HomeMy WebLinkAboutOrdinances Book 16, Page 99, No Resolution Number99",
A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE
BELLEMEADE SANITARY SEWER CONSTRUCTION FUND, CONTRACT NO. 1 IN
PEOPLES FIRST NATIONAL BANK &. TRUST COMPANY TO WILEY AND LACKEY
WHEREAS on May 23, 1960 the real estate firm of Wiley and
Lackev made a proposal to the City for the construction of sanitary
sewers and a lift station adioininr_ Blandville Road and Kennedy
Road, known as Bellemeade Suhdi7ision, whereby the City was to pay
the sum of$20,000.00 toward such construction, to be recovered by
sewer connection fees, and Wiley and Lackey were to pay the balance,
and
WHEREAS such proposal was accepted by the City by resolution
adopted May 24, 1960 and of record in Ordinance Book 14, page 262, and
WHEREAS by ordinance adopted December 1, 1960 and recorded in
Ordinance Rook 14, page 376, the contract for such sewer construction
was awarded to L. E. Crolley, d/b/a Crolley Construction Company,
in the amount of $33,649.3.`, and immediately thereafter an account
was opened in Peoples First National Bank & Trust Company of Paducah
known as "Bellemeade Sanitary Sewer Construction Fund, Contract No. 1"
and the sum of 1'20,000.00 was deposited therein by the City and the
sum of $13,699.35 was deposited therein by Wiley & Lackey, and
WHEREAS the actual unit cost of said sewer project amounted
to $32,159.£0 which was duly paid to the contractor and left in said
account the sum of $1,529.55, and
WHEREAS under the terms of said proposal the said Wiley and Lackey
is entitled to a refund of such amount.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE CITY OF PADU CAH, KENTUCKY:
SECTION 1. That the City Manager and Acting City Treasurer
are hereby authorized and directed to pay to Wiley & Lackey of Paducah,
Kentucky, the sum of $1,529.55 from the account in Peoples First National
Bank Pr, Trust Company of Faducah, known as "Bellemeade Sanitary Sewer Con-
struction Fund, Contract No. 1", said amount to be in full settlement of all
ohlirrations to Wiley &. Lackey in connection with the construction of sanitary
sewers in 1960 and 1961 in Bellemeade Subdivision in Paducah.
SECTION 2. This Resolution shall be in full force and effect from
and after its adoption.
Mavor
Adopted by theBoard of Commissioners April 25, 1967
Recorded by Sarah Thurman, City Clerk, April 25, 1967.