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HomeMy WebLinkAboutOrdinances Book 7, Page 345, Ordinance Number 127r1d ORDIU.,IICE to provide for the construction, operation and tenance of dater ',Yorks by the City of Paducah, Kentucky. BE IT ORD.-.IIED ,ND 1211 CTED BY TliE BWaD OF :OLI.:ISSIOTIEBS, CIT -- OF PnDUCYH, KENTUCKY. Section 1. The City of Paducah, Kentucky shall construct, operate and maintain a system of 'dater L orks in the City of Paducah, Kentucky, for furnishing water to its inhabitants for public and domestic, uses and for fire protection as set out hereinafter. Section 2. The said City of Paducah shall install its own fire hydrants and furnish water to extinguish fires in all that territory of the City of Paducah in which are located the first One Hundred and Fifty fire hydrants installed under the twenty ,year contract for use of fire hydrants made by ordinance of the City of Paducah, Kentucky, approved September 30, 1884, and amended by ordinance approved October 6,' 1884, which ordinance constituted a contract between the City of Paducah, party of one part, and one J. :. Jones, of St. Louis, L_issouri, and his. assigns, party of the other part, and which twenty year rental contract for the one hundred and fifty fire hydrants has expired under said ordi- nance. Section 3. The said City of Paducah shall install its own fire hydrants to extinguish fires and for other public uses in all that territory of Paducah in which additional fire hydrants have been in- stalled under said ordinance and contracts with J. &. Jones and his assigns above set, out in section two of this ordinance and on which fire r No. 6W Ordinance No. hydrants so installed under said contract the twenty year rental con- tract had expired on January 1, 1915. Section 4. In the remaining territory of Paducah in .which fire hydrants were installed by J. A. Jones and his assigns under said ordinance of the City of Paducah above set out and on which fire hydrants the twenty year rental contract has not expired the said City of Paducah shall only install its fire hydrants as rapidly as the twenty year contract shall expire on the fire hydrants which have not yet expired. Section 5. For the purpose of paying for the construction and installation of said 'dater '�',orks system the said City of Paducah shall issue and sell its bonds to the amount of Two Hundred and Fifty Thousand Dollars, which bonds shall draw five per cent interest per annum, interest payable semi-annually, each bond being of the denomination of one thousand dollars and payable twenty years after its date, and which bonds shall be sold for not less than par, the interest and principal being payable in Paducah, Kentucky, at the office of the Commissioner of Finance of the City of Paducah, and said bonds being redeemable at par by the City of Paducah at any interest bearing period after ten years from their date. Section 6. The rates charged the inhabitants of Paducah for water shall be the same as charged to the inhabitants of Cleveland, Ohio, for water on January 1, 1915, by the City of Cleveland, Ohio. Section 7. Before this ordinance shall take effect it shall be submitted to a vote of the qualified voters of the said City of Paducah, Kentucky, at an election held in Paducah, Kentucky, at the voting places in the several wards on the 2nd day of ilovember, 1915, and should a majority of the qualified voters voting at said election vote for the adoption of this ordinance then the same shall take: effect and become a law; but if a majority of the voters at said election should vote against this ordinance then the same is to be null and void. Board voted to submit Ordinance to people, Sept. 14, 1915. Voted on at Election of Nov. 2, 1915- Certificate of Election recorded in I,:inute Book Page 105, ILeeting of Nov. 15, 1915. Recorded by H. D. Hendrick, City Clerk, Dec. 18, 1917. E