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HomeMy WebLinkAboutOrdinances Book 11, Page 63, No Ordinance Number63 AN ORDINANCE ACCEPTING THE BID OF THE OHIO OIL COMPANY FOR THE SALE TO THE CITY OF PADUCAH OF THE Id C 1-2-3 LIQUID ASPHAL AND R C - 3 LIQUID ASPHALT TO BE USED BY SAID CITY DURING THE YEAR 1947, AND AU UfORIZING THE CITY MANAGER TO ENTER INTO AI7D EXECUTE A CONTRACT FOR THE PURCIiASE OF SAID tATERIALS, AND PRESCRIBING THE TERMS AND CONDITIONS UNDER 71HICH SAID PURCHASES SHALL BE 14ADE VVHEREAS, pursuant to a resolution adopted by the Board Of Commissioners on March 25, 1947, the City Manager advertised for bids for the purchase of all M C 1-2-3 and R.C.-3 Liquid Asphalt required by the City during the remainder of the year 1947; and, f'IHEREAS, the City Manager having advertised for bids as required by the provisions of said resolution and having received the bids of the Ohio Oil Company, the American Liberty Oil Company and the Lion Oil Company; and, 7oMREAS, the city Manager havings recommended the acceptance of the bid of the Ohio Oil Company; N0W THEREFORE, BE IT ORDAINED BY THE BOARD OF COLT,IISSIONER OF TIfE CITY OF PADUCAH, KENTUCKY; SEC TION 1. That the bid of the Ohio Oil Company for the sale to the City of Paducah of all it, C 1-2-3 Liquid Asphalt and R C -3 Liquid Asphalt required by the City of taducah during the year 1947 be accepted, and the City Manager is hereby authorized to enter into and execute a contract for the purchase upon the order of said city of all asphalt to be used during the year 1947, said contract to contain the following terms, c onditions and covenants: "The Company hereby agrees to sell and deliver to the City upon its order the M C 1-2-3 and R C - 3 Liquid Asphalt required in all repair and construction work during the remainder of the year 1947 at the prices and upon the terms set forth in said Company's bid as follows: "LIC 1-2-3 Liquid Asphalt :0.0854 per gallon in tank car quantities (6500 gallon tank cars as desired) f.o.b. tank cars on city track, 6th & Campbell Streets, Paducah, Kentucky. Tank cars will be equip- ped with steam heater coils and if insulated tank cars are required there will be additional charge of ;,6.00 per car per trip. RC Liquid Asphalt 40.0879 per gallon for delivery same manner as provided on MC Asphalts above. Terms: Net 30 days." "The Company further agrees to furnish asphalt which will meet the requirements of the Kentucky State Highway Specifications for the aforesaid respective grades. 64 "In consideration of the agreement of the City to purch se from the Company all of the aforesaid grades of asphalt requir d during the remainder of the year 1947, the Company agrees that the prices for said asphalt shall not exceed the charges herei - above provided, that in the event of a general advance in the retail price of asphalt during the aforesaid period the Company's obli_aation to sell and deliver asphalt at the aforesaid prices shall remain and continue in full force and effect, but in the event of a general decline in the price of said products the City will be given the benefit of the reduction in price." SECTION 2. This ordinance shall be introduced at a regular meeting of the Board of Commissioners and remain on file at least one (1) wee for public inspection in the completed form in which it shall be p t upon its final passage, and if adopted, it shall be in full force and effect ten (10) days thereafter/ Play Introduced by the 'Board of Commissioners, April 15th, 1947 Passed by the Board of Commissioners, April 22nd, 1947 Recorded by Sarah Thurman, City Clerk, April 22nd, 1947.