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HomeMy WebLinkAboutOrdinances Book 9, Page 42, No Ordinance NumberPAGE 42 AN ORDINANCE ASSESSING THE ABUTTING PROPERTY ON BOTH II SIDES OF ',THEELER AVENUE (OR 20TH STREET) FROM THE SOUTH PROPERTY LINE OF JACKSON STREET TO THE 1,11EST PROPERTY LINE OF "B" S9I13 ET; -AND ON "A" SWEET, (OR BAUI,IER AVENUE) FROM THE NORTH PROPERTY LINE OF ':!HEELER SUB -DIVISION TO THP t'MST. CURB LINT OF SIX'IF:FNTH STREET, IN TILE CITY OF PADUCAH, KENTUCKY, THE SUMO OF k,1.60 PER ABUTTING FOOT; IP?TFRP'ST AND EXTRA WORK ;10.018557680 PER ABUTTING FOOT; ENGINEERING �,;O.0275$3670 PER ABUTTING FOOT FOR THE CONSTRUC1ION OF SAID °•TRF'?'TS 13Y. GRADING AND GRAVELING , AND PROVI.ING THAT SUCH COST OF CONSTRUCTION, INTEREST, EXTRA "ORK AND ENGINEFRING BE CHARGEABLE TO AND ASSESSED AGAINST THE PROPERTY RECEIVING THE BENEFIT OF SANE, AS SHOWN BY THE ENGINEERS ESTIPIATE AIID ON FILE IN THE OFFICE OF TIM COMMISSIONER OF PUBLIC 47ORKS, j*D PROVIDING THAT SAID A,EE,s1.TNT MAY $E PAID IN TEN EQUAL INSTALLMENTS, BEING ONE F'ACH YEAR FOR A PERIOD OF TEN YFARS'; INHEREAS, the General Council of the City of Paducah, Yentucky, has heretofore, to -wit: on the day of 1927, adopted an ordinance entitled, "AN ORDINANCE PROVIDING FOR THE IM PROVEhiENT OF BAU1,1ER AVENUE, OR "A" STREET, FROM THE NORTH PROPERTY LINT OF 5.7IEFLER ADDITION TO THE WEST CURB LINE OF 16TH STREET, IN -THE CITY OF PADUCAH,: KENTUCKY, BY THE GRADING AND GRAVELING OF SPME, TOGETHER '''ITH ALL NECESSARY MANHOLES, INTAKES, CATCH BASINS AND SE'.`!ER PIPE CONNECTIONS, IN ACCORDAIiCE "'ITH THE PLANS AND SPECIFICATIONS PROVIDED THEREFOR BY THE i QITY ENGINEER, AT THE, COLT OF THE ABUTTING PROPERTY OiINERS, AND PROVIDING TFL^.T THE COST OF' SUCH CONSTRUCTION MAY BE PAID IN ACCORDANCE 'WITH THE PRO",-ISIONS OF THE TEN YEAR PAYMENT PLAN.' And also an ordinance entitled, "AN ORDINANCE PROVIDING OR THE II:IPROVFI',TNT OF !7IIEELER AVENUE, FROM THE SOUTH PROPERTY LINE OF JACKSON STREET TO THE '.7E8� FROPER`i'Y LINE OF "B" STREET, IN THE CITY OF PADUCAH, KENTUCKY, BY THE GRADING AND GRAVYLING OF SAME, TOGETHER '°ITH ALL IdFCESSAPY yLATIOLES, INTAKES, CATCH BAFINS AND SE.7ER PIPE CONNECTIONS, IN ACCORDANCE '7ITH THE PLANS AND SPECIFICATIONS PROVIDED THEREFOR BY THE CITY EI•IGINEER, AT THE COST OF THE ABUTTING PROPERTY OC'NERS, AND PROVIDING THAI THF COST OF SUCII CONSTRUCTION I'AY BE PAID IN ACCORDANCE !:'ITH THE PROVISIONS OF' THF: TEN YEAR PAYMENT PLAN; and 17HEREAS, in accordance vith said ordinance, it was provided ti,at the cost of the construction of said streets be paid for by the abutting pboperty owners on both sides thereof, except that port to be paid by the City of Paducah, as required by law, and 'JHrREAS, pursuant to said ordinance a contract was entered into on the day of 1927, between Fraser 5. Cocke, Contractors, and the City of Paducah, Kentucky, for the con - struction thereof, and i PAGE. 43 '.7HEREAS, said contract has in all respects been com- rleted and the work thereof finished and accepted by the Eoard of Commissioners of the City 0" Paducah, hen-ucky 6n the 16th day of April, X928, pu'rstiiant to the recommendation made therefor by the Commissioner of Public .7orks of the City of Paducah, Kentucky, and pursuant to a motion made by said Commissioner, which motion was duly adopted by the Beard of Commissioners; IO',7, T1EREPORE, BE IT ORL'hINL'ii _ Y THE, BOARD OF C01j119I; t I011 RS OF THE CITY OF PA i)UCAH, KENTUCI.Y: SECTION 1. That all of the nroperty on both sides of ".'heeler Avenue (or 20th St.) from the -outh property .line of Jackson Street to the "lest property line of "B" Street, and on "A" Street, (or Baumer Avenue), from the Nprtb property line of ':!heeler Sub - Division to the ':.'est curb line of 16th Street, in the City of Paducah, Kentucky, be and the same is hereby assessed for the cost of the construction of said streets the sum of "'1.60 per abtitting foot; and for interest and extra work 00.018557680 per abutting foot; and for engineering x70.027583670 per abutting foot, by grading and graveling same, as shoi^m by the Engineerts estimates on file in the Office of the Commissioner of Public ":!orks, which estimates are made part hereof. SECTION 2, That all of the funds derived from the assessment of said property aforesaid shall be used.for the purpose of paying Off tha tax bills issued a�7ainst said property, or such bonds as may be issued by the City of Paducah pursuant to Section 3101 of the Kentucky Statutes'. Si•CTION 3. That pursuant to Section 3101 of the Kentucky Statates, Ias 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 in ten annual installments, pursuant to the provisicns Of said Statutes. SECTION 4. I In order to provide a fund for the immediatee I p yment of the cost of that portion of the special assessments herein provided for, and which may be paid on the ten year :instillment plan,l as hereinbefore provided for, the City of Paducah may issue and sell improvement b,nds, and to secure the payment of which bonds, there if hereby pledged such taxes and liens upon the property I PAGE 44 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 pro- ceeds thereof applied exclusively Iro Payment for the improvement of said streets as hereinbefore mentioned, and such bonds, if iesued, shall bear interest, and shall bo payable in accordance with the provisions of Section 3101 of the ::entucky Statutes, as amended and re-enacted by the General Assembly of the Go mnonwealth of Kentucky and now in force and effect. SECTIOI'd 5. This ordinance shall take effect and be in force from and after its passage, record and publication. Passed by the Board of Commissioners, Alr,928 Recorded by i=unt Grossland,Clerk, �� 1928 _: ;...._.-. Signed Mayor