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HomeMy WebLinkAbout78-6-1576896 ORDINANCE NO. 78-6-1576 AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE COMPANY, INC., FOR SALE TO THE CITY OF IT'S REQUIREMENT OF LIMESTONE, TO BE USED IN STREET CONSTRUCTION WORK FOR THE YEAR 1978, AND AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT FOR SUCH PURCHASE BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accept the bid of Reed Crushed Stone Company Inc., for sale to the City of it's requirement of limestone to be used in street construction work for the year 1978, said bid being in words and figures as follows: "We propose to furnish, sell, and deliver to the City of Paducah (.within the:: city limits) , crushed, limestone in -dots of -100 tons or more, as ordered, for $4.00 (four dollars ) per ton and riprap, as ordered, for.:. $4..50: (four dollars and : fifty_ `cents) .per ..ton . We will start delivery within twenty-four hours after receiving each order. -This-is a firm price and will not be advanced during the year 1978. - In ­the: event, of a reduction -in our 'market price, we agree to adjust, the price accordingly. f Material delivered with be according to Kentucky State Highway specifications for No. 2, No. 3, No. 610, No. 68, Na::.78; No. 9M, No. 11, and DGA crushed limestone. Riprap will also meet Kexitucky State Highway specifications. If the -.contract is awarded to us, we agree to post a performance bond in the amount of $1,000.00. We also agree to conform with all others requirements as set forthin the request for bids on this material". Said bid being in substantial compliance with the resolution authorized by the Board Commissioners on May 9, 1978, and as contained in the bid of Reed Crushed Stone Company, Inc . , dated June 5, 1978. SECTION 2. That the City Manager be, and he is hereby, authorized to execute a contract with Reed Crushed Stone Company, Inc . , for the purchase of the limestone as set out in Section 1 above, according to the provisions in said resolution and in said bid. SECTION 3. The purchase price for said limestone and riprap shall be charged to either General Fund or Federal Revenue Sharing Account No. 3454. SECTION 4. An emergency is declared to exist and this ordinance shall therefore be introduced and remain on file for one week for public inspection in the completed form in which it shall be put upon its final passage, and if adopted shall be in full force and effect immediately thereafter. K a_ , Mayor Introduced by the Board of Commissioners June 13, 1978 Passed by the Board of Commissioners June 27, 1978 Recorded by Louise McKinney, City Clerk, June 27, 1978.