HomeMy WebLinkAbout88-5-4065340
ORDINANCE NO. 88-5-4065
AN ORDINANCE ACCEPTING THE BID OF REED CRUSHED STONE .COMPANY,
INC., FOR SALE TO THE CITY OF ITS REQUIREMENT OF LIMESTONE, TO BE USED
IN STREET CONSTRUCTION WORK FOR THE YEAR 1988-89, 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 Reed
Crushed Stone Company, Inc., for sale to the City of its requirement of
limestone to be used in street construction 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:
411
@
$5.25
per
ton
#610
@
$5.25
#2
@
$5.60
#3
@
$5.60
"
#68
@
$5.75
►'
"
#78
@
$5.90
#8
@
$5.90
#9M
@
$5.90
-
DGA
@
$5.90
"
►'
Rip Rap
@
$6.15
We will start delivery within twenty-four hours after receiv-
ing each order. This is a firm price and will not be ad-
vanced during the fiscal year 1988-89. In the event of a
reduction in our market price, we agree to adjust the price
accordingly.
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 per-
formance 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 execute a con-
tract 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.
SECTION 3. The purchase price for said limestone shall be
charged to the Municipal Aid Program Funds.
SECTION 4. This ordinance shall be read on two separate days
will be effective upon publication of title and a certified summary
thereof.
OUNCE
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.
-2-
. . . . . . . . . . ..,... 9F1--, - 77�-,
341