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Res 26-76 RESOLUTION NO. 26-76 A RESOLUTION OF THE CITY COUNCIL OF'THE CITY OF DELRAY BEACH, FLORIDA AUTHORIZING TIlE ADMINISTRATION TO NEGO- TIATE AND EXECUTE A CONTRACT FOR THE PURCHASE OF APPROX- ImaTELY 7,500 TONS OF ASPtLALT ~D APPROXIMATELY 14,500 SQUARE YARDS OF SLURRY SEAL FOR UPGRADING CITY STREETS AND SIDEWALKS IN ACCORDanCE WITH THE EXHIBIT "A" ATTACHED HERETO. WHEREAS, it is the recommendation of the Administration that the City Council authorize the Administration pursuant to Section 2-14 of the City Code of Ordinances, to negotiate and execute a contract for the purchase of approximately 7,500 tons of asphalt and approximately 14,500 square yards of slurry seal for upgrading city streets and sidewalks in accordance with Exhibit "A" attached hereto; and, WHEREAS, it is the Council's opinion that such negotiation and execution of a contract would be in the best interest of the City due to the uncertain availability of crude and asphaltic oils and the fluctuation of prices; and, WHEREAS, it is the Council's opinion that the upgrading of the City streets and sidewalks, in accordance with Exhibit "A" attached hereto, would be in the best interest of the City, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: SECTION 1. That the Administration is hereby authorized to proceed to negotiate and execute a contract for the purchase of approximately 7,500 tons of asphalt and approximately 14,500 square yards of slurry seal for upgrading City streets and sidewalks in accordance with the Exhibit "A" attached hereto. SECTION 2. That this improvement shall be funded with money from the $600,000 Street and Sidewalk Bond Issue. PASSED ~ND ADOPTED in regular session on this the 24th day of May, 1976. ATTEST: City Clerk ~ oo~~~ooo~oooooooo~o~ooooooo O. U'I ¢.~ 0 O1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXHIBIT "A" ·