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HomeMy WebLinkAbout80-10-2011841 ORDINANCE NO. 80-10-2011 AN ORDINANCE AUTHORIZING THE -MAYOR AND CITY CLERK TO ENTER INTO AN AGREEMENT WITH ILLINOIS CENTRAL -GULF RAILROAD COMPANY TO CONSTRUCT- A PUBLIC GRADE CROSSING'IN THE VICINITY OF OLIVE STREET IN PADUCAH, KENTUCKY BE "IT ORDAINED BY THE CITY OF PADUCAH; KENTUCKY: SECTION 1. That the Mayor and City Clerk be, and` they are hereby, authorized to enter into an agreement with Illinois Central Gulf Railroad Company to construct a public grade crossing in. the vicinity of Olive Street in Paducah, Kentucky; a copy of said agreement is attached hereto and made a part hereof as if set out in full herein. SECTION- 2. The estimated cost of the work to be done by Illinois Central Gulf Railroad Company is $1,680:51. However, the City agrees to reimburse the Illinois Central Gulf .Railroad' an amount equal to the cost of such work as shall be performed under this agreement-. The Illinois Central Gulf -Railroad shall maintain this crossing as- long as it is in place, such costs to 'be repaid'to- the Illinois Central Gulf Railroad Company by the City of Paducah, Kentucky. SECTION 3r The cost for said construction, of this` :grade crossing shall be charged to Federal Revenue- Sharing :Account No.. 3.454. SECTION 4. This ordinance shall be read on two separate days and will be effective upon publication of title and a certified summary thereof. f. ` Mayor Introduced by the Board of Commissioners October- 1.4, 1980 Passed by the Board of •Commi•ssioners October. 28 1,980 Recorded by Louise McKinney, City Clerk, October 28, 1980 Published by The Paducah Sun November 3, 1980. Y