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HomeMy Public PortalAboutORD04938 . #4938 AN ORDIaANCE TO A?PHOPRIATE N O1vEY. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS FOLLOWS: Section 1. 'here is hereby appropriated out of the "Park gund" the sum of�65 756.38; being the amount of Utility tax for the months of April, ay and June, 1947. Section 2. The '-ayor and City clerk are hereby instructed to draw a warrant in favor`"of the City "ark 13oard for the above amount. Passed July 28, 1947 Approved 7/30 1947 J. T. Blair Jr. J. T. Blair Jr rest ent df the ounc Mayor #4939 AN ORDItv&NCE AUTHORIZING THE MAYOR OF THE CITY OF JEFFERSON, MISSOURI, A MUlvIC,P'PAL CORPORATION, TO SIGN AND EXECUTE A CERTAIiv AGREEMENT ON THE PART OF THE CITY OF JEFFERS01 , MISSOURI AS HEREIN* AFTER SET OUT. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JEFFERSO',T, ?AISSOURI, AS FOLLOWS: Section 1. she Mayor of the City of Jefferson, Missouri, a municipal corporation, is hereby authotized and directed to sign and execute on behalf of the City of Jefferson, Missouri, a certain agreement with`Hichard A. Schell and Phyllis Schell, d/b/a Sche&l Construction omnany, Patties of the First art, and E. F. Kieselbach, Party of the Second art, as follows, to-wit': M .&hat whereas the City of Jefferson, Missouri, of the County of Cole''and State of Missouri, has let a contract to apd col2tracted with Parties of the First art whereb y ' arties of the irst part for and in consideration of the sum of Nine '`housand and Thirty-Seven Dollars and Fifty Cents (4"9,039,50) to be paid in cash or special tax bills tothem by Laid 8ity of Jefferson, have agreed to grade, curb, gutter and pave Chicago 'toad in said Oity as specifically set out in said contract, and whereas it is the desire of the parties of the First tart to assign said contract Iii toto or to sublet same and it is the desire of the tarty of the Second .art to undertake the fulfillment of said contract. Now therefore, the a arties of the r irst -art do hereby sell, assign, transfer and set over kkn unti tfie party of the Second Partt all of their rights and obligations under the above described contract between the Parties of the First ` art and said ity unto the arty of the Second Part, it hereby being agreed that said assignment includes all of the obligations of the Parties of the First ""art under said contract and all rights to receive payment either incash or special tax bills for performance of said contract and for the doing of the work under said contract to said Party cf t the arty of the Second Part and said ?arty of the Second art hereby agrees that he will assume the obligations of said contract aforesaid and will do and perform every act and thing ivhich said parties of the First part agreed to do accordtLng to the terms of said contract and shall hold the ` arties of the First Part harmless therefrom, it being hereby further agreed that the Party of the Second Part shall perform said contract entirely at his own expense, employingvat his own expense all labor and furnishing at his own expense all equipment and material necessary to perf-orm said contract, it being hereby further agreed that if the cost of the construction of said work shall ex- ceed the contract price that any loss occasioned thereby shall be borne entirely by the Party of the Second Part, it being hereby further agreed as part of the consideration of this contract and this assignment that if when said work is fully completed and accepted Pnd paid for the contract price shall exceed the total costs, the difference hereby being declared to be net profit, the Party of the Second cart will as papt of the consideration of this agreement pay to the Parties of the irst Part one-third os such profit.