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HomeMy WebLinkAboutOrdinances Book 14, Page 18, No Ordinance NumberAN ORDINANCE AUTHORIZING TILE MAYOR OF THE CITY OF PADUCAH, KENTUCKY TO NOTIFY THE KENTUCKY UTILITIES COMPANY IN TMI'MIG THAT TIM CITY DESIRES TO ACQUIRE, OVN AND OPERATE A MUNICIPAL ELECTRIC PLANT WITHIN THE CITY; AND TO NOTIFY SAID COMPANY IN WRITING OF THE DESIRE OF TILE CITY TO ENTER INTO AN AGREEMENT AS TO THE VALUE OF THE ELECTRIC SYSTEI-1 01IRTED BY SAID COI'IPANY l'TITHIN SAID CITY; PROVIDING FOR TIE INITIATION OF PROCEEDINGS TO ACQUIRE THE EXISTING ELECTRIC SYSTEM O:TNED BY SAID CO!.-IPANY IJITHIN SAID CITY; AND AUTHORIZING SUCH OTHER STEPS AS 14AY BE APPROPRIATE OR REQUIRED UNDER EXISTING LA1,11S WHEREAS, Kentucky Utilities Company now provides electric service in the City of Paducah under a franchise which became effective September 17, 1940 and which expires on September 17, 1960, and F -.=REAS, said franchise contains provisions pursuant to which the City has the right to purchase and the Company is required to sell the electric system owned by the Company vrithin the City of Paducah at a price determined by agreement or by a Board of Appraisers appointed in the manner specified in said franchise, and 1,1HEREAS, the City attempted to exercise its right of purchase under said franchise and the Board of Commissioners of the City of Paducah on November 28, 191,1;., gave notice to said Company of the desire of the City to purchase said system under the provisions of the franchise, and WHEREAS, said Board of Commissioners by ordinance adopted January 30, 1945, authorized the Iiayor to appoint a board of public utilities to be known as the Electric Plant Board of the City of Paducah, and said ordinance prescribed the functions and responsibilities of said Electric Plant Board under and pursuant to the franchise of September 17, 1940 and Chapter 18 of the 1942 Acts of the General Assembly of the Commonwealth of Kentucky, being Sections 96.550 to 96.900 of the Kentucky Revised Statutes, and known as the T. V. A. Act, and WHEREAS, the acquisition efforts of the City and the Electric Plant Board became involved in litigation with said Company and others extending over a period of many years, culminating in a decision of the Court of Appeals of Kentucky on December 11, 1953 (264 S.W. 2d 848) in an action styled City of Paducah, Kentucky, et al v. Kentucky Utilities Company, a Corporation (And Consolidated Action of L. P. Hite, et al. v. Rudy Pierce, et al.), which de- termined in effect that while the City's franchise right of acquisition was valid and enforcible, the appraisals and other 19 proceedings under the franchise had not established a price at which the City was entitled to buy or the Company obligated to sell, and that another appraisal would be required before the Board of Appraisers could establish such a price, and WHEREAS, the Court of Appeals thereupon remanded the case to the IdcCracken Circuit Court for further proceedings, and WHEREAS, no action has been taken in the I•IcCracken Circuit Court except that the Board of Commissioners of the City by Resolution adopted February 16, 1959, and the Electric Plant Board by Resolution dated February 17, 1959 authorized the dismissal of said litigation and said litigation was dismissed on February 20, 1959, and WHEREAS, by an ordinance adopted on January 20, 1959 the Board of Commissioners authorized Burns erMcDonnell Engineering Company of Kansas City, Missouri, to make a survey of and report on the present desirability and feasibility of the acquisition by the City of Paducah of the electric system of the Kentucky Utilities Company within the City, and WHEREAS, said report has been submitted and the Board of Commissioners has concluded after a study thereof that it would be to 'the interest of the City to acquire the electric system of the Kentucky Utilities Company within the City of Paducah, and WHEREAS, under the provisions of IRD 96.010, at least eighteen months before the expiration of any franchise the legislative body of each city is required to provide for the sale of a new franchise, subject to certain exceptions, including among such exceptions the case of cities other than those of the first class which desire to own and operate a municipal plant to render the required service, and WHEREAS, it is the desire of the City of Paducah to acquire, own and operate its own municipal electric system and not to grant a franchise for electric service to the present holder thereof or to any other person or corporation, and WHEREAS, sub -section (a) of Section 7 of the said franchise provides that in order for the City to acquire the electric system of Kentucky Utilities Company under said franchise, the City shall notify the Company in writing of its desire to enter into an agree- ment with the Company as to the value of such electric system within the City. 20 I,10W THEREFORE, BE IT ORDAINED BY THE BOARD OF COj4.,USSIO1,IIRS OF THE CITY OF PADUCAH, KENTUCKY: SWTION 1. That it is the desire of the City of Paducah to own and operate a municipal electric plant, and that no franchise shall be granted or sold for providing electric service within the City of Paducah upon the expiration of the existing franchise to Kentucky Utilities Company on September 17, 1960. SECTION 2. That it is the desire of the City of Paducah to enter into an agreement with Kentucky Utilities Company as to the value of the electric system owned by it within the City. SECTION 3. That the 14ayor of the City of Paducah be, and he is hereby, authorized and directed to give notice in waiting to Kentucky Utilities Company of the desire of the City as expressed in Sections 1 and 2 hereof. SECTTION 4. That the Electric Plant Board of the City of Paducah is hereby requested to take appropriate steps to acquire the existing electric system of Kentucky Utilities Company within the City under the provisions of the franchise of September 17, 1940 and applicable law, carrying out its activities under and pursuant to the ordinance of January 30, 1945, and discharging the functions prescribed therein. SECTION L. That if no fair and reasonable price shall be agreed upon within sixty (60) days after the aforesaid notice has been given to Kentucky Utilities Company, a Board of Appraisers consisting of two members shall be appointed, one by the i+layor with the approval of the Board of Commissioners, and the other by the Kentucky Utilities Company, and the I,Iayor is hereby authorized to appoint an appraiser for the City in accordance with the provisions of said franchise of September 17, 1940, subject to the approval of such appointment by the Board of Commissioners, and to take such further action as may be necessary and appropriate to carry out the purposes of this ordinance, subject to the provisions of law. SECTION 6. All ordinances or parts of ordinances in conflict herewith are, to the extent of such conflict, hereby repealed. SECTION 7. That if any section, paragraph or provision of this ordinance shall be found to be inoperative, ineffective or invalid for any cause, the deficiency or invalidity of such section, paragraph or provision shall not affect any other section, paragraph or provision hereof, it being the purpose and intent of this ordinance to make each and every section, paragraph and provision hereof separable from all other sections, paragraphs and provisions. 21 SECTION 8. This ordinance shall be in full force and effect from and after its adoption. Di a!y/ r Passed by the Board of Commissioners February 24, 1959 Recorded by Sarah Thurman, City Cleric, February 24, 1959