADI'.'AY OR STREET PLVING, IN THE, SUM OF $5.013739. COST OF CURBS LND GUTTERS PP:?, LBUTTING FOOT AS FOLLOTS: I ON BRIDGE STRES:T FR01;: ASHBROOK TO VASSUER STREETS, =-ND HAYS AND '."ALL STREETS, $1.06359 PER ABUTTING FOOT. BRIDGE STREET FROI, : HAYS AND !;'ALL STREETS TO E.ILL STREET, ;1.06415, PER ABUTTING FOOT, AS RHOT"'N BY CITY ENGINEER'S ESTIMATE OF SUCH COST, EXCEPT TIIAT PORTION TO BE PAID BY TEIE CITY OF' PADUCAH, AND PROVIDING TH:,T RAID COST MAY BE PAID IN TEN ANNUFL INSTALLYFNTS, BEING ONE EACH YF; -R FOR .A PERIOD OF TEN YEARS. 67HEREAS the General Council of the City of Paducah has here - i tofore, to -wit; on the 20th day of May, 1926, adopted an ordinance, entitled, "AN 0`DINANCE PrOVIDING FOR THE Ii:PROVPM FNT OF BRIDGE STREET FR9M F OF CLEE'ENTS STREET TO THE PRESENT CORDO= THF' "EST PROPERTY LINE LII"ITS, i IN THE CIT`! OF PADUCAH, KENTUCKY, BY THE CONSTRUCTION OF A HARD SURF.,CE i. PO .U -.AY .AND CURBS LI'D GUTTERS FROI HRYS AVENUE TO SAID CORPOPr.TE LIMITS, TOGE'IT,ER ;°ITII NECES'ARY P'.ANHOLES, INTAKES, DRAIN AND SE', -,.'ER PIPES nFD DRIV (MAYS, IN ACCORDANCE "'ITH THE PLANS AND SPECIFICATIONS PROVIDED THEREFOR BY -II THE CITY ENGINEER, AT THE COST OF THE ABUTTING PF.OBERTY 0! 1' -FRS, AND PIiOVI1 NG TTTAT THF COST Md .y 7E PAID UNDER THE PROVISIONS OF THE TEN YEAR PAYiENT PLAIN;" and, '.7HEREAS in accordance with said ordinance it was provided that the cost of construction of said hard surface road -way, curbs and izutteratbe paid for by the abutting property owners on bath sides thereof," i excent that portion to be paid by the City of Paducah, as required by law; end, I "'HEREAS pursuant to said ordinbnce a contract was entered nto on the 15th day of July, 1926, between the D. J. Ryan Construction pany, of Davenport, Iowa, and the City of Paducah, Kentucky, for the N0. 773. Il construction thereof; and, ':lHERP.AS said contract has been completed and duly accepted by. i I .'. the General Councill on the 7fh day of December, 1926, pursuant to recommendation of the Board of Public 'corks of said City; NOT', THEREFORE, BE IT OFDr•.INED BY THF GENERAL COTTYCIL OF THE CITY OF PA DUCAH, KENTUCKY. SECTION 1. That all property on both sides of BridFre Street from the viest property line of Clements Street to the present corporate limits of the City of Paducah, as shov;n by the City Engineer's estimate of such cost, be, and the same is hereby assessed for the cost of con- struction of a hard surface roadway, curbs and gutters, together v,ith all necessary manholes, intakes, drain and sewer pipe connection end drive -ways as follows: RO!-X.7i.Y OR STREET PAVING. On Bridge Street from Clements and Flora Streets to ;Ashbrook and Vassuer Streets, 4.96029, per abutting foot. I; On Bridme Street from Ashbrook and Vassuer Streets to Hays and `,-alls Streets, x•5.03505, per abutting foot. On Bridge Street from Hays and Sall Streets to the corporate limits or Lill Street, y,5.018739, per abutting foot. I CURBS F.TdD GUTTRFS. On Bridge Street from Ashbrook and Vassuer Streets to Hays and ,'all Streets, $1.06359 per abuttinr.foot. On Bridge Street from Hays and 7 -all Streets to P,'ill Street, $1.06415, per abutting foot, as particularly shown by the Cit IEnrineer's estimate of said cost on file in the office of said Engineer, not referred to and made part hereof. SECTION 2. That the funds derived from the assessment of szid property shall be used for the purpose of paying off the special tax bills issued against said property, or such bonds as may le issued by the City of Paducah, Kentucky, pursuant to Section 3101 of the Kentucky Statutes. SECTION 3. . That pursuanttoSection 3101 of the ,entucky Statutes! said tax assessment may, at the option of the nroperty owners, be payable in cash ;,ithout interest within thirty days .from the date of the passage and publication of this ordinance, or in ten annual installments, provided that property ov;ners shall before the expiration 6f said thirty No. 776. days enter into a written agreement 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 progided for, which may be paid for on the installment plan, as hereinabove provided, the City I of Paducah, Kentucky, may issue and sell improvement bonds, and to secure the payment of such bonds there is hereby pledged such .taxes and liens on the property assessed 'rerein for the payment of the principle 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 paya'ole in accordance with the provisions of I' Section 3101 of the Kentucky Statutes as amended by Act of 1910. R.PrmrnT,T q This ordinance shall take effect and be in force from and after its passage, approval and publication. v ©K/Y�Ejy/�)jRIEI�' ��imidll ADOPT' -- P-1 n( Eanrr of Cbenc!fcirn OPTED Anes ..j —192 —• PIQ 0 6L W a