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HomeMy WebLinkAbout92-7-4805576 ORDINANCE NO. 92-7-4805 AN ORDINANCE ACCEPTING THE PROPOSAL OF SOUTHERN STATE ASPHALT COMPANY FOR SALE TO THE CITY OF ITS REQUIREMENT OF ASPHALT, (LIQUID), FOR THE YEAR 1992-93, TO BE USED IN STREET CONSTRUCTION AND REPAIR WORK, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accept the proposal of Southern States Asphalt Company, dated June 26, 1992, for sale to the City of its 1992-93 requirement of asphalt to be used in street construction and repair work, for the following prices: The above prices include delivery to any point in the City of Paducah in minimum transport quantities of 5,000 gallons. Said proposal being in substantial compliance with, and as contained in the proposal of Southern States Asphalt Company, dated June 26, 1992. SECTION 2. The the Mayor is hereby authorized to execute a contract with Southern State Asphalt company for the purchase of the items set forth in Section 1 above, according to the specifications, bid proposal and all contract documents heretofore approved and incorporated in the proposal. SECTION 3. That Southern States Asphalt Company will furnish to the City, within ten (10) days after execution of said contract, a performance bond in the amount of $1,000.00 SECTION 4. The purchase price for said asphalt shall be charged to Account No. 03-22-14-384 MAP. SECTION 5. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Cha er 424. GERR B. MONITGM+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 8 APPROX UNIT BID DESCRIPTION QUANTITY UNIT PRICE AMOUNT 1. AE -200 6,500 GAL. $0.5985 $3,890.25 2. SS -1H 1,000 GAL. 0.5785 578.50 3. RS -2 1,000 GAL. 0.5385 538.50 4. Primer L 1,000 GAL. 0.8385 838.50 5. Mill Rental 6,500 GAL. 0.0600 390.00 (per gal of AE7200) TOTAL BID $6,235.75 The above prices include delivery to any point in the City of Paducah in minimum transport quantities of 5,000 gallons. Said proposal being in substantial compliance with, and as contained in the proposal of Southern States Asphalt Company, dated June 26, 1992. SECTION 2. The the Mayor is hereby authorized to execute a contract with Southern State Asphalt company for the purchase of the items set forth in Section 1 above, according to the specifications, bid proposal and all contract documents heretofore approved and incorporated in the proposal. SECTION 3. That Southern States Asphalt Company will furnish to the City, within ten (10) days after execution of said contract, a performance bond in the amount of $1,000.00 SECTION 4. The purchase price for said asphalt shall be charged to Account No. 03-22-14-384 MAP. SECTION 5. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Cha er 424. GERR B. MONITGM+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 8