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HomeMy WebLinkAboutR-83-0728-AJ-83-5?E, RESOLUTION NO. St 7~'' ' A RESOLUTION ACCEPTING THE BID OF KENNEY DRAPERY ASSOCIATES, INC. IN THE PROPOSED AMOUNT OF $374,000, BID "A" OF THE PROPOSAL, FOR CITY OF I1IIA.�II/UNIVERSITY OF MIAMI JAMMES L. KNIGHT INTERNATIONAL CENTER - STAGE RIGGING; WITH MONIES THEREFOR ALLOCATED FROM THE CITY OF MIAMI/UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER AND PARKING GARAGE ACCOUNT IN THE AMOUNT OF $374,000 TO COVER THE CONTRACT COST; ALLOCATING FROM SAID FUND THE AMOUNT OF $37,400 TO COVER THE COST OF PROJECT EXPENSE; ALLOCATING FROM SAID FUND THE AMOUNT OF $7,480 TO COVER THE COST OF SUCH ITEMS AS ADVERTISING, TESTING LABORATORIES, AND POSTAGE; AND AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT WITH SAID FIRM 1,1HEREAS, sealed bids were received July 11, 1983 for CITY OF MIAMI/UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER - STAGE RIGGING; and WHEREAS, the City Manager and the Director of the Department of Public Works recommend that the bid received from Kenney Drapery Associates, Inc., for Bid "A" of the proposal, be accepted as the lowest responsible and responsive bid; and WHEREAS, the Capital Improvements Appropriation Ordinance No. 9534, as amended, was adopted on December 9, 1982, and monies are available for the proposed amount of the contract, project expense, and incidentals from the account entitled "City of Miami/University of Miami James L. Knight International Center and Parking Garage", as set forth under Section X.B.1 of said ordinance; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: CITY COAq"jIS-�S— IpI'.J M E 'i:dG 1r J U L 2pp8 1983 RCSCILjlI, ; C7 '74, - - A FP,!".Rfi; 4 Section 1. The .July 11, 1983 bid of Kenney Drapery Associates, Inc., in the proposed amount of $374,000, for the project entitled CITY OF MIAMI/UNIVERSITY OF MIAMI JAMES L: KNIGHT INTERNATIONAL CENTER - STAGE RIGGING, for Did "A" of the proposal, based on lump sum prices, is hereby accepted at the price stated therein. Section 2. The amount of $374,000 is hereby allocated from the account entitled "City of Miami/ University of Miami James L. Knight International Center and Parking Garage" to cover the cost of said contract. Section 3. The additional amount of $37,400 is hereby allocated from the aforesaid fund to cover the cost of project expense. Section 4. The additional amount of $7,480 is hereby allocated from the aforesaid fund to cover the cost of such incidental items as advertising, testing laboratories, and postage. Section 5. The City Manager is hereby authorized to enter into a contract on behalf of The City of Miami with Kenney Drapery Associates, Inc. for CITY OF MIAMI/ UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER - STAGE RIGGING, Bid "A" of the proposal. PASSED AND ADOPTED this 28th day of Ju1y , 1983. ATTEST: City Clerk PREPARED AND APPROVED BY: Maurice A. Ferre M A Y 0 R APPROVED AS TO FORM AND CORRECTNEf 00, or Deputy City Attorney �CityAttorney - 2 - 83-728 -- A IND AWARD FACT SHEET 4 B-3148-Z -1a Pir The City .