HomeMy WebLinkAboutOrdinances Book 16, Page 601, Ordinance Number 68-5-66601
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ORDINANCE NO 68-5-66
AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE COMPANY
INC. FOR SALE TO THE CITY OF LIMESTONE, KENTUCKY STATE HIGHWAY
SPECIFICATIONS, FOR USE BY THE CITY DURING 1968, AND AUTHORIZING
THE CITY MANAGER TO ENTER INTO AND EXECUTE A CONTRACT FOR THE
PURCHASE OF SAME; AND PRESCRIBING THE TERMS AND CONDITIONS UNDER
WHICH SAID PURCHASE SHALL BE MADE
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the bid of Reed Crushed Stone Company, Inc.,
for the sale to the City of SPR No. 68, SPR No. 78, SPR No. 8,
and SPE No. 11 crushed limestone, Kentucky State Highway Specifications,
required by the City during the year 1968, (approximately 8,000 tons)
be accepted, and that the City Manager be, and he is hereby, authorized
to enter into and execute a contract for the purchase, upon the order
of the City, of all such limestone to be used during the year 1968,
such contract to provide for the price of $1.85 per ton. The limestone
is to be delivered to any destination in the city limits of the City
as ordered, by collect telephone call by the Director of Public Works,
in one hundred ton lots or more, and delivery to begin within twenty-four
hours (24) after notification and continue until the required amount
has been delivered. The Seller may be required to furnish representative
samples of any and all the items and all weights of delivered limestone
must be certified at some accurate scales at or near the City of Paducah
at the expense of the Seller. The Seller shall guarantee against advance
in the market price, and guarantee reduction in the event of a decrease
in the market price. The Seller shall post a performance bond in the
sum of $1,000.00 guaranteeing specifications and delivery.
SECTION 2. This ordinance shall be introduced at a 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.
Mayor
Introduced by the Board of Commissioners May 14, 1968
Passed by the Board of Commissioners May 22, 1968
Recorded by Sarah Thurman, City Clerk, May 22, 1968.