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<br />NOTICE TO BIDDERS
<br />NOTICE OF INTENTION TO ISSUE WARRANTS
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<br />NOTICE IS HEREBY GIVEN that sealed bids, addressed to Frank
<br />E. Dietterich, !IIayor, San,Marcos, Texas, ,for. the construction, of
<br />ext,ensions and improvements to the waterworks system and the, sewer
<br />system of the City of San Marcos, in accordance with the plans and
<br />specifications therefor prepared by Frank T. Drought, Consulting
<br />Engine,er, San Antonio, Texas, will be received until ..:l
<br />o'clock, ';:J". ~1., on the 25th day of August, 1954, at the Office
<br />of the Cit'Y"Secretary, City Hall, San Marcos, Texas, and publicly
<br />opened and read, after which the bids will be considered by the
<br />City Council and award of, contract made as soon thereafter as
<br />practicable.
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<br />Plans ,and specifications may be examined without charge in
<br />the offire of Frank T . Drought, A & E Building, San :Pedro at
<br />Woodlawn, San Antonio, Texas (Post Office Box 8147, Laurel Heights
<br />Station, San Antonio 12, Texas), and may be procured at said
<br />office upon a depoSit of $20.00 as a guarantee as to the safe
<br />return of the plans and specifications, the full amount of which
<br />will be repaid upon the return of the plans and specifications
<br />within five days ,after receipt of bids.
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<br />The City of San Marcos reserves the right to reject any and
<br />all bids and to waive any or all formalities.
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<br />Attention is called to the fact that not less than the
<br />minimum wage rate prevailing in the locality in which the work is
<br />performed for work of a similar character, and not less than the
<br />general prevailing rate of, per diem wages of legal holidays and
<br />overtime work, shall be paid to all laborers, workmen and
<br />mechanics employed in the construction of public works, and the
<br />general prevailing rate in the City of San Marcos may be obtained
<br />from Frank T. Drought, Consulting Engineer, San Antonio, Texas.
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<br />A certified or cashier I s check on a bank in the State of
<br />Texas or a Bidder I s Bond from ,a reliable Surety Company, payable
<br />without recourse to Frank E. Dietterich, Mayor, for the amount of
<br />not less than five (5%) percent of the largest possible total
<br />for the bid submitted including the consideration of additive
<br />alternates must accompany each bid as a guarantee that, if awarded
<br />the contract, the bidder will promptly enter into a contract and
<br />execute such bonds as may be required.
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<br />NOTICE IS ALSO GIVEN that it is the intention of the City
<br />Council of the City of San Marcos to pay all or a ,part of the
<br />contract price by the issuance and delivery of interest bearing
<br />time warrants in an amount :n01t exceeding $35,000.00, to be
<br />authorized by the City Council on the 25th day of August, 1954,
<br />for the purpose ,of evidencing the indebtedness of the City of
<br />San t~arcos ,Texas, to be incurred in constructing extensions and
<br />improvements to the waterworks system and the sewer system of said
<br />CitYj said warrants to be,ar interest at a rate not to exceed
<br />three and one-half (3-1/2%) percent per annum, and having a
<br />maximum maturity date not later than twenty-'five (25) years from
<br />their date.
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<br />The City will make, arrangements for the Contractor to dispose
<br />of the warrants herein mentioned at ,not less than par, and the
<br />Contractor must agree to deliver the warrants at such price to the
<br />parity with whom the City has made such arrangements.
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<br />GIVEN PURSUANT to a resolution adopted by the~ity Council
<br />oftJl.lil City of San Marcos, Texas, on the ~.z::ri.,. day of
<br />/J7",-r ' 195~
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