•'an e-r PEC_-1 N V.' "`" - -, CN CITY OF ;TIAMI/UNIVERSITY OF MIAMI, JAMES L. KNIGHT INTERNATIONAL CENTER - STAGE RIGGING FROJE., Supplying and installing the stage rigging and curtains for the Convention Hall and Universitv Auditorium. T_"." ER H=NATED C2717FUCTION C327 $330,000 DATE RIDS_ I sr D NU TBER OF a ' -s RF='.T D NAME OF LCW J_DT July 11, 1983 I Kgnney Drapery Assoc., Inc. AMOUNT OF Lam:'! AID $374, 000 TCT L FUNDS '' TO BE ALLOCATED FUNDS Cc: ..zt. 374,000 Project Expenoe: 37,400 Incidentals: 7,480 Total 5 418,880 LENOTH OF TIZE ALLOWED FOR CONnrP UCTI N 120 calendar days SO 7 CE OF FUNDS Convention Center and Parking Garage Revenue Bond Fund For: ?:•! ;�3�;: 1/��0 1 Prepared by: J. I{, Owsiak Date: 7/12/83 83--72E,- 4 0 #I CITY OF ,-IIAiNMI/UNIVERSITY 01' NIAMI JAi•MES L. KNIGHT INTERNATIONAL CE14TER - STAGE RIGGING JOB NO. 8-3148-Z-1a CONTRACTOR'S FACT SHEET I. KENNEY DRAPERY ASSOCIATES, INC. 1785 Broad Causewav North Miami, Florida 33181 Phone: 895-2224 II. Principals: President: Jim I. Belmont Vice President: Lillian Camp III. Contractor is properly licensed and insured IV. Subcontractors: none V. Experience: Since 1927 (new ownership in 1973) Sunrise :Musical Theatre, Ft. Lauderdale Renaissance Center, Detroit, ?Michigan Peachtree Plaza Hotel, Atlanta, Georgia City of Miami/University of Miami James L. Knight International Center (upholstered walls) U. S. Courthouse City of Miami/University of 'Miami James L. Knight International Center - Finishes & Millwork VI. A minority contractor (Approx.) $115,000 150,000 85,000 VII. 13 advertisements mailed out by certified mail 19 contractors picked up plans and specifications 9 contractors submitted bids 175,000 350,000 185,000 11/13/83 'S.3 , ti ,ii1 TABULATION OF SIDS F01:3 U. dd- B.d B.-d r) IJ6 I B�dJ" licensed S 131.e A - No P--f- 8 - No Aff"1­1 ol rvfll'aj C _ Corrected E.—s,.- D- PmPolcl U-9-d Corp E G I-P,opr, B,d Bond - fc Cher-,t AIC.4- B'd . - THAT 4 -- IT IS RECO Mr OJT of 4,p00 60 - A 0 r> •A -Ib ) w I L FLL,-To7 V,4 t, Bic) 8-', - t`13- 0 Howard V. Gary City Manager Donald 14. Cather Director of L4 ic [forks July 12, 1983 B-3148-Z-la CITY OF MIAMI/UNIVERSITY OF MIAMI JAMES L. KNIGHT INTER- NATIONAL CENTER - STAGE RIGGING Resolution Awarding Contract (For Commission Meeting of July 18, 1983) The Department of Public [forks recommends adoption of the resolution accepting the bid received July 11, 1983 of Kenney Drapery Associates, Inc. in the amount of $374,000.00;and authorizing the City Manager to enter into a contract on behalf of the City of Miami for CITY OF MIAMI/ UNIVERSITY OF MIAMI JAMES L. KNIGHT INTER- NATIONAL CENTER - STAGE RIGGING (BID "A"). Bids were received July 11, 1983 for supplying and installing the stage rigging and curtains for the Convention Hall and University Auditorium, located at 400 S.E. Second Avenue. As reflected in the tabulation of bids, the $374,000 bid of Kenney Drapery Associates, Inc. is the lowest responsible bid for Bid "A" of the proposal. Funds have been allocated under the "City of Miami/University of Miami James L. Knight International Center and Parking Garage Account" for the estimated amount of the contract, for project expense, and for such items as advertising, testing laboratories, and postage. Seventeen contractors picked up plans and specifications; six cg tractors submitted bids. The engineer's estimate was $330,000. JHO:az Resolution attached 83-726-A so CITY OF MIAMI. FLORIDA 74 INTEROFFICE MEMORANDUM TO Howard V. Gary City Manage FROM 'tan I P Pam - Project Director Conference Center DATE July 19, 1983 FILE B-3148••Z la SUBJECT City of Miami/University of Mir -Ld. James L. Knight International Center - Stage Rigging REFERENCES ENCLOSURES Three The Convention Center Stage Rigging project consists of two parts; stage rigging and curtains (Bid "A") and electrical work (Bid "B"). In order to clarify the misunderstanding regarding the electrical bids for the Electrical Work (Bid "B") on the