HomeMy WebLinkAboutOrdinances Book 15, Page 542, No Ordinance NumberAN ORDINANCE ACCEPTING THE BID OF EMULSIFIED ASPHALT COMPANY
FOR THE SALE TO THE CITY OF TYPE RS, MS, SS AND AE -200 EMULSIFIED
ASPHALT REQUIRED BY THE CITY OF PADUCAH DURING THE YEAR 1965, AND
AUTHORIZING THE CITY MANAGER TO ENTER INTO AND EXECUTE A CONTRACT
FOR THE PURCHASE OF SAID MATERIALS, AND PRESCRIBING THE TERMS AND
CONDITIONS UPON IJHICH SAID PURCHASE SHALL BE MADE
BE IT ORDAINED BY THE BOARD OF =SlISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the bid of Emulsified Asphalt Company for sale
to the City of Paducah of types RS, MS, SS and AE -200 emulsified
asphalt required by the city during the year 1965 be accepted, and the
City Manager is hereby authorized to enter into and execute a contract
for the purchase, upon the order of .the City, all of such asphalt
to be used during the year 1965, said contract to contain the
follovrinp terms, conditions and covenants: Orders"are to be placed
by collect telephone call to the Seller and delivery to be made by
transport truck within twenty-four hours after order. All asphalt
must meet Kentucky State Highway specifications. The Seller shall
furnish and install a 10;000 or 12,000 gallon storage tank at 6th -
and Campbell Streets, Paducah, Kentucky; where delivery is to -be
made at $0.12°O per gallon. Said contract shall also contain a -ll
terms, conditions and covenants -contained in the Resolution authorizing
the advertisement .for Lids, which was adopted by the Board of
Commissioners on I+Iarch 23; 196x. A puarantee shall be provided
against advance in the market price and a guarantee shall be provided
for reduction :in price in the event of a decrease in the market price,
and the Seller shall post a performance bond in the amount of $2,500.00
guaranteeing specifications and delivery. The terms of payment
shall to 1% discount within ten (10) days and net price as above
in thirty (30) days.
SECTION 2. This ordinance shall be introduced at a Regular
eetinp 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.
Norman A. Parr/ott, Commissioner
,/James A. Davis, Mayor Pro Tem
Introduced by the Board of Commissioners April 13, 1965
Passed 1.y the Board of Commissioners April 20, 1965
Recorded Iv Sarah TI-,urman, City Clerk., April 20, 196`.
NO