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HomeMy WebLinkAboutOrdinances Book 12, Page 212, No Ordinance Number212 r -,i LA AN T?DINANCE AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH E. M. BAILEY DISTRIBUTING COMPANY FOR THE PURCHASE OF GASOLINE REgUIRED IN GOVERN- MENTAL OPERATIONS FOR A PERIOD OF FOUR MONTHS BEGINNING JANUARY 16, 1951, AND PROVIDING THAT PURCHASES SHALL BE MADE UPON THE TERMS AND CONDITIONS SET FORTH THEREIN BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KEKTUCM SECTION 1. That the City Manager be and he is hereby authorized for and on behalf of the City of Paducah, to enter into a contract with the E.M.Bailey Distributing Company for the purchase of regular gasoline minimum research octane 84, at a price not to exceed 21.1 per gallon; also Ethyl gasoline, minimum re- search octane 90, at a price not to exceed 22.6 per gallon, exclusive of any Federal excise tax; said gasoline to be purchased upon the m dor of the City of Paducah for use in governmental operations for a period of four months beginning January 16, 1951, and upon the terms and conditions set forth in the written bids of said company received and filed by the Board of Commissioners on December 19, 1950, said terms and conditions as set forth in said bid being referred to and made a part of this ordinance to the same extent as if fully copied herein. SECTION 2. The contract under which said gasoline will be purchased shall fully provide that in the event of a decline in the retail price of said product at any time during said period, the city shall be given the benefit of market reduction in prices and the City Manager shall include in said contract such additional terms and conditions as may be necessary to protect the interests d' the City of Paducah. SECTION 3. This ordinance shall be introduced at a regular meeting of the Board of Commissioners and remain on file at least one week for public inspection in the completed form in which it shall be put upon its final passage. I M ayor Passed by the Board of Commissioners December 26, 1950 Recorded by Sarah Thurman, City Clerk, December 26, 1950.