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HomeMy WebLinkAboutCity Council Resolution 1987-214rTTv nr w v�rru Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Plymouth, Minnesota, was held on the 3U h day of March . 1987. The following members were present: Mayor Schnei er, ouncilmembers rain , =isk, — Vasiliou and Zitur The following members were absent: Flune Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION NO. 87- 214 AWARDING THE CONTRACT FOR INSURANCE FOR THE 1987/1988 INSURANCE PROGRAM WHEREAS, effective at 12:00 Midnight on March 31, 1987 all current insurance policies will expire; and WHEREAS, the City has previously solicited quotations for the necessary insurance coverages; and WHEREAS, the City received a quotation from CNA Insurance Company and Kraus -Anderson Insurance Company at a cost of $260,799 and a quotation from the League of Minnesota Cities Insurance Trust and Kraus -Anderson Insurance at a cost of $170,325 for the coverages and limitations set forth in the Finance Director's memo dated March 30, 1987; 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 the League of Minnesota Cities Insurance Trust and Kraus -Anderson Insurance at a cost of $170,325. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Crain , and upon vote being taken thereon, t e following vote n favor thereof: ayor c Heider, Counciimembers Crain, Sisk, Vasiliou and Zitur e following voted against or abstained: n ne Whereupon the Resolution was declared duly passed and a opte