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HomeMy WebLinkAboutOrdinances Book 9, Page 148, No Ordinance NumberPAGE 148 AN ORDINANCE ASSESSING THE ABUTTING PROPERTY ON BOTH SIDES OF MADISON STREET, FROM THE '.JEST PROPERTY LINE OF FIFTH STREET TO THE EAST PROPERTY LINE OF EIGHTH STREET, AND ON SIXTH STREET, FROM 'THE NORTH PROPERTY LINE OF MADISON STREET TO THE SOUTH PROPERTY LINE OF TRII,1BLE STREET, AND ON SEVENTH STREET, FROM THE NORTH PROPERTY LINE OF MADISON STRF.F.T TO THE SOUTH PROPERTY LINE OF CLAY STREET, IN THE CITY OF PADUCAH, MICCR.ACKEN COUNTY, KENTUCKY, FOR TIIN COST OF CONSTRUCTION OF PAVED STREETS WITH ALL NECESSARY CURB, GUTTER, MANHOLES, INTAKES, CATCH BASINS, SEsIEF PIPE, AND ALL NECESSARY ENGINEERING, ADVERTISING AND LEGAL AND CLERICAL SERVICE IN CONNECTION THEREWITH AS FOLLOWS, TO -MIT: PAVING ON MADISON ST5TH ST.TO 8TH ST. PAVING ON 6TH ST.,MADISON ST.TO CLAY ST. PAVING ON 6TH ST.,CLAY ST.TO TRIMBLE ST. PAVING ON 7TH ST.,MADISON ST.TO CLAY ST. CONCRETE GUTTER CONCRETE DP.IVE:VAYS CONCRETE CURB STRAIGHT CONCRETE CURB CURVED RESETTING GRANITE CURB REBUILDING CONCRETE GUTTER ENGINEERING AND INSPECTION, EXTRA WORK AND I:'TEREST $4.8276287 PER ABUTTING FT. 4'.5931818 " " " 4.4759596 4.5931818 0.35----- PER LIN, FT. 0.30 PER SQ. FT. 0.50 PER LIN. FT. 0.60 11 11 it 0.45 " It it 0.45 n :" if $0.051522728 PER DOLLAR OF CONSTRUCTION C:, AND PROVIDING THAT THE COST OF SUCH CONSTRUCTION, INTEREST, EXTRA VIORK AND ENGINEERING BE CHARGEABLE TO AND ASSESSED AGAINST THE PROPERTY R .CEIV1HG THE BENEFIT OF SANTE, AS SIiO.7N BY THE ENGINEER+S ESTIMATES ON FILE IN THE OFFICE OP THE COMMIISSIONER OF PUBLIC WORKS, AND PROVIDING ,THAT SAID ASSESSMENT MAY BE PAID FOR IN TEN EQUAL INSTALLMENTS, BEING ONE -E.ACH YEAR FOR A PERIOD OF TEN YEARS. VIHEREAS, The Board of Commissioners of the City of Paducal- Kentucky, has heretofore, on the 24th day of April, 1928, adopted an ordinance entitled, "AN ORDINANCE PROVIDING FOR THE CONSTRUCTION OF A DRIVEi:'AY ON 14ADISON STREET FROM THE ':TEST PROPERTY LINE OF FIFTH STREET TO THE EAST PROPERTY LINE OF EIGHTH STREET AND SIXTH STREET FROM THE NORTH PROPERTY LINE OF MADISON STREET TO THE SOUTH PROPERTY LINE OF TRIMBLE STREET AND ON SEVENTH STREET F1301-4 THE NORTH PROPERTY LINE OF MADISON STREET TO THE SOUTH PROPERTY LINE OF CLAY STREET, IIT THE CITY OF PADUCAH, MCCRACKEN COUNTY, T,1N1j1UCKY, 'KITH ALL NECESSARY CURBS, GUTTERS, MANHOLES, !INTAKES, CARCH BASINS AND SEVIER PIPE AND ALL NECESSARY ENGINEERING, ADVERTISING AND LEGAL AND CLERICAL SERVICE IN CONNECTTION THFR3-gITH AT THL' COST OF THE ABUTTING PROPERTY O':IITERS AND PROVIDING THAT SAME MAY BE 0ONSTrUCTED UPON THE TEN YEAR HAYMENT PLAN." and C:IiEREAS, in accordance with said ordinance it is provided that the cost of construction of said driveways, together with all necessary curb, gutter, manholes, intakes, catch basins and sewer pipe and all necessary engineering, advertising and legal csnd clerical service in connection therewith be paid for by the abutting property owners on both sides thereof, except that portion to be paid by ti -e City of Paducah is required by law, and Ilm IP PAGE 149 WTIEREAS, Pursuant to said ordinance, a contract was entered into on the day between the Southern Roads Company, contractors, and the city of Paducah, Iientucky for the construction thereof, and I7-IEREAS, said contract has in all respects been completed and the work th-reunder finished and accepted by the Board Of Commissioners of the City of Paducah on the 27th day of August, 1928, pursuant to notice duly given and inspection of said work and the recommendation