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HomeMy WebLinkAbout88-5-4064ORDINANCE NO. 88-5-4064 AN ORDINANCE ACCEPTING THE BID OF SOUTHERN STATES ASPHALT COMPANY FOR SALE TO THE CITY OF ITS REQUIREMENT OF ASPHALT FOR THE YEAR 1988-89, TO BE USED IN STREET CONSTRUCTION AND REPAIR WORK, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SUCH PURCHASE BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY SECTION 1. That the City of Paducah accept the bid of Southern States Asphalt Company, dated May 2, 1988, for sale to the City of its 1988-89 requirement of asphalt to be used in street con- struction and repair work, for the following prices: AE -200 (approximately 10,000 gal.) $0.5985 SS -1H (approximately 1,000 gal.) $0.5785 RS -2 (approximately 1,000 gal.) $0.5385 Primer L (approximately 1,000 gal.) $0.8385 Pug Mill Rental (per gal. of AE -200) $0.05 The above prices include delivery to any point in the City of Paducah in minimum transport quantities of 5,000 gallons. Terms: Net 15th Prox. 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 Southern States Asphalt Company, dated May 2, 1988. SECTION 2. That the Mayor be authorized to execute a con- tract with Southern States Asphalt Company for the purchase of the items set forth in Section 1 above, according to the specifications, bid proposal and all contract documents heretofore approved and incor- porated in the bid. SECTION 3. That Southern States Asphalt Company 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 for said asphalt shall be charged to the Municipal Aid Program Funds. 339 SECTION 5. This ordinance shall be read on two separate days and will be:effective upon publication of title and a certified summary thereof. °I. GERRY B. MONTGOMERY Mayor Introduced by the Board of Commissioners May 10, 1988 Adopted by the Board of Commissioners May 24, 1988 Recorded by Lenita Smith, City Clerk, May 24, 1988 Published by The Paducah Sun May 30, 1988. OUNCE