HomeMy WebLinkAboutCity Council Resolution 1986-178Pursuant to due call and notice theteof, a Specie„ meeting of the City
Council of the City of Plymouth, Minnesota was held on the 31st day
of March , 1986. The following members were present:
JGyor Schneider, Councilmembers Crain, Sisk, Vasiliou and Zitur
The following members were absent: none
Councilmember Vasiliou introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 86- 178
AWARDING THE CONTRACT FOR INSURANCE FOR THE 1986/1987 INSURANCE PROGRAM
WHEREAS, the City Council is aware of the problems besieging the insurance
industry; and
WHEREAS, effective at 12:00 Midnight on March 31, 1986 all current insurance
policies will expire; and
WHEREAS, the City has previously solicited quotes f -r the necessary iraurarce
coverages; and
WHEREAS, the City received a quotation from CNA Insurance Company at a cost of
$247,764 and a quotation from the League of Cities Insurance Tr,ist at a cost of
$273,344; and
WHEREAS, the City Council concurs with the reco".!ndation of the Finance
Director that the contract be awarded to CNA at a cost of $247,764 for the
coverages and limitations set forth in the Finauce Director's memo dated March
31, 1986;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, that the City Council award the contract for all insurance coverages
as indicated in the Finance Director's memo to CNA Insurance.
The motion for the adoption of the foregoing Resolution was duly seconded by
Mayor Schneider , and upon vote being taken thereon, the
following voted 77=r thereof: Mayor Schneider, Councilmembers Crain,
Sisk, Vasiliou and Zitur
The following voted against or abstained: none
Whereupon the Resolution was declared duly passed and adopted.
arrt +►yt* +e*