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HomeMy WebLinkAboutOrdinances Book 9, Page 213, No Ordinance NumberA PAGE 213 AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF SOUTH ELEVENTH STREET' FROB1 THE NORTH CURB LINE OF JACKSON STRErT TO THE NORTH PROPERTY LINE OF ADAMS STREET, IN THE CITY OF PADUCAH, McCRACKEN COUNTY, KENTUCKY, BY TIIE GRADING AND GRAVELING OF SANE, TOGETHrR WITH ALL NECESSARY ENGINEERING, ADVERTISING AND LEGAL AND CLERICAL SERVICE IN CONNECTION TIIFREWITH AT THE COST OF THE ABIITTING PROPERTY 0"'TIERS AND PROVIDING THAT SAME BE CONSTRUCTED UPON THE TEN YEAR PAYLM'NT PLAN. BE IT OFDAITIED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: ' SECTION 1. That South Eleventh Street, from the North curb line of Jackson Street to the Forth property line of Adams Street, in the City of Paducah, Kentucky, be, and the same is hereby ordered to be improved by the grading and graveling of same, together with all necessary engineering, advertising and legal and clerical service in connection therewith, upon bids made therefor, and all to be done in strict accordance with the Aland, specifications, widths, grades, profiles and drawings in the office of the Commissioner of Public 17orks and prepared by him for such purposes, all of which are hereby adopted as a part of this ordinance as fully as if embraced herein or attached hereto and made part hereof and marked "A" for more specific identification. SECTION 2. That said work shall be constructed under the direction and supervision of the Commissioner of Public 'Norks, and shall be commenced at a time designated by contract for the performance of said ;work, and completed on or before eight months after the passage and recording of this ordinance. ' SECTION 3. That all the cost incident to said construction of said street, as provided in Section 1 hereof, shall be paid for wholly by the property owners and property abutting or fronting thereon I on both sides of said street and to be apportioned to and assessed against the property owners and property abutting thereon on both sides of said street according to the number of feet or'sbutting feet thereon, except that the City of Paducah shall pay such portion Of cost of construction as required by law. Provided that said improvement shall be made upon the ten year payment plan as provided in Sections 3101 and 3102 of the Kentucky Statutes. SECTION 4. The contractor awarded the contract for the work herein provided for shall be paid only from the funds arising from the PAGE 214 Special Tax Bills and assessments against the property abutting the improvement herein provided for, and in no other way, except that said I contractor may be paid out of such bonds as may be issued, in accordance with the laws of the City of Paducah, and charter cities of.the second class of the State of Kentucky, and for the payment of which, said tax bills and assessments may be pledged by the said City of Paducah; and in no event shall the said City of Paducah be liable to the said contractor for the construction of any of the work hr -rein provided for, except the said City of Paducah shall be liable to the said contractor for the excess of fifty (50,1".') per cent of any property assessed for the con- struction of the work herein provided for'.- SECTION or;SECTIOti 5._ The contractor awarded the contract herein provided for shall be paid monthly by Improvement Warvants issued by the City of Paducah upon estimates furnished by the Commissioner of Public `.,'orks, to the extent of sixty-five (65/6) per cent of the value of the twork done or materials furnished by the contractor during the progress of the :work, and said Improvement Warrants shall bear six (65) per cent interest from date of issual and shall be issued by the Commissioner of Public Finance upon order of the Board of Commissioners. Said Improvement Warrents shall be negotiable, and shall constitute a lien upon the local taxes to be hereafter levied for such improvement, and shall be payable at the office of the Commissioner of Public Finance, without notice to the holder thereof, upon completion and acceptance of the work herein pro- vided for, out of the first collection of such local taxes, or out of the proceeds of the sale of any Improvement Bonds issued in anticipation of such local tares. The interest on such Improvement ;Jarrants shall be estimated and assessed as a part of the cost of the improvement herein provided for. SECTION 6. The Mayor is hereby authorized and directed to execute all wrritten contracts and bonds with the successful bidder for the con- struction of said improvement, as required by law. SECTION 7. Bids shall be received for the construction of said according to the plans and specifications made and provided therefo :he Commissioner of Public Works, and reported to the Board. of Comm Lt the next regular or called meeting and the contract therefor awla. o the lowest and best bidder, except that the right is expressly r, o reject any and all bids within the discretion of the Board of Cot issioners. SECTION 8. This ordinance shall take effect and be in force ter 0 after its passage. SIGNED— — — — I4A 0 J / v PASSED BY THE BOARD OF COIT I°CIONFRS OCTOBER 29TH,1928 RECORDED BY HUNT'CROSSLAND, CLERK, OCTOBER 30TH, 1928 PAGE 215.