HomeMy WebLinkAboutOrdinances Book 8, Page 993, No Ordinance NumberNo. 99a.
AN ORDINANCE ASSESSING THE ABUTTING PROPERTY ()N BOTH SIDES
OF WASHINGTON STREET, FROM THE EAST PROPERTY LINE OFIi7i STREET TO
II THE EAST PROPERTY LINE OF 65TH STREET; 6TH STREET FROM THE.NORTH PRO-
PERTY LINE OF WASHINGTON STREET TO THE NORTH PROPERTY LINE OF CLARK
STREET, IN THE CITY OF PAEUCAH, KENTUCKY, 1'OR THE COST OF CONSTRUCTION
OF A HARD SURFACE ROADWAY, CONSISTING OF A CONCRETE FOUNDATION PLITH A'
SHEET ASPHALT TOP, 1,S SHO'."AI ON PLANS, TOGETHER '."LITH THE NECESSARY
MA'!IIOLES, INTAKES, CATCH BASINS AND SEWER PIPE CONVECTIONS, EXCEPT
THAT PORTION TO BE PAID FOR BY THE CITY OF PADUCAH, AND PROVIDING THAT
SAID COST MAY BE PAID FOR IN TEN ANIMAL INSTALLMENTS IN COMPLIANCE
WITII THE PROVISIONS OF THE KENTUCKY STATUTES APPLICABLE THERETO.
WHEREAS, the General Council of the city of Paducah, Kentucky,
has heretofore, to -wit; on the 19th day of August, 19261,adopted an
ordinance, entitled, "AN ORDINANCE_-hZROVIDING FOR THE IMPROVEMENT OF
WASHINGTON STREET, FROM THE EAST PROPERTY LINE OF�H STREET TO THE
EAST PROPERTY LINE OF 6TH STREET; 6TH STREET FROM THE SOUTH PROPERTY
LINE OF WASHINGTON STREET TO THE NORTH PROPERTY LINE OF CLARK STREET,
IN THE CITY OF PADUCAH, KENYUGKY, BY THE CONSTRUCTION OF A HARD SUR-
FACE ROADWAY, TOGETHER WITII ALL NECESSARY. MANHOLES, INTAKES, CATCH
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BASINS AND SEWER PIPE CONNECTIONS, IN ACCORDANCE 71'ITI THE PLANS AND
SPECIFICATIONS PROVIDED THEREFOR BY THE CITY ENGINEER, AT THE COST
OF THE ABUTTING PROPERTY OWNERS AND MCCRACKEN COUNTY, THE SAID Mc-
CRACKEN COUNTY HAVING AGREED TO APPROPRIATE ITS PORTION OF SAID COST,
!I AND PROVIDING THAT THE COST OF SUCH CONSTRUCTION ASSESSABLE AGAINST
THE PROPERTY OGJNERS MAY BE PAID IN ACCORDANCE PITH THE PROVISIONS OF
THE TEN YEAR PAYMENT PLAIT.
WHEREAS', it was provided in such ordinance that the cost of
construction of a hard surface roadway, together with the necessary
manholes, intakes, catch basins and sewer pipe connections be paid
by the abutting property owners on both sides of said street, except
that portion to be paid for by the City of Paducah as required by
law; and,
'iLHEREAS, pursuant to said ordinance a contract was entered
into on the Sth day of SEPT', 1926, between the D. J. Ryan Construction,
Comnany, of Davenport, Iowa, and the City of Paducah, Kentucky, for
the construction of same; and,
WHEREAS, said contract has been completed and duly accepted
by the General Council on the 1st day of August, 1927, pursuant to the
recommendation of the Board of t'ublic P:'orks; NO1,7? THEREFORE:
BE IT ORDAINED BY THE GENERAL COUNCIL OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1.
That all property on both sides of Washington Street, from
No. 994.
II the east property line of 7th Street to the east
property line of 6th
4treet; 6th Street from the south property line of !:'ashington Street to
the northproperty line of Cly
Clark Street, in the City of Paducah, "entuck
be, and the same is, hereby assessed for the cost of construction of a
ithard surface roadway, consisting of a concreate foundaticn with a sheet
asphalt top, as shown on plans, together with all necessary manholes, in-
takes, catch basins and sewer pipe connections as follows, to -wit: l
From the east property line of 7th Street to the east property line of
6th Street, paving per lineal foot........................5.2482251;
From the south property line of Washington Street to the north property
line of Clark Street, paving per lineal foot-------------X�
5.1416017;
as particularly shown by the City Engineer's estimate of said cost, filed,
and approved by the General Council of said City, and which will a
i
ppear
j on file in the offices of the City Clerk and City Engineer, respectively,)
and which are now referred to and made part hereof.
i
SECTION 2.
That the funds derived Prc�n the assessment of said nronerty
shall be used for the purpose of paying off theaax bills issued
against said property, or such bonds as may be issued by the City of
i
Paducah, Kentucky, persuant to Section 3101 of the Kentucky Statutes.
i I
SECTION 3.
1
That pursuant to Section 3101 of the rientucky Statutes, said
tax assessment may, at the option of the property owners, be payable in
cash without interest within thirty days from the date of passage and
publication of this ordinance, or in ten annual installments, provided
j the property owners within thirty days enter into a written agreement
With said City, in accordance with the provisions of said Section 3101 of
the rientucky Statutes.
SECTION 4.
In order to provide the funds for the immediate payment of the
cost of that portion of the special assessments herein provided for, which)
may be paid on the ten year installment plan, as hereinabove provided, thel
City of `aducah 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 herein for the payment of principal and interest, but
such bonds shall not be sold for less than par, and the proceeds derived j
therefrom shall be applied exclusively to the payment of the cost of such
construction as hereinabove provided; and such bonds, if issued, shall
bear interest and shall be payable in accordance with the provisions of
I
Section 3101 of the ltentucky Statutes.
SECTION 5.
This Ordinance shall take effect and be in force from
and after its passage, approval and publication.
j �- OP I ti,
No. 995.