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HomeMy WebLinkAbout81-6-2111ORDINANCE NO. 81-6-2111 AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE COMPANY, INC . , FOR SALE TO THE CITY OF IT'S REQUIREMENT OF LIMESTONE, TO BE USED IN STREET CONSTRUCTION WORK FOR THE YEAR 1981, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SUCH PURCHASE BE IT ORDAINED BY; THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accept the bid of Reed Crushed Stone Company Inc., for sale to the City of it's requirement of limestone to be used in street construction work for the year 1981, 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: # 11 # 2 # 68 610 "3 .DGA = $5.45 $5.55 $5.80 # 78 ......... . 8 9M R"iprap $6.00 $6.45 We will start delivery within twenty-four hours after receiving each order. This is a firm price and will not be advanced during the year 1981. 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 No. 2, No. 3, No. 610, No. 68, No. 78, No. 8, No. 9M; No. 11 and DGA crushed limestone. R:iprap 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 $1,00000. We also agree to conform with all other requirements as set forth in the request for bids on this material". Said bid being in substantial compliance with the Municipal Order authorized by the Board of Commissioners on April 21, 1981, and as contained in the bid of Reed Crushed Stone Company, Inc., dated May 18, 1981. SECTION "2. That the Mayor 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, according to the provisions in said Municipal Order and in said bid. SECTION 3. The purchase price for said limestone and riprap shall be charged to Federal Revenue Sharing Street Paving & Construction and/or Municipal Aid Program Funds. SECTION 4: This ordinance shall be read on two separate days and will be effective upon publication of title and a certified summary thereof. ,IL=:� "! a"z" Mayor Introduced by the Board of Commissioners June 9, 1981 Passed by the Board of Commissioners June 23, 1981 Recorded by Louise McKinney, City Clerk, June 23, 1981 Published by The Paducah Sun June 30, 1981. 113 v