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HomeMy WebLinkAbout99-5-6041210 ORDINANCE NO. 99-5- r0014 / AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE DOCUMENTS TO RELEASE WAHL'S EXCAVATING AND UNDERGROUND FROM A CONTRACT ON THE MORGAN-CORNELL ROADWAY IMPROVEMENT PROJECT - PHASE II WHEREAS, by Ordinance 98-5-5853 the City of Paducah approved a contract with Wahl's Excavating & Underground for the Morgan -Cornell Roadway Improvement Project; and WHEREAS, by Ordinance No. 99-9-5952, the City approved Change Order No. 1 in the amount of $59,901.58 to finalize the project and adjust actual quantities installed; and WHEREAS, Change Order No. 2 is required to decrease the contract amount by $282,387.48 and to release Wahl from the remainder of their contract. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to execute Change Order No. 2 for a decrease in the amount of $282,387.48 with Wahl's Excavating and Underground Inc., thereby decreasing the total contract amount to $1,080,155.60 for work performed on the Morgan -Cornell Roadway Improvement Project - Phase II. SECTION 2. The Mayor is further authorized to execute a Mutual Release Agreement with Wahl's Excavating and Underground Inc. to release Wahl from their contract on the Project in Section 1 above. 532-2307. SECTION 3. This adjustment shall be applied to Account No. 40-3305- SECTION 3. In order to provide continuity for the completion of this project, an emergency is hereby declared to exist and this ordinance shall become effective immediately with one reading. Mayor ATTEST: - City Clerk Introduced and adopted by the Board of Commissioners May 25, 1999 Recorded by Lenita Smith, City Clerk, May 25, 1999 Published by The Paducah Sun %�. / / 4 97 ord/contract/chgord 1