HomeMy WebLinkAboutOrdinances Book 17, Page 1060, Ordinance Number 72-6-6571060/
ORDINANCE NO. 72-6-657
AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE COMPANY,
INC. FOR FURNISHING THE CITY'S REQUIREMENT OF LIMESTONE FOR THE YEAR
1972 IN THE APPROXIMATE AMOUNT OF 10,000 TONS, AND AUTHORIZING THE CITY
MANAGER TO EXECUTE A CONTRACT FOR SUCH PURCHASE
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah, Kentucky, accept the bid
of Reed Crushed Stone Company, Inc. for furnishing the City with its
requirements of limestone to be used in street construction work during
the year 1972 in the approximate amount of 10,000 tons, which bid is in
words and figures as follows:
"We propose to furnish, sell, and deliver to the City of Paducah, within
the city limits, crushed limestone in lots of 100 tons or more, as ordered,
for $2.10 per ton (two dollars and ten cents per ton).
"This is a firm price and will not be advanced during the year 1972.
In the event of a reduction in our market price, we agree to adjust the
price accordingly.
"We will start delivery within twenty-four hours after receiving each order.
"Material delivered will be according to Kentucky State Highway specifica-
tions for No. 68, No. 78, No. 8 and No. 11 crushed limestone.
"I£ the contract is awarded to us, we agree to post a performance bond
in the amount of $1,000. We also agree to conform with all other
requirements as set forth in the request for bids on this material."
Said bid being in substantial compliance with the bid specifications and
advertisement for bids as was authorized by resolution passed by the
Board of Commissioners on May 2, 1972, and as contained in the bid of
Reed Crushed Stone Company, Inc. dated May 22, 1972.
SECTION 2. That the City Manager be, and he is hereby, authorized
to execute a contract with Reed Crushed Stone Company, Inc. for the sale
to the City of limestone during the year 1972 as authorized in Section 1
above according to the specifications, bid proposal and all contract
documents heretofore approved and incorporated in the bid.
1061.
SECTION 3. This ordinance shall be introduced and remain on file
for at least one 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 days thereafter.
Mayor
Introduced by the Board of Commissioners May 23, 1972
Passed by the Board of Commissioners June 6, 1972
Recorded by Sarah Thurman, City Clerk, June 6, 1972.