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HomeMy WebLinkAboutOrdinances Book 10, Page 1433, No Ordinance NumberAN OR)I''A:TCE AL' RIORI'LING r!* CITY 'riiEASURER TO TRAi_MFLh TO 'riiE CONPINGE.iQT FUND AND USE FOR IFE PAYMiL-N'P OF GL•NhRAL GrVLRNMEENTAL EXPENSE OF THE CITY OF PADUG'AH DURIidG 'I'IiE YEAH 1946 THE SUI: OF x,24,840.27 DN'OS!TED TO THE HARD SURPACL STREET ACCOUNT. TOGETHER 7'ITF SUCH ADDI VIONAL SUNS AS '0AY BE COLLKCTED FOR STREET PAVIIQG CONSTRUCTED BY THE CITY OF PADUCAH I`: COHJUICTI WITH THE '"'ORK PROJECTS ADMIT?IST^.ATION UN IL THERE HAS BEE:,i PAID IN r0 SAID FUND T?E TOTAL SUIS OF 1'38,252.21, AND TO HOLD ANY EXiCF.S COLLECTIONS SUBJECT TO Tu F. FURMER ORDERS OF THE BOARD OF COId21.ISSIONERS ?PTERFAS, under and pursuant to ordinances adopted by th 3oard of Commissioners, certain streets have been paved by the City of Paducah in conjunction with the ';corks Projects Administr: at the exclusive cost of the owners of real estate abutting upon the improvement as provided under KRS 94.290; and, '.WHEREAS, since all of said projects have been completed, an audit was made on June 8th, 1943 for the purpose of determinin= the amounts which should be paid into the general fund on account of the credits to which the City of Paducah is entitled for rentals nd other allowances approved by the 7,orks Projects Administration du in the proZress of the work; and, WHEREAS, it is shown by the audit made by Mr. Lloyd that the total cost of all of said street improvement assessmen amounted to ''324,155.95; and, ,!"EREAS, the City. of Paducah was also required to bear expense of assessments against school property and lots owned by it, which expense amounted to `4,190.48; and, iHEREAS, that part of the aforesaid total expense char. ble to the City of Paducah for the construction of street intersecti amounted to `38,508.42 of the aforesaid tct al expense; and, ;J'1LREAS, by reason of the conservative estimates made b the City Engineer durinZ the proress of the work, the sum of onLy `'223,516.40 ;,.,as assessed against the abutting property owners an the difference of :`62,131.13 is a part of the expense which was contributed by the City of Paducah for the use and benefit of ss d property owners; and, 'irTFREAS, under the a ,reement between the City of PaducaY. And the '.%orks Projects Ad�nnistration, the latter alloews tnw Ci of Paducah for dtts jasoline used on said construction jobs, for labor furnished by the City of Paducah, for the rental of city owrned equipment, and for the rental of a warehouse the followin cred:i ts: Credits allowed c ty bf ':.or'.cs Projects Administration A;uou:1t :aid out of 300 Account ;13,399.18 1434 Payrolls ;18,250.90 Rental for Equipment 103,532.15 Rent for :J.P.A.7larehouse 2,900.00 Total Credit 143.082.24 AND ;J?iEREAS, after deductinG from the aforesaid credit of •F'•143,082.24 to which the City of Paducah is entitled the cost of street intersections amounting to `'38;508.42, the assessments le against school property and against lots owned bry said city amounting to ''4,190.48, and the sum of y;62,131.13 which the City of Paducah paid for the use a d benefit of the property owners, there remains to the credit of the City of Paducah the sum of :5..38,252.21; and, 51hiEREAS, the total assessments levied against the owners of property abutting upon said improvements amount to "'223,516.40 and the total sum paid by them amounts to :`;205,913.38, leav nS du and payable upon said assessments the sum of '18,602.52; and, XTE,4EAS, the total amount collected from said taxpayers beim '205,913.88 and the total disbursements amountin- to '.,181,0 there is deposited at t:is time in the special street pavinZ ace the sum of '24,840.27 and all bills owing by said city for said improvements havin.r been paid; and, WHEREAS, it appearing from said audit report that on account of t`,e aforesaid credit in the sum of X143,082.24 allowed the City of Paducah by the :dork Projects Administration, the.ge fund is entitled to reimbursement in the sum of 4'38,252.21; NOYJ THEREFORE, BE IT OnJ Ti,?_7 ' P`4`c BOARD OF COS7.ISSIONERS OF THr, CITY OF PADUCAH, KENTUCKY: SECTION 1 That the City Treasurer be, and he is hereby authorized and empowered to ti;ansfer to the Zeneral fund and to the credit the contingent fund for use in payment of such expense as may be authorized by the Board of Com.nissioners Burin.- the year 1946, th sum of '7.24,840.27 now de)osited to the hard surface street accoun together uith such additional sums as may be collected for street pavan! constructed by the City of Paducah in conjunction vrith the ,fork Projects ',dministrat.ion until they e h•As been paid to the ge: fund the sum of ;,38,252.21, and said Treasurer shall hold any excess collections subject to the further orders of the Board of Commissioners. SEC PI Oil 2. As required under the provisions of -5S 89,640, the City Clerk is hereby authorized to cause to be published in the Sun -Democrat a notice of the introduction of t'iis ordinance and 3.71, it 11 proposal to transfer to the :;eneral fund from the special hard suface street accou.Zt the sum of 24,.:40.27, to,ether with such addit:ionril 1435 sums as may be collected for said street construction worir. SECTION, 3. All ordinances and resolutions and parts 86 ordinances and resolutions in conflict herewith are to the extent of such conflict hereby repealed. SECTION 3. This ordinance shall be introduced at a regular meeting of the Board of Commissioners and remain on file for at least seven (7) days for public inspection in its completed form in Vnica it shall be nut upon its final passage, and if adopted it shall be in full force and effect ten (10) days thereafter. i - a .. ay� Introduced by the Board of Commissioners, July 16, 1946 Passed by the Board of Commissioners, July 31st, 1946 Recorded by R, dy Stewart, :Ity Cleric, July 31st, 1946.