HomeMy WebLinkAboutOrdinances Book 12, Page 757, No Ordinance Number757 �—
AN ORDINANCE ACCEPTING THE BID OF THE OHIO OIL COMPANY FOR SALE TO
THE CITY OF PADUCAH MC1-2-3 LIQUID ASPHALT AND RC -3 LIQUID ASPHALT TO BE
USED BY SAID CITY DURING THE YEAR 1952, AND AUTHOR IZING THE CITY MANAGER TO
ENTER INTO AND EXECUTE A CONTRACT FOR THE PURCHASE OF SAID MATERIALS, AND
PRESCRIBING THE TERMS AND CONDITIONS UNDER WHICH SAID PURCHASES SHALL BE
DIADE
WHEREAS, the City Manager has advertised for bids for liquid asphalt
as required by the resolution adopted by the Board of Commissioners on March
4, 1952 and the Ohio Oil Company being the lowest and best bidder on said
contract; and
4HEREAS, the City Manager having recommended the acceptance of the
bid of the Ohio Oil Company;
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF CODIDIISSIONERS OF THE CITY
OF PADUCAH, KENTUCKY:
SECTION 1. That the bid of the Ohio Oil Company for the sale to the City
of Paducah of all MC 1-2-3 Liquid Asphalt and RC -3 Liquid Asphalt required by
the City of Paducah during the year 1952 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 1952, said
contract to containthe following terms, conditions and covenants:
The Company hereby agrees to sell and deliver to the city upon its order
the DIC 1-2-3 and RC -3 Liquid Asphalt required in all repair and costruction
work during the remainder of the year 1952 at the prices and upon the terms set
forth in said Company's bid, as follows:
MC -1-2-3 Liquid Asphalt, :,0.1055 per gallon in tank car quantities
(6,500 or 8,000 gallon tank cars as desired) f.o.b. tank cars on
City of Paducah track, Sixth and Campbell Streets, Paducah, Kentucky.
Tank cars will be equipped with steam heater coils and if insulated
tank cars are required, there will be additional charge of N6.00 per
car per trip.
R -C Liquid Asphalt, u0.1055 per gallon for delivery same manner as
provided above for MC -asphalts.
Asphalts we propose to furnish will meet requirements of Kentucky
State Highway Specifications for respective grades (Terms: Net 30 days)
In consideration of the agreement of the city to purchase from the
company all of the aforesaid grades of asphalt required during the remainder
of the year 1952, the Company agrees that the prices for said asphalt shall not
exceed the charges herein above provided, that in the event of a general advance
in the retail price of asphalt during the aforesaid period the Company's obli-
gation 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.
758
SECTION 2. This ordinance shall be introduced at a regular meeting
of the Board of Commissioners and remain on file for at least one creek for
public inspection in the completed form in which it shall be put upon its
final passage, and if adopted it shall be in full force and effect ten days
thereafter.
Mayor /I
Introduced by the Board of Commissioners April 8, 1952
Passed by the Board of Commissioners April 22, 1952
Recorded by Sarah Thurman, City Clerk, April 22, 1952