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HomeMy WebLinkAbout91-8-4650278 0 ORDINANCE NO, 91-8-4650 AN ORDINANCE ACCEPTING THE BID OF JIM SMITH CONTRACTING CO., INC. FOR RESURFACING VARIOUS STREETS IN THE CITY OF PADUCAH, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SAME BE IT ORDAINED BY THEICITY OF PADUCAH, KENTUCKY: \ SECTION 1. The City of Paducah accepts the bid of �r Jim Smith Contracting Co., Inc.;for resurfacing various streets in the City of Paducah for the following prices: Bituminous surface, 13,500 tons @ $28.50 Bituminous pavement & milling texturing, 6,500 tons @ $17.50 Base construction (DG,A), 500 tons @ $12.50 Shoulder construction (DGA), 500 tons @ $15.00 Manhole adjustment, 20, @ $500.00 Said bid being in substantial compliance with the bid specifications and advertisement for bids, and as contained in the bid of Jim Smith Contracting Co., Inc., dated July 11, 1991. SECTION 2. The Mayor is hereby authorized to execute a contract with Jim Smith Contracting Co., Inc. for �I the service authorized in Section 1 above, according to the J specifications, bid proposal and all contract documents heretofore approved and incorporated in the bid. SECTION 3. Jim Smith Contracting Co., Inc. will furnish to the City, within ten (10) days after execution of said contract, a performance bond in an amount equal to one hundred percent (100%) of the contract amount. SECTION 4. The purchase price for said services shall be charged to the MAP Account No. 03-22-14-464. SECTION 5. This ordinance shall be read on two separate days and will become effective upon publication of title and a certified summary thereof. GERRY B. MONTGOMERY 40� Mayor Introduced by the Board of Commissioners July 23, 1991 Adopted by the Board of Commissioners August 13, 1991 Recorded by Lenita Smith, City Clerk, August 13, 1991 Published by The Paducah August 20, 1991 ord/resurf