stage rigging, enclosed are copies of the proposals received from the lowest and second lowest bidders for this work. Both bidders are minority contractors and are qualified to do the work. For further clarification, enclosed is a copy of the proposal from Kenney Drapery, the low bidder for the Stage Rigging (hardware & curtains). They are a local firm and will be using local labor and services on the project. All the other bidders were out of state and none were minority owned. In order to meet the City's commitment for the Convention Hall and to avoid further delay, it is essential that the Convention Center Stage Rigging be re -scheduled for the City Commission Meeting of July 28, 1983. cc: Donald W. Cather, Dir. Public Works Dept. C. Dean Hofineister, Exec. Director 83-72&-A ... .. - .. .... -.. �....:. ... .is. _. r, ..+•�°, ;•'!!. ,�* .. .-:11�,'+:v,"'+A�ts-'C�E•'k--`s'':?�4a �lrl�.:'Gnu+.�p+ffst•?$5d�.0'S"�`.'+11r'Y�ji'JL+�. _ -t:�. --`lei- JLL' :,L +�.\s _ 1�� ,, •a:.r„ ,�, f.y ,..1%''!� �r �"'�.r:�?'� .sJ V .. .. ... .v..._.... r.�...a...•.wr �: wr:�r .• ri .r ii. ....: wi'r.. .. -�.. ...... _ .. .rr ... �.. .%.L.. ....r,.�.i.�—• '�'1.:w.1. P 15 AL I,� i-m�w' COM'MISSI0N OF THE CITY DATED July 11, 1983 OF MIAMI, FLORIDA - SUBIMITTED BY Kenney Drapery Assoc., Inc. ADDRESS 1785 Broad Causeway North Miami, Florida 33181 CERTIFICATE OF COMPETENCY NO. N/A Gentlemen: The undersigned, as Bidder (herein used in the masculine singular, irrespective of actual gender and number) hereby declares that the only persons interested in this Proposal are named herein, that no other person has any interest in this Proposal, or in the Contract to which this Proposal pertains, that this Proposal is made without connection or arrangement with any other person and that this Proposal is in every respect fair, in good faith, and without collusion or fraud. The Bidder further declares that he has complied in every respect with all of the Instructions to Bidders, that he has read all addenda issued prior to the opening of Bids, and that he has satisfied himself fully relative to all matters and conditions with respect'to the work to which the Proposal pertains. The Bidder proposes and agrees, if this Proposal is accepted, to execute all appropriate Contract Documents for the purpose of establishing a formal contractural relationship between him and The•City of Miami, Florida, for the furnishing of all materials and the performance of all work to which this Pro— posal pertains. The Bidder further agrees to execute a Contract and furnish a satisfactory one hundred (100%) percent Performance Bond therefor within ten (10) consecutive calendar days after written notice being given by the Engineer of the award of the Contract. The Bidder certifies that this Bid is based upon all Items as shown on the Plans and/or listed in these Specifications, and that he has made no changes in these Contract Documents. The Bidder further declares that he has carefully inspected the site of the proposed work. Oft •. 83- 726 - A'- .. .'1•. .. r .. :~' 'lam %.l J.... ��e.r. - •. � . ._.. ..:4 �- .�^: +.. •.� ..; �§�' '+1+r'F 4 �-. �. ��.' �.•.• .. �: . . ..r kts..• :M'. i i�i!^� d�. Y'i�'�1[�•?��'i'•ti riF�rs°.�;•'1 r .. .... .... .. � w.•-i�.w�C" �»...:..F.'.�C.':3.: y . i�..'.�..A....L. ...: � w'�1:n..:. ...._`. t ... -. PROPOSAL • Page 2 B-3148-Z-1 THE BIDDER STATES THAT TIiIS PROPOSAL IS BASED UPON THE CONTRACT DOCU,•lENTS AND THAT HE ACKNOWLEDGES THE RECEIPT OF THE FOLLO1,•7ING ADDENDUM (a): ADDENDUM NO. I ADDENDUM NO. ADDENDUM NO. