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HomeMy WebLinkAboutOrdinances Book 6, Page 90, No Ordinance NumberAN OPDINANCE ASSESSING THE ABUTTING PROPERTY ON BOTH SIDES OF FOUNTAIN AVENl1E FROM r40NROE STRFI-;T TO THE ,IINKLEVILLE ROAD, IN THE CITY OF PADUCAH, KEIdTUC'•<Y, THE 9Mj OF �l_723259 PFR FRONT FOOT POR THI: COST OF THE CONSTRUCTION OF CONCRETE SIDEWALKS AND GUTTERS, TOGATH)'R 4YITH GRANITE CURBING AND ALL ;;EPILLRS, MANHOLES, INTAKES, CATCH ASINS AND DRIVEWAYS IN SADD CONSTRUCTION, EXCEPT THAT PORTIO; -1 PAID BY THE CITY OF PADUCAt;AND PROVIDING THAT SAID ASSESS,:ENTS .%iAY HE PAID IN TFN EQUAL INSTAr,LT,TE1TS, ONE EVERY YEAR FOR A PERIOD OY TEN YEARS. WHEREAS,the General Council of the City of Paducah, kentucky, has heretofore, to -wit: -September. 9th, 1909, adopted an ordinance entityed,"An Ordinance Providing for the construction of sidewalks, curbs L,id k,ztter.s, -ndthe. necessary sewers, manholes, intakes, and catch basins on both sides of Foun- tain Avenue, or Seventeenth Street, from a point where same intersects the North curb line of Monroe Street to a point where same intersects the Circle around. Lang Park; thence ,around said Circle and out Fountain Avenue, or Seventeenth street, to a point where same intersects the South curb line of Trimble Street, in the City -of, Paducah, Kentucky;" and, Whereas, in accordance -with said ordinance it was provided that, the said cost of construction of said sidewalks, curbs, gutters, sewers, intakes, Manholes and catch basins, should be paid fwr-by and, the abutting property holders on Doth sides of Laid spreet, except the intersections of streets and. public alleys; Whereas, in pursuance thereof a contract was entered into between A.,J_Miller & Son and the City of Paducah for the construction thereof; and, Whereas, said contract has been completed and the work thereof finished and accepted by the General Council of the City of Paducah according to law; now therefore, Be it ordained by the General Council of the City of •'aduca!, K entuay: Sec;l.That all of the property on both sides of Fountain Avenue from i point where same intersects the .North curb line of Monroe Street to a point where same intersects the iouth curb line of Trimble Street, or the Hinkleville Road, -is hereby assessed the sum of ;'1,723259 ner front foot, for the cost of construction of said sidewalks, curbs, utters, sewers, manholes,- intakes, catch basins, and driveways. Sec2.That ill of the funds derived from the assessment of said property, is aforesaid, shall be used for the purpose of paying off the special tax bills issued against said property, and for the cost of construction of said 'Anrk, Sec -3. That pursuant to Section 3101 of the Kehtuuky statutes, as amended and re-enacted by an act of the Beneral Assembly of the Commonwealth of Kentucky, for 1910, entitled, " An Act to amend and Re-enact Sections 3094,.:3094, 3097, 3099, 3099, 3100, 31.01, and 3102 of the Kentucky Statutes, relating to the control end improvement of streets, public ways, landings, wharves, grounds and sidewalks in cities of the second class", -said assessments -iay, at the option of ;.he property owners, be Payable in cash, without intrest, w; tliin thirty (30) days from the date of the passal;e,•approval and pubLication of this ordinance, or in ten (10) annual installments, purs-iant to the pro- visions of said section. Sec.4. In order to provide a fiend for the immediate payment of L, e cost of that portion of the special assessments herein provided for, and which are t) be )aid upon the installment payment plan, as hereinbefore provided for,- the General Council shell issue and sell Improvement Bonds in anticipation of the collection of said special tax bills whi6h are to be paid upon the instal .merit payment plan, and to secure the payment of which bonds there is hereby pledged•such taxes and liens on the property for the payment of the principal and interest of such bonds, and such bonds shall be sold for not less than par, and the proceeds thereof applied exclusively to the payment for the improvement of said sidewalks, curbs and gutters, hereinbefore mentioned, and such bonds shall be issued in accordance with, and shall bear interest in. accordance with, arid�aberrvier"o.st_yn-c"corclance-,with, and shall be Payable in accordance with Section 3102 of the Kentucky Statutes, as amended + and re-enacted by the General Assembly of the Commonwealth of Kentucky, of 1 1 and oto tttt dd i a t en ed " An to �(3i a d Re -enc t I �c�3ons 38P, U�6, X097 ej09S, , X100, 3iF� and j�}2 0 the Kentucky -&6 Statutes, relating to the control and improvement of streets, public ways, landings, wharves, grounds and sidewalks in cities of the second class." Sec.5. This ordinance shall take effect and be in force from and after its passage, approval and publication. g_j. Ma