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HomeMy WebLinkAboutOrdinances Book 17, Page 719, Ordinance Number 71-7-518719 ORDINANCE NO. 71-7-518 AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE COMPANY, INC. FOR SALE TO THE CITY OF THE CITY'S REQUIREMENT OF LIMESTONE FOR THE YEAR 1971, TO BE USED IN STREET CONSTRUCTION WORK BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF Paducah, Kentucky, SECTION 1. That the City of Paducah accept the bid of Reed Crushed Stone Company, Inc. for the sale to the City of the City's 1971 requirement for limestone to be used in street construction, said bid being 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 $1.90 per ton (one dollar and ninety cents per ton). "This is a firm price and will not be advanced during the year 1971. 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 specifications for No. 68, No. 78, No. 8 and No. 11 crushed limestone. These gradations replace Ky. No. 7, No. 8 and No. 9 which have been obsolete since November 1966. There is a very slight change in the material and quarries are not permitted to make the old gradations. "If the contract is awarded to Reed Crushed Stone Co., Inc., we agree to post a performance bond in the amount of $1,000.00. "We also agree to conform with all other requirements as set forth in the request for bids on this material." Said bid being in compliance with the resolution authorizing such bids which was adopted by the Board of Commissioners on June 22, 1971. SECTION 2. That the City Manager be, and he is hereby, authorized to execute a contract with Reed Crushed Stone Company, Inc. for the purchase of the limestone as set out in Section 1 above, and according to the provisions in said resolution and in said bid which was dated July 6, 1971. SECTION 3. An emergency is declared to exist and this ordinance shall therefore be introduced and remain on file 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 immediately thereafter. Mayor Introduced by the Board of Commissioners July 13, 1971` Passed by the Board of Commissioners July 27, 1971 Recorded by Sarah Thurman, City Clerk, July 27, 1971.