Loading...
HomeMy WebLinkAbout93-8-4998219 ORDINANCE NO. 93-8-4998 AN ORDINANCE 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. 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 8,000 Tons $ 27.50 $220,000.00 2. Bituminous Pavement & Milling Texture 3,000 Tons $ 16.50 $ 49,500.00 3. Base Construction (DGA) 500 Tons $ 12.50 $ 6,250.00 4. Shoulder Construction (DGA) 500 Tons $ 15.00 $ 7,500.00 5. Manhole Adjustment 5 Each $500.00 $ 2,500.00 6. Asphalt Overlay Geotextile Fabric 20,000 SQ YD $ 1.50 $ 30,000.00 TOTAL BID $315,750.00 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. SECTION 5. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Introduced by the Board of Commissioners August 24, 1993 Adopted by the Board of Commissioners August 31, 1993 Recorded by Lenita Smith, City Clerk, August 31, 1993 Published by The Paducah Sun, September 6, 1993 �dw5\ord\contract