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HomeMy WebLinkAboutOrdinances Book 9, Page 313, No Ordinance NumberV Page 31'3 AN ORDINANCE PROVIDING FOP TUT CONSTRUCTION A"D RECO'NSTRUCTIDN OF THE DR1VF,,!AY ON BRIDGE STRFFT, FROM THE '3EST FND OF THE ISLAND CREEK BRIDGE TO THE VfEST 'ROPFRTY LINE OF BROAD STRFFT, INCLUDTNG THE INTFHSECTION AT BP.IDGE AND BROAD STRFETS, IN THE CITY OF PADUCAH, McCRACKEN COUNTY, KF.NTUCICY, 1:7ITH ATL NECESSARY CURBS, GUTTERS, DRIVE71AYS, MANHOLFS, INTAKES, CATCH BASINS, SE':.Z:H AND DRAIN PIPE, AND ALL NECESSARY FNGINLF^.RING, ADVERTISING AND LEGAL AND CLERICAL SERVICE IN CONNECTION T!-TARE1,7ITH AT THE COST OF THE ABUTTING PROPERTY 0' NFRS AND PROVIDING TFAT SAME I'dAY BE CONST'UCT1!D UPON THE TEN YEAR PAYMENT PLAN. BE IT ORDAINED BY THr BOARD OF COMMISSIONERS OF HH E CITY OF PADUCAH, KENTUCKY: SECTION 1. That the driveway on Bridge Street, from the West end of the Island Creek Bridge to the '::'est property line of Broad Street, including the intersection at Bridge and Broad Streets, in the City of Paducah, Kentucky, with all necessary curbs, gutters, driveways, manholes, intakes, catch basins, sewer'and drain pipe, and all necessary engineering, advertising and legal and clerical service in connection therewith, be, and the same is hereby oddered. to be constructed and reconstructed with concrete, asphalt, bitulithi or other improved paving material as may be determined by the board of Commissioners as tle best abd most economical material for tie construction and reconstruction thereof, upon bids made therefor, and all to be done in strict accordance with the plans, specification grades, wirlths, profiles and drawings of the Commissioner of Public 17orks prepared by him for such purposes, all of which are hereby adopted as a part of this ordinance as "ally as if embraced herein or attached hereto and made part hereof and marked "A" for more specific identification. SECTION 2. That said -ork shall be constructed under the direction and supervisiola of the Commissioner of Pdblic Works, if and scall be commenced at a time designated by contract for the performance of said work, and completed on or before eight months after the passage and recording of this ordinance. SECTION 3. That all the cost incident to said construction ..• and reconstruction of said streets, as provided in Section 1 hereof, shall be p^id for wholly by the property owners and property abutting or fronting t"ereon on both sides of said street and to be apportioned to and assessed against the property ocners and property abutting on both sides of said street according to the number of feet Page 34 or abutting feet thereon, except that the City of Paducah shall pay such portion of cost of construction as reruired by law. Provided that said improvement shall be made upon the ten year payment plan as provided inWO Sections 3101 and 3102 of the Kentucky Statutes. SECTION 4. The contractor awarded the �-rork herein provided for shall be paid only from the funds arising from the Special Tax Bills and assessments against the property abutting the improvement herein provided' for, and in no other way, except that the said contractor may be paid out of such bonds issued in accordance with the law of the City of Paducah and charter cities of the second class of the State of Kentucky, and for the payment of which, said tax bills and assessments may be i pledged by the said City of Paducah; and in no event shall Vie said City of Paducah be liable to the Contractor for the construction of any of the work herein provided for, except the s.9id City of Paducah shall be liable to the said contractor for the excess of fifty (50%) per cent of the value of any property assessed for the construction of the work herein provided for. S70TION 5. The contractor awarded the contract for the work herein provided for shall be paid monthly by Improvement !arrants issued by the City of Paducah upon estimates furnished by the Commissioner of Public Ylorks, to the extent of sixty-five (65%) per cent of the value of the work done or materials furnished by the contractor during the progress of the work, and said Improvement !jarrants shall bear six (6%) per cent interest from date of issual and shall be issued by the Commissioner of Public Finance upon order of the Board of Commissioners. Said Warrants shall be negotiable and shall constitute a lien upon the local taxes to be hereafter levied for such improvement, and shall be payable at the office of the Commissioner of Public Finance, without notice to the holder thereof, upon completion and adeeptance of the work herein provided for, out of the first collection of such local taxes, or out of the proceeds of the sale of any Improvement Bonds issued in anticipation of such local taxes. The interest on such Improvement 1"larrants shall be estimated and assessed as a part of the cost of the improvement herein provided for. SECTION 6. The Mayor is hereby authorized and directed to execute all written contracts and bonds with the successful bidder for the construct-, ion of said improvement, as required by law. Page 016 SECTION 7. Bids shall be received for the construction of said work out of concrete, asphalt, bitulithic, or any other improved paving; material according to the plans and specifications made and provided therefor by the Commissioner of Public 'forks and reported to the board of Commissioners at the next regular or called meeting and said board of Commissiom rs shall determine the material with which said street shall be constructed and award the contract therefor to the loviest and best bidder, except that the right is expressly reserved to reject any and all bids within the discretion of the board of Commissioners. SECTION 8. This ordinance shal•1 take effect and be in force ten dajrs after its passage. Signed //��f�_.; ✓ _: Mayor Passed by the Board of Commissioners April k�,-1929 Recorded by Punt Corssland, Clerk, April 16, 1929 1,.