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HomeMy WebLinkAboutOrdinances Book 15, Page 493, No Ordinance NumberAN ORDINANCE ACCEPTING THE BID OF SETH E. GIEM AND ASSOCIATES FOR I THE CONSTRUCTION OF A VOCATIONAL SCHOOL BUILDING IN PADUCAH, KENTUCKY, TO I BE FINANCED BY THE ISSUANCE OF CITY OF PADUCAH SCHOOL BUILDING REVENUE BONDS;I AUTHORIZING THE EXECUTION OF A CONTRACT AND PROVIDING THE TERMS AND CONDITIONS OF SAME WHEREAS following an advertisement for bids for the construction of a Vocational School Building in Paducah, Kentucky, bids were received and opened by the Clerk of said City on January 29, 1965, and WHEREAS the Board of Education of Paducah Independent School District has studied all of said bids and has determined that the bid of Seth E. Giem and Associates in the amount of $532,610.00 is the lowest, best and most favorable bid to the Board and to tha City, and WHEREAS by motion adopted by the Board of Education of Paducah Independent School District at a meeting held February 5, 1965, said Board has requested the Board of Commissioners of the City of Paducah, Kentucky, to accept such bid and to execute a contract for the construction, and WHEREAS Section 162.160 of Kentuckv Revised Statutes authorizes the execution of a contract by the City for the construction of such school addition. NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That.the bid of Seth E. Giem and Associates for the construction of a Vocational School be, and the same is hereby, accepted and confirmed, such bid calling.for a. total price of $532,610.00. J SECTION 2. That the proposed form of contract between said contractor and the city attached to this ordinance be, and the same is hereby approved, i and the Mayor and City Clerk are hereby authorized and directed to execute sa' contract on behalf of the City. I SECTION 3. That said Contractor shall be required to furnish to the City by filing with the City Clerk a performance bond with satisfactory surety guaranteeing one hundred percent performance of the contract, such bond i to be furnished within thirty (30) days after the execution of the contract. If such performance bond is not furnished within such time the City shall be relieved of all obligation under said contract. SECTION 4. That the acceptance of said bid and the execution of said contract is subject to the ability of the City to issue, sell and deliver a sufficient amount of school building revenue bonds together with other available funds to finance the cost of construction of said school building. Said contract is to contain a provision providing that same is not to be construed as imposing any financial liability on the part of the City or any 494 of its officials or employees or any payments due the contractor other than disbursing funds received from the aforesaid revenue bonds and any other funds received from said Board o.fEducation. SECTION 5. That all motions, resolutions or ordinances in conflict herewith are,to the extent of such conflict, hereby repealed. SECTION 6. This ordinance shall be introduced and remain on file for at least one (1) week for public inspection in the com- pleted form in which it shall he put upon its final passage, but it being necessary for the public health and safety of the City of Paducah, Kentucky, that said contract be awarded as soon as possible an emergency is hereby declared to exist and this ordinance shall be in full force and effect from and after its adoption. Mayor Introduced by the Board of Commissioners February 9, 1965 Passed by the Board of Commissioners March 5, 1965 Recorded by Sarah Thurman, City Clerk, March 5, 1965