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DocuSign Envelope ID: 958301 B1-7B8D-416B-82BA-4C4FCA5A4B47 <br />become the property of the City upon its installation or when it otherwise becomes a part of the <br />building, construction, alteration, addition or other improvement, provided that the City reserves <br />all of its rights and remedies ag-ainst the contractor or material provider under the contract and <br />applicable law. <br />All materials furnished and delivered after the job is fifty percent (50%) completed shall be paid <br />for at the rate of ninety percent (90%) of the invoice value of the materials. The balance of such <br />estimate shall be paid when the material is incorporated into and becomes a part of the building, <br />construction, addition, improvement, alteration, or installation, unless the contractor does not <br />prosecute the work with diligence and as specified or intended in the contract. <br />When the rate of work and amounts involved are so large that it is deemed advisable by the <br />Awarding Authority, estimates and payments shall be made twice each month. <br />(h) The general laws of Ohio pertaining to the State's prevailing wage law shall be applicable <br />under this section. <br />(i) The provisions of Ohio R.C. 153.59, to the extent appropriate to application to the City, shall <br />apply to persons, firms, corporations or other entities (the "contractor") who contract with the City <br />and the subcontractors of such contractors. <br />0) The general laws of Ohio pertaining to the award of any contract for the construction, <br />reconstruction, improvement, enlargement, alteration, repair, painting or decorating of a public <br />improvement of the City shall, to the extent appropriate to application to the City, apply under this <br />section; provided that: <br />(1) The provisions of the City's Charter, Codified Ordinances, noncodified ordinances or <br />resolutions, and administrative rules and actions taken pursuant thereto shall prevail over the <br />general laws of Ohio. <br />(2) Ohio R.C. Chapter 149 shall not be applicable to this section. <br />(3) Council may determine that the provisions of the general laws of Ohio, currently Ohio <br />R.C. 153.51 to 15 3.5 3, inclusive, requiring separate bids for each trade or kind of mechanical labor, <br />employment or business and pertaining to performance bonds and specifications of sureties, shall <br />not apply to the City and its contracts. <br />is hereby repealed. <br />Section 67. New Section 111.04 Bidding, of the Codified Ordinances of the City of <br />Lakewood is hereby enacted to read as follows: <br />111.04 BIDDING. <br />(a) Contracts awarded by the Director of Public Works pursuant to Section 111.01(a), and <br />contracts awarded by the Mayor, the Director of Public Works, the Director of Finance, the <br />Director of Law, the Director of Planning and Development, the Director of Human Services, the <br />Director of Human Resources, or the Procurement Officer pursuant to Section 111.02(a), which <br />