HomeMy WebLinkAboutOrdinances Book 13, Page 729, No Ordinance Number729
AN ORDIPIAi10E ACCEPTING THE BID OF EMULSIFIED ASPHALT COiTi AllY
FOP, THE SALE TO THE CITY OF TYPES RS, i':S AND SS Ei-IULSIFIED ASPHALT
RE:I.UIRED BY THE CITY OF PADUCAII DURING THE YEAR 1957, AND AUTHORIZIiiG
THE CITY !QkNAGER TO EMTER INTO AND EnECUTE A COI?TRACT FOR THE PURCHASE
OF SAID MATERIAL, AND PRESCRIBING THE TERI-IS AND CONDITIOIIS UPOi.
_JHICH SAID PURCHASES SHALL BE LADE
BE IT ORDAIIIED BY THE BOARD OF C01.11ISSIOIIERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the bid of Emulsified Asphalt Company for sale
to the City of Paducah of types RS, IiS and SS emulsified asphalt
required by the city during the year 1957 be accepted, and the City
Idanager is hereby authorized to enter into and execute a contract
for the purchase, upon the order of the City, all of such asphalt
to be used during the year 1957, said contract to contain the
following terms, conditions and covenants: Orders are to be placed
by collect telephone call to the Seller and delivery to be made by
transport truck within twenty-four hours after order. All asphalt
must meet Kentucky State Highway Specifications. The seller shall
furnish and install a 10,000 gallon storage tank at 6th 2. Campbell
Streets, Paducah, Kentucky where delivery is to be made at ,;0.1290
cents per gallon. A -uarantee shall be provided against advance
in the market price and a guarantee shall be provided for reduction
in price in the event of a decrease in the market price, and the
Seller shall post a performance bond in the amount of :,12,500.00
guaranteeing,specifications and delivery.
SECTION 2. This ordinance shall be introduced and remain on file
for public inspection for at least one (1) week 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.
Introduced by -the Board of Commissioners April 13, 1957
Passed by the Board of Commissioners April 20, 1957
Recorded by Sarah Thurman, City Clerk, April 20, 1957.