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HomeMy WebLinkAbout94-1-5068382 ORDINANCE NO. 94-1- SSG AN ORDINANCE AMENDING ORDINANCE NO. 93-8-4998 ACCEPTING THE BID OF JIM SMITH CONTRACTING CO., INC. FOR RESURFACING VARIOUS STREETS IN THE CITY OF PADUCAH, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. Section 1 is hereby amended to read as follows: "The City of Paducah accepts the bid of Jim Smith Contracting Co., Inc. for resurfacing various streets during 1993-94 fiscal year in the City of Paducah for the following prices: APPROX UNIT BID NO DESCRIPTION QUANTITY UNIT PRICE AMOUNT 1. Bituminous Surface 01000 Tons $ 27.50 S990000100 8,298.27 $228,202.43 2. Bituminous Pavement & Milling Texture X1000 Tons $ 16.50 S/40000100 4,078.11 $67,288.82 3. Base Construction (DGA) 500 Tons $ 12.50 $ 6,250.00 4. Shoulder Construction (DGA) 500 Tons $ 15.00 $ 7,500.00 S. Manhole Adjustment 5 Each $500.00 $ 2,500.00 6. Asphalt Overlay Geotextile Fabric 901000 SQ YD $ 1.50 W01000100 27,292.00 $40,938.00 TOTAL BID ,$$MM100 $352,679.25 Said bid being in substantial compliance with the bid specifi- cations and advertisement for bids, and as contained in the bid of Jim Smith Contracting Co., Inc., dated August 17, 1993". SECTION 2. The Mayor is hereby authorized to execute a contract with Jim Smith Contracting Co., Inc., for the service authorized in Section 1 above, according to the specifi- cations, bid proposal and all contract documents heretofore approved and incorporated in the bid. SECTION 3. Jim Smith Contracting Co., Inc., will furnish to the City, within ten (10) days after execution of said contract, a performance bond in an amount equal to one hundred percent (100%) of the contract amount. SECTION 4. The purchase price for said services shall be charged to the MAP Account No. 03-22-14-464. 383 SECTION 5. To avoid penalty charges on the unpaid balance, an emergency is hereby declared to exist and this ordinance shall become effective immediately with one reading. Mayor Introduced and adopted by the Board of Commissioners January 25, 1994 Recorded by Lenita Smith, City Clerk, Janu ry 25, 1994 Published by The Paducah Sun, /-3/-/994/ \dw5\ord\contract 3