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HomeMy WebLinkAboutOrdinances Book 8, Page 877, No Resolution Numberr, +n V NO. 877. WHEREAS, the City of Paducah has caused to be improved Caldwe111 Street from 12th Street to Caldwell Avenue, by the construe ion I� of a hard surface roadway or street, and has caused to be improved Caldwell Avenue from Caldwell Street to its intersection with Union i� I' Station, by the construction of a hard surface roadway, curbs and gutters.and concrete sidewalks on a portion thereof, and also by the i' aonstruction of sewers, and all of said improvements being made at th cost of the abutting property owners; AND, i WHEREAS, sirs. Peary E. Mallory and E. L. Mallory, her husband, and Mrs. Addie Caldwell are owners of said abutting property affected by the agreement hereinafter mentioned; and, i WHEREAS, a portion of said abuttinr•_ property so owned by said Mallorys and Caldwell is in part low ?round and the assessmen s for the street improvementr re'said'will exceed one-half of the vane 1 of said lots, after i.akin i,:<: consideration the value of the improvf- ment so assessed; and, WHEREAS, the Board of Public 'Aorks and the Street I Committee, after beim authorized thereunto by the General Council, have together with the owners of said property or 'their representaties, made an inspection of all of said abutting property so affected by said improvements, and have reached an agreement as to the value of each of said lots which were not of sufficient value to pay full amount of said improvement assessments, as shown by a blue print of said abutting prope^ty hereto attached and made part hereof, which plot or blue print has been a proved b the property y A py pro ert owners as shown b ii their signatures thereon; NO"', THEREFORE, BE IT RESOLVED BY THE GENERAL COUNCIL OF THE it �1 CITY OF PADUCAH, KET,',7T.Cj'y: SECTION 1. That the limit of the property owners liability for the cost of sail improvements, as shown on said blue print, and which was arrived at by agreement of. the value of said lots as between said Committee and property owners, be, and the same is hereby ratified and confirmed. This valuation affects the Mallory property on the west side of Caldwell Avenue extending from the Beasley Marble Works towards the Union Station to the extent of eleven lots frontinlq fifty feet each on Caldwell Avenue. SECTION 2. i T},.at the limit of the property owners liability for the cost of said improvements against the abutting pronerty on the east side of Caldwell Avenue, as arrived at by agreement between the property owners and said committee touching the value of said lots, and likewise fixed in the sum of $200.00, as shown on said blue nrint NO. 878. aforesaid, be, and the same is hereby ratified and approved. SECTION 3. That the proportionate liability of the property owners and the City touching any other lots abutting said improvement, which have been conceded by said Committee to be of insufficient value to pay the cost of said improvements, as shown by the per tentage assessed to the property owners and the City respectively be, and the same are hereby ratified and approved. SECTION 4. That the cost of said improvements be duly and regularly assessed against the property owners, and that all said property owners affected by the agreement aforesaid shall pay the limit of liability fixed and endorsed on each of said lots shown on said blue nrint in full discharge of the property owners liability for the imnrovement of said property by the construction of a hard surface roadway, curbs and gutters and sidewalks and sewers, and that any deficit in special tax bills representing the assessment of said cost against any of said prpperty shall be assumed and paid by the City of Paducah, and charged to the Caldwell Avenue bond fund in conformity with the agreement of valuation between said Committee and said nroperty owners. With reference to the costs of said improvements to be borne in part by the City and in part by the property owners, said tax cost shall likewise be duly assessed against the property owners and property affected thereby, and upon the issue of the assessment therefor, said nroperty owners shall pay the amount fixed as shown on said blue print in full discharge of the liability of the property owners on account of any or all of said improvements. SECTION 5. This resolution shall become effective upon its passage and apnroval. U_.R4LLA9Ed-1 tL 9 eIi RINYA.i ADOPTED Praldrnr $wrd of Cw+�dt�...,, EL Attea ti'Yty Ctork I 9