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HomeMy WebLinkAboutOrdinances Book 13, Page 344, No Ordinance Number344// AN ORDINANCE ACCEPTING THE BID OF THE SOUTHLAND COMPANY FOR SALE TO THE CITY OF MC -2, MC -3 AND RC -2 AND RC -3 LIQUID ASPHALT REQUIRED BY THE CITY OF PADUCAH DURING 1955; AND AUTHORIZING THE CITY MANAGER TO ENTER INTO AND EXECUTE A CONTRACT FOR THE PURCHASE OF SAID MATERIAL; AND PRESCRIBING THE TERMS AND CONDITIONS UNDER WHICH SAID PURCHASES AHDLL BE RIADE BE IT ORDAINED BY THE BOARD OF COMRIISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the bid of the Southland Company for the sale to the City of.Paducah of all MC -2, I+IC-3, and RC -2 and RC -3 Liquid Asphalt required by the City of Paducah during the year 1955 (approximately 15 to 20 carloads) be accepted, and the City Manager is hereby authorized to enter into and execute a contract for the purchase, upon the order of said City, of all asphalt to be used during 1955, said contract to con- tain the following terms, conditions and covenants: Orders are to be placed by the City by collect telephone call Ii and delivery to be made within three to four days after order; the delivered price for the asphalt shall be in the sum of ;30.1054 per �! gallon f.o.b. 6th & Campbell Streets, Paducah, Kentucky and to be delivered in 6000 or 10,000 gallon insulated tank cars, equipped with fittings and steam coils for heating, and all asphalt must meet Kentucky State Highway Specifications. The Southland Company is to be required to furnish and install a 10,000 or 12,000 gallon (or larger) storage tank equipped with fittings and steam coils for heating RIC or RC liquid asphalt. A guarantee shall be provided against advance in market, price and a guarantee shall be provided for reduction in price in the event of a decrease in the Market price, and The Southland Company shall post a performance bond in the sum of $2,500.00 guaranteeing specifications and delivery. SECTION 2. This ordinance shall be introduced at a regular meeting of the Board of Commissioners and remain on file at least one (1) week for public inspection in the completed form in whit} it shall be put upon its final passage, but it being necessary for the public health and safety of the City of Paducah, Kentucky, that said material be available as soon as possible for street repair work, an emergency is hereby declared to exist and this ordinance shall be in full force and effect from and after its adoption. 1 . Mayor Introduced by the Board of Commissnoners May 24, 1955 Passed by the Board of Commissioners June 14, 1955 Recorded by Sarah Thurman, City Clerk, June 14, 1955•