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Waterloo Evening Courier in Waterloo, Iowa

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Newspaper

Waterloo Evening Courier

Location

Waterloo, Iowa, United States of America

Date

Mar 27, 1923

Page

9

Bryant Co Wins City Paving Contract in Bid Saving

The city council awarded Bryant Pav ing company a 269275 dollar contract for 66 000 square yards of new asphalt paving and 50 600 square yards of resurfacing. Bryant agreed to use Burmudez natural lake asphalt cutting costs and remaining bids. Mayor A E Gnagy touted the low state bid as a major saving with prices 2 57 per square yard for asphaltic concrete and 2 70 for sheet asphalt.

Bryant Paving Company of Waterloo Miles Street Burmudez Ralp B. Slippy Bryant Company Trinidad Burmidez A. E. Gnagy

Waterloo asphalt paving wins city contract bid

L W Bryant of the Bryant company says the low price comes from using a permanent Waterloo plant. Council considered three bids from Bryant, Sieg Construction, and Dearborn Construction, ultimately voting 4 to 2 for all asphalt paving. Proponents argued standardized asphalt would lower upkeep costs and allow future self maintenance.

L. W. Bryant Bryant Company Waterloo Sieg Construction Company Dearborn Construction Company C. 4. Howard A. A. Zimmerman Voto

Bond Proposal Rejected By City Officials

City officials unanimously rejected a bonding company proposal to issue bonds bearing 6 1-2 percent interest with 1 1-2 percent commission for expenses to fund payments to the contractor in cash. The decision halts planned financing and delays contractor payments pending alternative arrangements.

City council finds no price advantage in bonds bids

At the project's end the council notes none of the 13 bids offered a lower cash price than the 6 percent bonds. The comparison shows no savings or advantage in completing the work with bonds instead of cash payments, leading to a decision on how to proceed.

Bryant Paving Contract Secures Bond and May Start

A bond of $203,000 was required of the Bryant Paving company to guarantee completion of the contract according to specifications. Work is to begin not later than May 1, 1923.

Bryant Paving Company

Also Mentioned on This Page

Fletcher Castoria Centaur Company New York City Scott Be Bowne Bloomfold N.J New Liberty Cafe The Red Cross West Fourth and Jefferson Burton M. Gotshall Carl C. Bickley M.D Leavitt Johnson Loor Gingham.s
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