HomeMy WebLinkAboutOrdinances Book 13, Page 873, No Ordinance NumberAN ORDINANCE ACCEPTING THE BID OF EMULSIFIED ASPHALT COMPANT
FOR THE SALE TO THE CITY OF TYPE RS, MS AND SS EMULSIFIED ASPHALT
REQUIRED BY THE CITY OF PADUCAH DURING THE YEAR 1958, AND AUTHORIZING
THE CITY MANAGER TO ENTER INTO AND EXECUTE A CONTRACT FOR THE PURCHASE
OF SAID MATERIAL,AND PRESCRIBING THE TERMS AND CONDITIONS UPON
WHICH SAID PURCHASES SHALL BE MADE
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS 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 MS and SSemulsified asphalt
required by the city during the year 1958 be accepted, and the City
Manager 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 1958, 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 & Campbell
Streets, Paducah, Kentucky where delivery is to be made at $0.1290
cents per gallon. A guarantee 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 $2,500.00
guaranteeing specifications and delivery. The terms of payment
shall be 2% discount within ten (10) days and net price as above
in thirty (30) days.
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.
(7Q
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Introduced by the Board of Commissioners March 15, 1958
Passed by thk Board of Commissioners March 22, 1958
Recorded by Sarah Thurman, City Clerk, March 22, 1958.