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HomeMy WebLinkAbout96-12-5611IN C" ORDINANCE NO. 96-12-5611 AN ORDINANCE ACCEPTING THE BID OF JIM SMITH CONTRACTING COMPANY, INC., FOR SALE TO THE CITY OF ITS REQUIREMENT OF BITUMINOUS CONCRETE (CLASS I, TYPE A), FOR THE FISCAL YEARS 1996-97 & 1997-98, TO BE USED IN STREET RESURFACING, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accepts the bid of Jim Smith Contracting Company, Inc., of October 29, 1996, for sale to the City of its requirement of bituminous concrete (Class I, Type A), for fiscal years 1996-97 & 1997-98, with a one-year option to renew, at the following prices: DESCRIPTION Bituminous Concrete Bituminous Concrete APPROX QUANTITY tons. tons. UNIT BID PRICE $26.00 - delivered $24.00 - pickup SECTION 2. The Mayor is hereby authorized to execute a contract with Jim Smith Contracting Company, Inc., for sale to the City of the material authorized in Section 1 above, according to the specifications, bid proposal and all contract documents heretofore approved and incorporated in the bid of October 29, 1996. SECTION 3. Jim Smith Contracting Company, Inc., will furnish to the City, within ten (10) days after execution of said contract, a performance bond in the amount of $1,000.00. SECTION 4. The purchase price shall be charged to various accounts. SECTION 5. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: e2 Le4aSmith..' City Clerk Introduced by the Board of Commissioners November 26, 1996 Adopted by the Board of Commissioners December 10, 1996 Recorded by Lenita Smith, City Clerk, December 10, 1996 Published by The Paducah Sun, December 14, 1996 \winword\ordinanc\dees\bitumin Mayor 26