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HomeMy WebLinkAbout88-11-4148458 ORDINANCE NO. 88-11-4148 AN ORDINANCE AMENDING ORDINANCE NO. 88-5-4065 BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accept the bid of Reed Crushed Stone Company, Inc. for sale to the City of its requirement of limestone to be used in street con- struction work for the year 1988-89, said bid being in words and figures as follows: "We propose to furnish, sell and deliver to the City of Paducah (within the city limits) crushed limestone and riprap in lots of 100 tons or more, as ordered for the following prices per ton: #11 @ $5.25 per ton #610 @ $5.25 " It #2 @ $5.60 V1 43 @ $5.60 if #68 @ $5.75 " #78 @ $5.90 " #8 @ $5.90 if #9M @ $5.90 " If DGA @ $5.90 " it Rip Rap @ $6.15 " " We will start delivery within twenty-four hours after receiving each order. This is a firm price (( and will not be advanced during the fiscal year 1988-89. In the event of a reduction in our market price, we agree to adjust the price ac- cordingly. Material delivered will be according to Kentucky State Highway specifications for No. 2, No. 610, No. 68, No. 3, No. 78, No. 8, No. 9M, No. 11 and DGA crushed limestone. Riprap will also meet Kentucky State Highway specifications. If the contract is awarded to us, we agree to post a performance bond in the amount of $1,000. We also agree to conform with all other requirements as set forth in the request for bids on this material". Said bid being in substantial compliance with a Municipal Order authorized by the Board of Commissioners on March 22, 1988, and as contained in the bid of Reed Crushed Stone, dated April 27, 1988. " SECTION 2. That the Mayor be authorized to exe- d- cute a contract with Reed Crushed Stone Company, Inc. for the purchase of limestone as set out in Section 1 above, according to the provisions in said Municipal Order and in said bid. ME SECTION 3. The purchase price for said limestone shall be charged to the follow- ing accounts: Contingency Fund 7 10-500-150-494; Contract Repair Construction - 10-500-160-257; Flood Construction - 10-500-320-369;.Street Paving - 10-500-330-354; MAP Street I Paving - 10-500-340-354; Landfill Development - 1 10-500-425-710; Expansion & Development, Cemetery - 10-500-430-525; and Expansion & Development, Parks Dept. - 10-500-610-525. SECTION 4. In order to pay outstanding bills, an emergency is hereby declared to exist and this ordinance shall become effective immediately with one reading. GERRY B. MONTGOMERY Mayor Introduced and adopted by the Board of Commissioners November 8, 1988 Recorded by Lenita Smith, City Clerk, November 8, 1988 Published by The Paducah Sun November 14, 1988 limeston.ord