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HomeMy WebLinkAboutOrdinances Book 9, Page 338, No Ordinance Number1. Page 338 AN ORDINANCE PROVIDING FOR THE CONSTRUCTION AND HF.- ONSTRUCTION OF AN ALLEY LYING BET':JEEN BROAD'a?AY AND KENTUCKY AVENUE, ND EXTENDING BACK APPROXIM- TELY 322.50 FEET FROM FOURTH STFETT TOINARDS FIFTH STREET, IN THE CITY OF PAL'UCAH, McCRACKF.N COUNTY, KENTUCKY, 17ITH ATL NECESSARY CURBS, GUTTERS, DFIVE!".!AYS, MANHOLES, INTAKEF, CATCH BASINS, SR!%FR ARID DRAIN PIPE, AND ALL NECESSARY I:NGINEFRING, ADVFRTISING AND TYGAL AND CT;FRICAL FF.R«ICE IN COT'NECTION TH7RF7;ITH AT THP CO£T OF THE ABUTTING PROPERTY OR-!NERS AND PROVIDING THAT FAME T`AY BE CON`'TFUCTED UPON THE TEN YEAR PAYMENT PLAN. BE IT ORDAINED BY TIS' BOARD OF W.f?dIS£IONRRS IOI' THF CITY OF' FADUCI'.H, KFNTUCKY; SECTION 1. That the alley lying betirreen Broadway and Kentucky Av and extending back approximately 322.50 feet from Fourth Street towards Fifth Street, in the City of Paducah, Kentucky, with all necessary curbs, gutters, driveways, manholes, intakes, catch basins, sewer and drain pipe, and all necessary engineering, advertising and legal and clerical service in connection therewith, be, and the same is hereby orderedto be constructed and reconstructed with concrete, upon bids made therefor, and all to be done in strict accordance with the plans, specifications, grades, widths, profiles and drawings of the Commissioner of Public ':'forks 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 ':'forks, 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 and reconstruction of said alley, as provided in Section 1 hereof, shall be paid for wholly by the property owners and property abutting or fronting thereon on both sides of said alley a -d to be aonortioned to and assessed against the property owners and property abutting on both sides of said alley according to the number of feet or abutting feet thereon, except that the City of Paducah shall nay such portion of cost of construction as required by l -w. Provided that said improvement shall be made upon the ten year payment plan, as provided LbtSections 3101 and 3102 of the Kentucky Statutes. Page 339 SECTION 4. The contractor awarded the work herein provided for shall be paid only from the funds arising from the special tax bills and assessments against the property abutting the improvement herein provided for, and in no other way, except that the said contractor may be paid out of such bonds issued in accordance with the law 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 contractor for the construction of any of the work herein provided for, except the said City of Paducah shall be liable to the said contractor for the excess of fifty (50%) per cent of the value of any property assessed for the construction of the work herein provided for. SECTION 5. The contractor awarded the contract for the work herein provided monthly by for shall be paid Improvement Warrants issued by the . 't.. City of Paducah upon estimates furnished by the ComRlissionEr of Public Works, to the extent of sixty-five (65;5) per cent of the value of the work done or materials furnished by the contractor during the progress of the work, and said Improvement ','/arrants shall bear six (60) 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 Improvemei Warrants shall be negotiable and shall constitute a lien uron 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 provided 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 taxes. The interest on such Improvement Varrants shall be estimated and assessed as a part of the cost of the Improvement herein provided for. SECTION 6. The Mayor is herel;y authorized and directed to execute all Frit ten contracts acid bonds with the successful bidder for the construct - .on of said improvement, as rea,zired by law. SECTION 7. Bids shall be received for the construction and reconstruct - on of said alley out of concrete ac ording to plans and specifications ade and provided therefor by the Commissioner of Public 'Norks and eported to the Board of Commissioners at the next regular or called Page 340 meeting and the contract therefor awarded to the lowest and best bidder, except that the right is expressly reserved to reject any and all bids within the discretion of the Board of Commissioners. SECTION 8. This ordinance shall take effect and be in force ten days after its passage; Signed Mayor Passed by the Board of C^mmissioners May 20, 1929 Recorded by Eunt Crossland, Clerk, May 21, 1929