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HomeMy WebLinkAboutOrdinances Book 9, Page 77, No Ordinance NumberPAGE 77 AN ORDINANCE ASSESSING THE ABUTTING PROPERTY ON BOTH SIDES OF TENNESSEE STREET, FROM THE WEST PROPERTY LINE OF 25TH STREET TO ELM STREET; AND ON 25TH STREET, FROM THE SOUTH CURB LINE OF JACKSON STFEET TO THE NORTH CURB LINE OF TENNESSEE STREET; AND ON ELM STREET FROTH THE SOUTH CURB LINE OF TENNESSEE'STREET TO THE WEST CURB LINE OF MISSISSIPPI STREET; AND ON 24TH STREET, FROM THE SOUTH CURB LINE OF ELM STREET TO THE SOUTH PROPERTY LINE OF NORTON STREET; AND ON NORTON STREET, FR„M THE EAST CURB LINE OF 24TH STREET TO THE WES1' CURB LINE OF MISSI"SIPPI STREET, IN THE CITY OF PADUCAH, KENTUCKY, AS FOLLOWS: GRAVEL CONSTRUCTION, 39 FEET IN WIDTH $1.80 PER ABUTTIN( FOOT; GRAVEL CONSTRUCTION, 37 FEET IN PJIDTII '$1.60 PER ABUTTING FOOT; GRAVEL CONSTRUCTION, 24 STET IN WIDTH $1.25 PER ABUTTING FOOT; INTEREST $0.026080549 PER ONE DOLLAR OF CONSTRUCTION COST; ENGINEER- ING $0.039333223 PER ONE DOLLAR OF CONSTRUCTION COST FOR THE CON- STRUCTION Or SAID STREETS BY GRADING AND GRAVELING, AND PROVIDING THAT THE COST OF SUCH CONSTFUCTION, INTEREST, EXTRA WORK AND ENGINEERING BE CHARGEABLE TO AND ASSESSED AGAINST THE PROPERTY RECEIVING THE BENEFIT OF SAME, AS SHOWN BY THE ENGINEERIS ESTIMATE AND ON FILE IN THE OFFICE OF THE COMMISSIONER OF PUBLIC WORKS, AND PROVIDING THAT SAID ASSESSMENT MAY BE PAID IN TEN EQUAL INSTALLMENTS, BEING ONE EACH YEAR FOR A PERIOD OF TEN YEARS. i , WHEREAS, the General Council of the City of Paducah, Iientucky, has heretofore, to -crit: on the .2�p day of i 192 , adopted an ordinance entitled, "AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF 25TH STREET, FROM THE SOUTH CURB LINE OF JACKSON STREET TO THE NORTH CURB LINE OF TENNESSEE STREET;, TENNESSEE STREET, FROM THE WEST PROPERTY LINE OF 25TH STREET TO A POINT WHERE A RIGHT ANGLE LINE TO TENNESSEE.STREET TURNED FROM THE POINT :fi/HE$E THE NORTH PROPERTY LIKE OF ELM STREET INTERSECTTS THE SOUTH PROPERTY LINE OF TENNESSEE STREET WOULD INTERSECT THE NORTH PROPERTY LINE OF TFNNESSEE STREET; ELM STREET, FROM THE SOUTH CURB LINE OF TENNESSEE STFEET TO THE WEST CURB LINE OF MISSISSIPPI (OR 23RD) STREET; 24TH STREET., FROM THE SOUTH CURB LINE OF ELM STREET TO THE SOUTH PROPERTY LINE OF NORTON STREET;�NORTON STREET, PROM THE EAST CURB LINE OF 84TH STREET TO THE If1EST CURB LINE OF: MISSISSIPPI (OR 23RD) STREET, IN THE. CITY OF PADUCAH, KENTUCKY, BY THF, GRADING AND GRI.VELING OF SAME, TOGETHER "ITH ALL NECESSARY MANHOLES, INTAKES, CATCH BASINS AND SEPIER PIPE CONNECTIONS, IN ACCORDANCE SITH THE, PLANS AND SPECIFICATIONS PROVIDED THEREFOR BY i THE CITY ENGII7FER, AT THE COST OF TiH:. ABUTTING PROPERTY OWNERS, � AND PROVIDING THA_ THE COST OF SUCH CONSTRUCTION MAY BE PAID IN ACCORDANCE WNTH THE PROVISIONS OF THE TEN YEAR PAYMENT PLAN." and r PAGE 78 WHEREAS,in accordance with said ordinance, it was provided that the cost of the construction of said streets be paid for by the abutting property owners on both sides thereof, except that portion to be paid by the City of Paducah, as required by law; and WHEREAS, pursuant to said ordinance a contract was entered into on the day of _1926, between Fraser & Cocke, contractors, and the City of Paducah, Kentucky, for the construction there- of; and =-REAS, said contract has in all respects been ~om- pleted and the work thereof finished and accepted by the Board of Com- missioners of the City of Paducah, Kentucky on the 25th day of April,1928, pursuant to the recommendation made therefor by the Commissioner of Public Works of the City of Paducah, Kentucky, and pursuant to a motion made by said Commissioner, which motion was 'July adopted by the Board Of Commissioners; NOW, THEREFORE, BE IT ORDAINED BY T14: BOARD OF COMMISSIONERS OF THs CITY DF PADUCAH, KENTUCKY; SECTION 1. That all of the property on both sides of Tennessee (Street, from the West property line of 25th Street to Elm Street; and on 125th Street, from the South curb line of Jackson Street to the North curb Gine of Tennessee Street; and on Elm Street, from the South curb line of ennessee Street to the West curb line of Mississippi Street; and on 24th Street, from the South curb line of Elm Street to the South property line of Norton Street; and on Norton Street, from the East curb line of 24th Street to the test curb line of (,Mississippi Street, in the City of Paducal Kentucky, be and the same is hereby assessed for the cost of construction >f said streets the sum of, gravel construction, 39 feet in width, $Joao )pr abutting foot; gravel construction, 37 feet in width, 01.60 per ibutting foot; gravel construction, 24 feet in width, $1.25 per abutting oot; interest $0.026080549 per one dollar of construction cost; engineer - ng 00.039333223 per one dollar of construction cost, by grading and raveling same, as shown by the Engineers estilmates on file in the ffice of the Commissioner of Public %iIorks, which estimates are made part ere of SECTION 2. That all of the funds derived from the assessment of said roperty aforesaid shall be used for the purpose of paying off the tax ills issued against said property, or such bonds as may be issued by the ity 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 PAGE 79 he option of the property owners, payable in cash within thirty lays from the date of the passing and recording of this ordinance, ir in ten annual installments, pursuant to the provisions od said >tatutes. SECTION 4. In order to provide a fund for the immediate payment )f the cost of that portion of the special assessments herein pro - aided for, and which may be paid on the ten year installment plan, is hereinbbfore provided for, the City of Paducah may issue and sell improvement bonds, and to secure the payment of which bonds, there is hereby pledged such taxes and liens upon the prope ty 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 pro- visions of Section 3101 of the Kentucky Statutes, as amended and Ire -enacted by the General Assembly of the Commonwealth of Kentucky and now ik force and effect. SECTION 5; ' t This ordinance shall take effect and be in force rom and after its passage, record and publication: Passed by the Board of Commissioners 1928 Recorded by Hunt,Crossland, Clerk, April 26, 1928 Singed y .,�� a.� �/ Mayor