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HomeMy WebLinkAboutOrdinances Book 11, Page 968, No Ordinance Number068 , 911, ANT ORDI AN'CE AL"'LiO:iI'GING 'LIE CITE IdANAGER TO ENTER INTO A CONTRACT'VI'M E. I,'.. BAILEY DISTRIBUTING COMPANY FOR M12 PURCHASE OF GASOLINE AND A CO1TT3ACT 1J12i MID-CONTI11ENT PETROLEUM CORPORATION FO 51E PU;;CHAS2 OP OIL, TO BE USED BY TUE CITY IN -"OVM1FNE TTAL OPERA- TIONS FOR A PERIOD OF FOUR MONTHS BEGINIIING JANUARY 1, 1950 BE IT ORDAINED BY TILE BOARD OF COI,:I:ISSIONERS OF Iii; CITE OF PADUCAH, I1-NTUC1ty: SECTION 1. That the City Manager be and he is hereby authorize for and on behalf of the City of Paducah, to enter into a contract with E. M. Bailey Distributing Company for purchase of regular gaso line at a price not to exceed 20.9¢ per gallon, and Ethyl gasoline at a price not to exceed 22.4¢ per gallon, and to enter into a con- tract with bifid -Continent Petroleum Corporation for purchase of Diamond Brand i,:otor Oil, SAE Grades 10-20-30-40-50, at 43¢ per gall (in 55 gal drums), said prices including state taxes but excluding Federal taxes; such gasoline and oil to be purchased upon the order of the City of Paducah for use in governmental operations for a period of four months beginning January 1, 1950, and upon the term: and conditions set Borth in the written bids of said companies received and filed by the board of Commissioners on December 13, 1, said terms and conditions as set forth in said bids being referred to and made a part of this ordinance to the same extent as if fully) copied herein. SECTIO:: 2. The contracts under which said 3asoline and oil wil be purchased shall fully provide that in the event of a decline in the retail price of said products at any timo durin" said period, the city aha ll be given the benefit of market reduction in prices, and the City•,:anagor shall includo In said contracts such additional ter, -.,3 and conditions as may be necessary to protect the interests of t're City of fanuoah. S. `hip oiClinance shall be inteoduced at a regular msetin;- ci' the :soard of Cc _;:iosionars and remain cn file at least one wool: for public inspection in the completed foinn in which it ahall Le put ur:cn Ite final pacsa_o, and shall be in full force and! ,effect ton (lr,) daya frr.,, rnd r,ftcr Its. ,doptio l 'Gayo Introduced by the -card n3' ,D i.". iI-onejro :;(icomber 13, LJ::? P`&ssed by ti^.e _oard of Co. nr 0, 1949 ieoorded by :;arari t... r. j i