Minutes 08/10/1954 - Laserfiche WebLink

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revocation proceedings. Rather, it is intended that the general level of service from an overall and community-wide standpoint be maintained at reasonable standards, commensvrate with earning a fair return on the investment, ..rhether it involves only one or all of the items listed and/or matters not specifically listed but having a bearing on adequate convenience and necessity. Section 14. This ordinance shall be in full force and effect from the date of its pas Gage. CITY OF MARTmSVILLE, VIRGINIA Mayor ATTEST: --- Clerk of Council Placed on first reading: Adopted: SPECIFICATIONS All persons, firms or corporations desiring to submit bids for said franchise shall comply as follows: 1. All bidders shall submit written material in support of financial responsi- bility. The individual, partnership or corporation bidding on the franchise shall submit such financial reports, statements, documents and audits as it or they may deed appropriate in support of said financial responsibility. City Council may call for additional pertinent information if it feels that further information is needed to establish financial responsibility of the bidder. 2. All bidders shall submit written material in support of operating responsi- bility. The individual, partnership, or corporation bidding on the franchise shall submit such letters, documents and reports as it or they deem appropriate, showing past experience ip bus transportation or allied business. Information shall also be furnished showinG present and/or proposed equipment and oporating plans. City Council may call for additional pertinent information if :it foels that further information is needed to estecblish operating responsibility of the bidder. 3. All bidders shall submit a writ ten sta temon t agreej.ng to meot all terms of the franchiso within six (6) months of the award of same, in the event bidder is successful, and shall further agree to immediately provide omorgency and temporary service during the said six-months period. Bidders shall agree in this statement to cause the compliffi1cu bond roquired by Scction 11 of the franchise ordinance hereinabove set forth to be promptly executed, which bond among other things shall provide for immediate sorvice of an emorgoncy nature and to meet all terms of the franchise within six (6) months after tho award of same. 4. All biddors submitting bids shall use bid forms, which shall be obtained from the Clerk of City Council, and each bid must be accompanied by a certified, Bank Cashier's, or B~~k Treasurer's chock drawn upon an incorporated bank or trust company in the amount of one thousand dollars ($1,000.00) and payable to the Treasurer of the City of Martinsville, Virginia, to secure the City against any loss resulting from failure of the bidder to comply with the terms of bidder's proposal. In the event the bidder is not succossful his check will be returned to him forthwith. In the event the bidder is successful, the chock will be accepted and deposited by the City and credited to the bidder's purchase price and no interest will be allowed thereon. The proceeds of thE; check will be rotained by the City as liquidated damages in case successful bidder tails to comply with the terms of his bid proposal. The right is roserved to reject any and all bids. Each bid proposed should be onclosed in a sealed envelope, and should be directed to the City Council, City of Martinsvillo, Virginia, and dolivered on the date here- inbefore set forth, which bid shall be opened in open session by the presiding officer of the City Counci.l, who shall read aloud or cause to be read aloud the bids that have been received. Further information will be furnished upon application to the undersigned. CITY OF MARTINSVILLE, VIRGINIA w. H. Yeaman, Clerk of Council