The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1921-04-26
An Ordinance

AND SALE OF THIRTY-FIVE
THOUSAND 1885, oOO.OO) DOL
LARS OF BONDS OF THE CITY
OF PARIS, KENTUCKY, AND
AUTHORIZED BY A VOTE OF
THE QUALIFIED ELECTORS
OF THE CITY OF PARIS AT A
REGULAR ELECTION ON NO.
vEMBER 2, 1920, THE PRO-
CEEDS OF THE SALE OF
WHICH BONDS is TO BE USED
IN THE CONSTRUCTION OF
SANITARY SEWERS IN THE
CITY OF PARIS.
BE IT ORDAINED by the Board
Of Council of the City of Paris, that
Whereas, at regular November cleo
ton on Tuesday, November End,
1920, the question of issuing bonds
Of the City of Paris to the amount of
Thirty-five Thousand 1885, 0OO.OO)
Dollars, for the purpose Of construct
ing sanitary sewers on the following
Streets in Paris, Kentucky, to-wit:
A 10 inch sanitary sewer in private
right of way from present trunk
sewer in ravine at L. & N. Railroad
culvert to Clifton Street.;
An inch sanitary sewer in Clin-
tonville pike from a point fifty 500
feet east of L. & N. Railroad to the
intersection of Clifton Street;
An 8 inch sanitary sewer in Clifton
Street from intersection of Clinton
vile pike to intersection of 18th.
street;
An 8 inch sanitary sewer in Cliff
ton Street from intersection of 10th.
Street. thence a distance of seven
hundred (70O) feet North to lateral
sewer in private right of way;
An 8 inch sewer in Brent Street
from the intersection of Clintonville
pike to intersection of 18th Street;
An inch sanitary sewer in Brent
Street from intersection of 18th
Street, thence for distance of Seven
hundred and forty GAO feet North
to a lateral sewer in private right of
way.
An s inch sanitary sewer in 18th.
Street from intersection of Clifton
Street to a point one hundred and
forty (140) feet East from the CEN
ter line of Main Street;
An s inch sanitary sewer in 18th.
Street from intersection of Clifton
Street to a point one hundred and
forty Q40) feet East of Brent
Street;
An inch sanitary sewer in Win
chester pike from intersection OF
Link Avenue to intersection of 10th.
Street;
An inch sanitary sewer in 10th
Street from intersection of Pleasant
Street to L. & N. Depot, thence south
and parallel to L. & N. depot, to the
intersection of the Winchester pike;
An inch sanitary sewer in Par
rish Avenue from the intersection OF
Vine Street to the intersection OF
Link Avenue;
An 8 inch sanitary sewer in Vine
Street from intersection Of Parrish
Avenue to the intersection Of Harmon
Street;
An 8 inch sanitary sewer in Link
Avenue one hundred (100) feet
North and South of Parrish Avenue
An 8 inch sanitary sewer in Har.
mon Street from intersection of Link
Avenue to Vine Street;
A 10 inch sanitary sewer in Vine
Street from Duncan Avenue to Par.
- Avenue;
Was submitted to the qualified vot.
ers Of the City Of Paris, and
Whereas said vote was carried, and
Whereas it is desirable and neces-
cry that said sewers be constructed
Now, therefore, BE 1T ORDAIN.
ED by the Board of Council of the
City Of Paris, that bonds of the City
of Paris to the amount and value OF
Thirty-five Thousand 1885, 000.00)
Dollars be sold for the purpose OF
paying for said work.
Two. Said bonds shall be of the
denomination of Two Hundred and
Fifty ($250.00) Dollars and Five
Hundred $5OO.OO) Dollars each, and
shall mature at the rate of Seventeen
Hundred Fifty (s1,750) Dollars pei
year, for a period of twenty years.
the first instalment falling due on
November 1st., 1921, and shall bear
interest at the rate of five per cent
per annum, interest payable annual
ly, bonds and interest payable in gold
coin OF the present standard weight
and fineness, at the Bank of America
in New York City.
Three. The amount Of money to
be raised by the City of Paris in each
year to meet said bonds and interest
is as follows, to-wit:
1921----$3,500.00
1922-- 3,412.50
1923-- 3,325.00
1924- 3,237.50
1925-- $4,000
H00c ne0 EA