Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1919-09-24

other means OF advertising as IN ms
Judgment shall be productive Of the
largest number of bids for COMPETE
tive sealed bids for doing said work
in accordance with this ordinance and
the survey plans and specifications
above referred to. Bidders shall
submit sealed bids addressed to L. P.
Evans, Mayor of Richmond, at Rich
mond, Kentucky, marked "Street I'M
provement Bids" and said Mayor
shall keep said bids and open them in
the presence of the City Council in
it's Council chamber at such regular
meeting of the Board of Council as it
may by resolution hereafter desig-
nate whereupon the Council shall ac-
cept the lowest and best of said bids
for said work to be done with the
kind of materials then selected by it,
reserving however, the right to re-
ject any or all bids. Each bid shall
be accompanied by certified check
on a solvent bank, payable to the
treasurer of the city of Richmond
in the sum of one thousand ($1000.00)
dollars, which sum shall be forfeited
as acknowledged and agreed, liquidat-
ed damages to the city of Richmond
in the event the bidder to whom the
contract of said work is awarded
fails to enter into a contract and
furnish bond as hereinafter required.
The checks deposited by unsuccessful
bidders shall be returned to them
when contract for said work is
awarded, and the check of the sue
cessful bidder will be returned to him,
if and when he executes the contract
and furnishes the bond required.
6. Within ten (10) days after he
shall have been awarded the contract,
the accepted bidder shall enter into
a contract with the city Of Rich
mond for the full and faithful per-
Torrance of said work, including all
labor and materials in accordance
with this ordinance and the survey
plans and specifications aforesaid,
and shall also execute and deliver to
the city of Richmond in a sum equal
to the amount of the agreed contract
price, bond with a Surety Company,
authorized to do business in Ken,
lucky, acceptable to and approved by
the Board of Council, as Surety,
which bond shall guarantee the full
and faithful performance of said con-
tract within a reasonable time, and
which shall indemnify the city Of
Richmond against any ana all loss
sustained by reason of said contrac-
tors negligence or defective con-
struction, and which shall further
covenant to and with the city of Rich
mond that said contractor will forever
indemnify and save said city free
and harmless from any and all claims,
demands, actions and rights of
actions whatsoever, for any neglig-
ence or defective construction, and
for all royalties, licenses or fees due
or claimed to be due for the infringe
ment of any patent right or privilege
alleged or claimed to have been
violated or infringed by reason of the
construction of said work on any
part thereof, either as to materials,
tools, or appliances used in said con-
struction, or as to the manner in
which the said materials may be used
or combined. The said contractor
and the said bond shall further pro-
vide that tug contractor shall begin
work with ten (10) days after enter
ing into the contract land shall con-
tinue at all times thereafter to prose-
cute said work diligently unto COM
pletion.
7. That when the work is COM
pleted in accordance with the con-
tract and survey plans and specifi-
cations, the City Engineer shall make
full and correct estimate Of the
total cost thereof, showing the total
number of abutting or fronting feet
of property on each of said streets,
the cost per abutting foot on each
of said streets, the names of the abut-
ting property owners on each of said
streets, the number of AUDITING feet
of property owned by each person
and the proportionate part of the cost
of the improvement to be assessed
against the property of each AUDITING
property owner on each of said
streets, and the part payable by the
city. One copy Of this estimate shall
be delivered by the City Engineer to
the Chairman of the Street Commit
tee of the Board of Council, and
another to the Mayor, to be by him
transmitted to the City Council. Up
on receipt of such copy from the
City Engineer, the Chairman of the
Street Committee shall by notice by
one insertion in the Daily Register,
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