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HomeMy WebLinkAboutOrdinance Book 18, Page 159, Ordinance Number 73-4-793159 ORDINANCE NO. 73-4-793 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 1973, TO BE USED IN STREET CONSTRUCTION WORK i. BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTIONI. That the City of Paducah accept the bid of Reed I' Crushed Stone Company, Inc. for the sale to the City of the City's 1973 I; requirement of limestone to be used in street construction, said bid being in words and figures as follows: I "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 $2.25 per ton (two dollars and twenty-five cents per ton).�i This is a firm price and will not be advanced during the year 1973, 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. 2, No. 3, No. 610, No. 68, No. 78, No. 8, No. 9M, No. 11 and DGA crushed limestone. If 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 compliance with the resolution authorizing such bids i which was adopted by the Board of Commissioners on March 6, 1973. 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 March 23, 1973. SECTION 3. An emergency is declared to exist and this ordinance shall therefore be introduced and remain on file for at least one 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 March 27, 1973 i Passed by the Board of Commissioners April 3, 1973 Recorded by Sarah Thurman, City Clerk, April 3, 1973. I. i i