HomeMy WebLinkAboutResolution - 062437C - Notice To Bidders - Engine & Equipment For The Municipal Light & Power Plant - 06/24/1937"NOTICE TO BIDDERS PROPOSING TO FURNISH ADDITIONAL ENGIN AND EQUIPIMNT
FOR THE T.MNICIPAL LIGHT AND PO*71ER PLANT OF THE CITY OF LUBBOCK, TEXAS."
"Notice is hereby given br the City of Lubbock, Texas, that on July 12th,
1937, at 1:30 P.M. at the Regular I;ieeting Place of the City Commission of
said City on the Second Floor of the City Hall, at Lubbock, Texas, said City
will receive competitive bids on proposal to deliver, F.O.B. Cars, Lubbock,
Texas, the following type engine and equipment:"
1 - Diesel engine generating unit minimum H.F. 2,000, K-'aximum H.P. 2,750,
with direct connected generator of suitable size therefor, with necessary
auxiliaries, (or) 1 - Vertical natural gas engine minimum H.P. 1500,
liaximum H.P. 2000, with direct connected generator of suitable size
therefor, with necessary auxiliaries.
Bids shall be accompanied by certified check of the bidder in the amount
of five per cent of the bid price, unconditionally payable to the L-Layor
of the City of Lubbock, Texas, to guarantee execution of contract, if
same should be awarded to the bidder.
"The purchase price of said engine and equipment to be paid out of the net
profits of said municipal electric and power plant within two years from
date of installation and acceptance in equal installments, bearing interest
not to exceed 4% per cent per annum, payable on each monthly installment
at the maturity thereof. Interest runs from date of installation and
acceptance. City shall have the right to pay all or any part of said
indebtedness before maturity."
"Notice is further given that the contract for said engine and equipment
shall be made in conformity with Article 1111 to 1118 inclusive, of the
Statute and Amendments thereto, and also "Bond and Warrant Law of 19311
which statutes contain the express stipulation that: Every contract, bond
or note issued or executed under this late shall contain this clause: "The
holder hereof shall never have the right to demand payment of this
obligation out of any funds raised or to be raised by taxation'. Said
contract shall be let to the lowest responsible bidder on the respective
type of construction selected, but the City shall have the right to reject
any and all bids."
Specifications may be obtained at the office of the City I,anager.
This the 24th day of June , 1937 '
ay o r
Attest:
1 ty Se cretrry.