Palo Pinto County is accepting sealed bids for road construction on Chestnut Mountain Road. Bid specifications will be available in the Palo Pinto County Commissioners office. For further information please contact County Commissioner Jeff Fryer at (940) 682-6952. All bids must be received in the County Commissioners’ office no later than noon on September 10, 2010.
Notice is also given that it is the intention of Palo Pinto County to fund all or a portion of the project by the issuance and delivery of interest bearing time warrants. The maximum amount of time warrant indebtedness will be $350,000. The warrants will bear interest at a rate not to exceed Wall Street prime rate as of the date of issue, and the maximum maturity date will be October 31, 2013.
Bids will be opened during Regular Session of the Palo Pinto County Commissioners’ Court on September 13, 2010 at 9:00 a.m., in the County Courtroom.
PALO PINTO COUNTY RESERVES THE RIGHT TO ACCEPT OR REJECT ANY OR ALL BIDS.