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * BID "A": The total of Items 1 and 2, based on the work covered by these items being substantially complete by November 30, 1983, thereby allowing the City to assume beneficial occupancy as per Division 1, 6.4, the sum of: $ 374 @od Bid "A" * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ITEM 1: For furnishing all labor, materials and equipment to supply, fabricate, and install stage rigging and curtains, for the Convention Hall and the University Auditorium at the City of Miami/University of Miami James L. Knight International Center, complete with all related work necessary to complete the work as shown in the Contract Drawings or as described in the Specifications, the lump sum of: Dollars and �On Cents $� / � Item 1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ITEM 2: Provisions for special items as noted in Division 2, Special Provisions, the lump sum of TEN THOUSAND DOLLARS AND NO CENTS. . . . . . . . . . . . . . . . $10, 000. 00 Item 2 -83- 728-; A •►"/QRi.tJjj vf�= may, i4YK'ab..•wr�RJ'�:�•-..IF�r t -� .. r�• � _ ,` � � � .. `^N. ., •,`SS.r.. ,. -.'M. y. "1�, ;!."•.f+J+�SK,.Y4.L)iy..l:.++4ii'#.•fY�_nf`�eriti$,-`:�v'+l�.�JC S'R-.fit �Si1:'Y ri �t}.:�"1^�. �. .�M _•�r.._.�i�^�•�,i.•l .i _,YSr�.`y:.n�-+�:4 [rr 1t4t{ •. .\✓>'rtM1lSf�YTat/V.12tf.1\�LY+i`.[F.—� rf..l :.. .. ��.. n .•-j\t!il if. BID "B": The total of Items 3 and 4, based on the work covered by these items being substantially complete by November 30, 1983, thereby allowing the City to assume beneficial occupancy as per Division 1, 6.4, the sum of: ITEM 3: For furnishing all labor, materials and equipment for the complete electrical work necessary to install the stage rigging at the City of Miami/University of Miami James L. Knight International Center, complete with all related work necessary to complete the work as shown in the Contract Drawings or as described in the Specifications, the lump sum of: Dollars and Cents ITEM 4: Provisions for special items as noted in Division 2, Special Provisions, the lump sum of FIVE THOUSAND DOLLARS AND NO CENTS. . . . . . . . . . . . . . . . . . PROPOSAL Page 2a B-3148-Z-1 Bid "B" Item 3 $ 5,000.00 Item 4 83-'726-A -, .,. .�,;!j'. e:':f."i�1K.�.. ...t.1i"r,+'t�i1011�11!"'�'��iir'i.0�'OlMl1���.S+�.hw:�.1..:^M'!Rri►.1'.?`.V.r.. n^v.r..: , ., i �+�•�•"�.w.+: :u,4 S. �s �. yy<y:.eCa. �.^+��. �"tv •.•7,7.:1 :!-^.1Kb�.2J r_. ��. >.. .�-� � t „y;r?''��RiY+a. °y`u^'r�.J�+ Y��.ai`w$$� a��E'i.�+. �:�.`%.•:� .:.. ��' :ats,1 q'. .�,: ".:r . , .. .� ... ... ..,<7e1aM4•esVafgeYr�a�uN�ieba utR , '�^ � "..1 :..(. ..� �.- �.- - PROPOSAL Page 2b B-3148-Z-L A contract will be awarded on the basis of Bid "A" or on the basis of Bid "B", or a contract will be awarded on the basis of both Bid "A" and Bid "B", whichever is in the best interest of the City, and depending on the availability of funds. STARTING AND CONSTRUCTION TI2%1ES : The bidder agrees to start work within ten (10) consecutive calendar days after date of written notice from the Engineer to begin work. The work may be started on any working day within this ten (10) consecutive calendar day period. The bidder shall complete the entire contract in accordance with the plans and specifications therefor within one hundred and twenty (120) calendar days, and this time is of the essence. The one hundred and twenty (120) calendar day period shall begin on the first working day after the above noted loth calendar day. Work associated with Additive Item shall