of acceptance made therefor by the Commissioner of Public ',forks of the City of Paducah, Kentucky, and pursuant to a motion made by said Commissioner, which vlos duly adopted by the Board of Commissioners, NO'.;', TIr-ME:PORE, BE IT ORDAITdED BY THE BOARD OF C0:7;:I5SIOPIF.7S 0 ^IP CIT`r OF PADUCAH, KEITTUCIa: SECTION 1. That all of the Property on both sides of Madison Street, from the hest property line of Fifth Street to the East property line of Eighth Street, and on Sixth Street, from the North property line of Madison Street to the South property line of Trimble Street, and on Seventh Street from the North property line of Madison Street to the South property line of Clay Street in the pity of Paducah, 1tentucky, as shown by the Engine r+s estimates, be, and the same is hereby assessed for 'the cost of construction of an improved, or asphalt street e!ith all necessary curb, gutter, Iaanholes, intakes, catch basins, sexier pipe and all necessary engineering, advertising and legal and clerical service in connection therewith. All of said ,,cork has been done under the ordinance and contract aforesaid and said assessment is as follows, to -wit; Paving on Madison St.,5th St.to 8th St. Paving on 6th St.,NIadison St.to ClaySt. 'j 4.5931818 11 11 87 per anutting F Paving on 6th St.,Clay St. to Trimble St. 4.4759596 " It Paving on 7th St.sMadison St.to Clay St. 4.5931818 7oncreto Gutter 0.35----- Per lin, ft. oncrete Driveelays 0.30 Per sq_, ft. 7oncrete curb straight ;oncrete curb curved 0150 " Lin. ft. 0.60 " it if ?esettin g granite curb 0.45 " It it ?ebuilding concrete gutter 0.45 :ngineering and Inspection, ;xtra Work and Interest '0;51522728 Per dollar of construction cost. .s shovm by the Engineer's estimates on file in the office of the ommissioner of Public Works, which estimates are adopted and made art hereof. SECTION 2. That all of the funds derived from the assess- °nt of said property aforesaid shall be used for the purpose of kying off the tax bills issued against said property, or such bonds PAGE 150 as may be issued by the City of Paducah pursuant to Section 3101 of the Kentucky Statutes. SECTION 3. That pursuant to Section 3101 of the Kentucky Statutes, as amended and re-enacted and now in force, said assessments may be, at the option of the property owners, payable in cash within thirty days � from the date of the passing and recording of this ordinance, or ih ten annual installments, pursuant to the provisions of said Statutes. SECTION 4. In order to provide a fund for the immediate payment of the cost of that portion of the special assessments herein provided for, and which may be paid on the ten year installment plan, as hereinbefore provided for, the City�of Paducah may issue and sell improvement bonds, and to secure the payment of which bonds, thdr8-1s hereby pledged -such taxes and liens upon the property assessed herein for the payment of the principal and interest on such bonds, but such bonds shall not be sold for less than par, and the proceeds thereof applied exclusively to payment for the improvement of said streets as hereinbefore mentioned, and such bonds, if issued, shall bear interest and shall be payable in accordance with the provisions of Section 3101 of the Kentucky Statutes, as amended and re-enacted by the General Assembly of the Commonwealth of Kentucky and now in force and effect. SECTION 5. This ordinance shall take effect and be in force from and after its passage, record and publication: SIGNED ITTOM PASSED BY THE BOARD OF COUMISSIONERS AUGUST 27, 1928 RECORDED BY HUNT.CHOSSLtMD, CLERK, AUGUST 28, 1928