HomeMy WebLinkAboutOrdinances Book 13, Page 728, No Ordinance Number72
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AN ORDINANCE ACCEPTING THE BID OF THE SOUTHLAND C014PANY FOR
SALE TO THE CITY OF MC -2, VIC-3, RC-2AND RC -3 LIQUID ASPHALT REQUIRED
BY THE CITY OF PADUCAH DURING 1957; 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
SHALL BE MADE
BE IT ORDAINED BY THE BOARD OF C01111ISSIONERS 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, MC -3, RC -2 and RC -3 Liquid Asphalt
required by the City of Paducah during the year 1957 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 such
asphalt to be used during 1957, said contract to contain the following
terms, conditions and covenants:
Orders are to be placed by the City by collect telephone call
and delivery to be made within three to four days after order; the
delivered price for the asphalt shall be in the sum of ;¢0.1230 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 hearing MC orRC liquid
asphalt. A guarantee shil 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. Terms of payment shall be leo discount within ten (10) days
and net price as above in thirty (30) days on material only.
SECTION 2. This ordinance shall be introduced at a regular
meeting of the Board of Commissioners and remain on file for at least
one (1) Meek 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 ten (10) days thereafter.
ef i iayor
Introduced by the Board of Cormiiissioners April 13, 1957
Passed by the Board of Commissioners April 20, 1957
Recorded by Sarah Thurman, City Clerk, April 20, 1957