HomeMy WebLinkAboutOrdinances Book 13, Page 874, No Ordinance NumberAN ORDINANCE ACCEPTING THE BID OF THE SOUTHLAND COMPANY FOR
SALE TO THE CITY OF MC -2, MC -3, RC -2 AND RC -3 LIQUID ASPHALT REQUIRED
BY THE CITY OF PADUCAH DURING 1958; AND AUTHORIZING THE CITY MANAGER TO
ENTER INTO AND EXECUTE A CONTRACT FOR THE PURCHASE OF SAID MATERIAL;
AND PRESCRIBING THE TERMS AND CONDITIONS UNDER WHICH SAID PURCHASES
SHALL BE MADE
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the bid of the Southland Company for the sale
to the City of Paducah of all MC -2, MC -3, RC -2 and RC -3 Liquid Asphalt
required by the City of Paducah during the year 1958 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 such
asphalt to be used during 1958, said contract to contain the following
terms, conditions and covenants:
Orders are to be placed by the City by Collect telephone call
and delivery to be made within three to four days after order; the
delivered price for the asphalt shall be in the sum of $0.1204 per
gallon f.o.b. 6th & Campbell Streets, Paducah, Kentucky and to be
delivered in 6000 or 10,000 gallon insulated tank cars, equipped with
fittings and steam coils for heating, and all asphalt must meet Kentucky
State Highway specifications. The Southland Company is to be required
to furnish and install a 10,000 or 12,000 gallon (or larger) storage
tank equipped with fittings and steam coils for heating MC or RC liquid
asphalt. A guarantee shall be provided against advance in market price
and a guarantee shall be provided for reduction in price in the event
of a decrease in the market price, the Southland Company shall post
a performance bond in the sum of ;2,500.00 guaranteeing specifications
and delivery. Terms of payment shall be 1% discount within ten (10) days
and net price as above in thirty (30) days on material only/
SECTION 2. This ordinance shall be introduced at a regular
meeting of the Board of Commissioners and remain on file for at least
one (1) week for public inspection in the completed form in which it
shall be put upon its final passage, and if adopted shall be in full
force and effect ten (10) days thereafter.
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Introduced by the Board of Commissioners March 15, 1958
Passed by the Board of Commissioners March 22, 1958
Recorded by Sarah Thurman, City Clerk, March 22, 1958.