HomeMy WebLinkAboutOrdinances Book 9, Page 588, No Resolution NumberPage 588
A RESOLUTION ACCEPTING THE: BID OF C.W.MCWEAR & COMPANY
AND WALTER, 'ROODY & HEINERDINGER FOR THE PURCl1ASr 0" AN ISSUE OF
T170 MILLION ONE HUNDRED FIVE THOUSAND ($2,105,000.00) DOLLARS OF
WATER REVENUE BONDS OF THE CITY OF PAfUCAH TO BE IS°UFD FOR THE
PURPOSE OF PURCHASING TP.F PADUCAH 'd/ATPR 70RKS, AND PROVIDING THAT
THE CER'TIFIED BID CHECKS OF THF UN£UCCESSFUL BIDDERS BF RFTiP3NED
TO THEN.
BE IT RESOLVED BY THF BOARD OF COPi ,TI SIONFTS OF
THF CITY OF PA DUCAH, KENTUCKY;
SECTIC'N 1.
That the bid of C.":'.McNear & Company and '7alter,":'oody
& Heimerdinger .for the purchase of an isEue of Two Million One
Hundred Five Thousand (;?2,105,000.00) Dollars Five Per Cent (5%)
!9ater Revenue bonds at a price of $952.00 per ,1000.00 bond, same
being the highest and best bid received, be now received, accepted
and approved, and that the P+ieyor be instructed to accept same on
behalf of the city; and that the bids of Stranahan, Harris & Comoany
Caldwell & Company, and '.7eil,Roth & Irving Company be received and
filed, arld that the certified bid checks accompanying said four
bids be received, and that the said bid checks of Stranahan, Harris
& Company, Caldwell & Company, and ':1eil, Roth & Irving Company be
returned to them, and that the bid check of the successful bidders,
to -wit: C,'.°1,IdcNear & Company and 'Walter, "!oody & Heimerdinger,
amounting to Forty Thousand (140,000.00) Dollars be held uncashed
pending compliance ,lith the terms o" their said bid.
Signed ir
dayo
Passed by the Board of Commissioners September 12,1930
Recorded by hunt Crossland, Clerk, September 13,1930
3 )y 7e,