HomeMy WebLinkAboutOrdinances Book 17, Page 522, Ordinance Number 71-4-4537LL
ORDINANCE NO. 71-4-453
AN ORDINANCE ACCEPTING THE BID OF SANCO CORPORATION FOR THE
SALE TO THE CITY OF ONE (1) 1971 TRUCK WITH COMPACTOR AND FOR
STATIONARY CONTAINERS FOR USE IN THE REFUSE DIVISION OF THE PUBLIC
WORKS DEPARTMENT OF THE CITY OF PADUCAH, KENTUCKY, 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 I. That the City of Paducah accept the bid of Sanco
Corporation in the amount of $24,625.00 for the sale to the City of
one (1) 1971 Ford truck with 25 cubic yard dempster dumpmaster
compactor for use in the Refuse Division of the Public works Depart-
ment of the City of Paducah, Kentucky, which bid complies with the
specifications as set out in a resolution adopted by the Board of
Commissioners on March 26, 1971 authorizing such bids, and as
contained in the bid of Sanco Corporation dated April 6, 1971.
SECTION 2. That the City of Paducah accept the bid of Sanco
Corporation in the amount of $38,350.00 for the sale to the City of
fifty (50) 8 -cubic yard containers and fifty (50) 6 -cubic yard
containers for use in the Refuse Division of the Public Works
Department of the City of Paducah, which bid complies with the
specifications set out in the resolution adopted by the Board of
Commissioners on March 26, 1971 authorizing such bids and as con-
tained in the bid of Sanco Corporation dated April 6, 1971.
SECTION 3. That any contract entered into pursuant to this
ordinance provide for payment in cash, or for payment in 36 monthly
installments on either or both purchases with no payment being due
on installment payments for 90 days after delivery of the equipment
to the City, for a maximum interest rate of 6%, and for no prepayment
penalties. The maximum monthly installment authorized for the truck
and compactor shall be $749.14, and the maximum monthly installment
authorized for the containers shall be $1,166.68.
SECTION 4. That the City Manager be, and he is hereby,
authorized to execute a contract with Sanco Corporation for the purchase
of the equipment set out in Sections 1 and 2 above according to the
resolution and said bid, and as provided in Section 3 of this ordinance.
523
SECTION 5. An emergency is declared to exist and this ordinance
shall be introduced 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 immediately thereafter.
i
Mayor Protem'
4.
Commissioner
zc i
Commissioner
Introduced by the Board of Commissioners April 20, 1971
Adopted by the Board of Commissioners April 27, 1971
Recorded by Sarah Thurman, City Clerk, April 27, 1971