HomeMy WebLinkAbout92-7-4803ORDINANCE NO. 92-7-4803
AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE
CO., INC., FOR SALE TO THE CITY OF ITS REQUIREMENT OF LIMESTONE
TO BE USED DURING THE YEAR 1992-93, AND AUTHORIZING THE MAYOR
TO EXECUTE A CONTRACT FOR SAME
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah accepts the bid of
Reed Crushed Stone Co., Inc., for sale to the City of its
requirement of limestone to be used in street construction work
for the year 1992-93, 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
and riprap in lots of 100 tons or more, as ordered
for the following prices per ton:
ITEM
APPROX
UNIT BID
NO
DESCPT
QUANTITY
PRICE
AMOUNT
1.
#11
200
6.45
1,290.00
2.
#610
1,000
5.85
5,850.00
3.
#2
300
6.55
1,965.00
4.
#3
200
6.55
1,310.00
5.
#68
1,000
6.95
6,950.00
6.
#78
200
6.95
1,390.00
7.
#8
200
6.95
1,390.00
8.
#9M
2,000
6.95
13,900.00
9.
DGA
2,500
6.45
16,125.00
10.
#125 RR
500
6.80
3,400.00
11.
8" RR
500
6.80
3,400.00
TOTAL BID $56,970.00
"We will start delivery within twenty-four hours
after receiving each order. This is a firm price
and will not be advanced during the fiscal year
1992-93. In the event of a reduction in our market
price, we agree to adjust the price accordingly.
"Material delivered will be according to Kentucky
State Highway specifications for all crushed
limestone. Riprap will also meet Kentucky State
Highway specifications.
"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, and as contained in the bid
of Reed Crushed Stone Co., Inc., dated June 30, 1992.
SECTION 2. The Mayor is hereby authorized to
execute a contract with Reed Crushed Stone Co., Inc., for the
purchase of limestone as set out in Section 1 above.
SECTION 3. The purchase price for said limestone
shall be charged to MAP Account Numbers 03-22-14-384 and
55-33-02-332.
573
574
SECTION 4. This ordinance will be read on two
separate days and will become effective upon summary
publication pursuant to KRS Chapter 42`4.
GE B. MON ERY
Mayor
Introduced by the Board of Commissioners July 14, 1992
Adopted by the Board of Commissioners July 28, 1992
Recorded by Lenita Smith, City Clerk, July 28, 1992
Published by The Paducah Sun August 4, 1992.
\dw5\ord\contract
pp.5-6