HomeMy WebLinkAboutOrdinances Book 15, Page 68, No Ordinance Number6B /
AN ORDINANCE ACCEPTING THE BID OF EMULSIFIED ASPHALT COMPANY
FOR THE SALE TO THE CITY OF TYPE RS, PSIS, SS AND AE -200 EMULSIFIED
ASPHALT REQUIRED BY THE CITY OF PADUCAH DURING THE YEAR 1963:, AND
AUTHORIZING THE CITY MANAGER TO ENTER INTO AND EXECUTE A CONTRACT
FOR THE PURCHASE OF SAID MATERIALS, 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, PIS, SS and APs -200 emulsified
asphalt required by the city-durinz the year 1963 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 1963, 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 Hip•hway specifications. The Seller shall
furnish and install a 10,000 or 12,000 gallon storage tank at 6th
and Campbell Streets, Paducah, Kentucky, where delivery is to be
made at $0.1300 per gallon. Said contract shall also contain all
terms, conditions and covenants contained in the resolution authorizing
the advertisement for bids, which was adopted by the Board of
Commissioners on April 23, 1963. 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 at a Regular
Meeting of the Board of Commissioners and remain on file for at
least one (1) week 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.
C. Winston Gholson, Mayor Pro Tem
A. B. Fendley, Commiss bner
Introduced by the Board of Commissioners May lh, 1963
Passed by the Board of Commissioners May 24, 1963
Recorded by Sarah Thurman, City Clerk, t•iay 24, 1963.