be completed along with any work remaining on the entire contract within one hundred and twenty (120) calendar days, as outlined above. All work shall be in full and in complete accordance with all terms and conditions set forth in and covered by the contract documents. Should the Contractor fail to complete the work on or before the date specified, it is agreed that for each calendar day that any portion of the work shall remain uncompleted, after the time specified in the proposal, with any extension of time which may be allowed by the City for the completion of the work provided for in the contract documents, the sum per day, given in Division 2 - Special Provisions, shall be deducted from the monies due the contractor, not as a penalty but as liquidated damages and added expense for inspection. The names of any subcontractors and their current County -Municipal Occupational License numbers for the type of work shall be listed below. No change in subcontractors will be allowed without written approval of the Engineer. Subcontractors shall hold the license at the time of executing and during the performance of this contract. 83-726 -A 'd$`.�!24�C �.��•Si: c?f�,.:•,.:--�:.rip..nri�7•..:wyyc..t�x.sti'�^•a ,:•�1!:•`-t'��ire:.�l, �vfi..�A•r-.'•x.�.:r�y.S1r ..:"!k .,•. ..•�+.:�rN� ,+tS.ti. _... `-, �...+e�-.ir�?t�.._ .. .._ .. •.s� n;s .. -s'�. —� ��c ,1..�. "yi!'45�.dF3�3:1�'.,s�i��•�'!t+'•�'',�s�.�--.,..-,Jt r ..."..ice:... . ......- .. s... .. •. ... ... •.. .... _.... u��, ... • _..s ... ... • �u.Y �K�tr.Yt: M..wual rii.tr�rr-•�.ww�♦.�..: - _ .�i�► .. .Y.. �. �.. .. � .. .... •J�.J✓�.•i.0 'rw_•_ �w.u.♦.rf � w•. ..R+...'_. ..... a. •.r. •'+M+..... .r w.a.r_. ..+•...... ..w.... • PROPOSAL Page 3 BIDDER'S METROPOLITAN DADE COUNTY CERTIFICATE OF CO'NPET.ENCY No. N/A BIDDER'S COUNTY-11UZiICIPAL OCCUPATIONAL LICENSE 'No. 042475-4 BIDDER' S I.3SURrANCL EXPIRATION DATE 1 1 / 19 /8 3 Attached hereto is a certified check on the Band: of or a Bid Bond furnished by Union Indemnity Insurance Co. Bonding Company represented by Frank B. Hall, Robert E. Hershaw (Insurance Agent for the sum of Twenty Five Thousand Dollars ($ 25,000.00 ) made payable to The City of Viani, F1, The fill! nar^.es and addresses of persons and firms interested in the foregoing Bid, as Principals, are as follows: Jim I. Belmont,•635 West 23rd Street, New York, NY 10011 Lillian Camp, 2135 Keystone Blvd., North Miami, FL 33181 Robert Camp, 2135 Keystone Blvd., North Miami, FL 33181 SUBMITTED BY KENNEY DRAPERY ASSOCIATES, INC. Name of Firm or Corporation 1785 Broad Causeway (Address of Firm or Corporation North Miami Florida 33181 City State Zip 895-2224 Minority Owned Yes Te ep one No. (See Ord. 9530 No X preceding Div. 2 in Specs for .definition) t i re Title Si.g atur° Tit e (CORPOPa TE SEAL) 83-'72E -A -iah�UWY.rieti Jti'.+.,r.a�il.:-•r..hr,�t.�?..�.a+.-, .��f... ... .. .. .•.�•'` � _ ie�M!eirxa..�:re~I.�JF?�i6�Y;��:+=�.r�-�s-:� •-`.-�,?.- _=;;y`.- :.y:•�-x.-; .. . , :;..• �-= B I D Sta..of r_-1�a > B 0 N D �• - • y; �`� n; ETEN S' "• Kenney Drapery �E.l�. uT L 1•:L. ,: ...+, l.i.c...+ ASSOC InC , 1785 Broad Causeway, North Miami, FL 331.81 a-Z Princ_;a_, Union- Indemnity Ins. Co., 260 Madison Ave., NY, NY 100M 5Ur , 11_':ly '".GunC u::,:o The City Oe t•e_c::ii, in t::? e._.1 of TWENTY FIVE THOUSAND and 00/100 Dollars (S 25,000.00 ) la:.fsl mc&"ey of the United States, for the Fa--t of •,•:r.__:. sum ­e_1 and truly to be made, we bind �oLIT`Sely2S, Cu_ heirs, e:.=cutors , a:^inistr-"ors and successors, jointly and S_•r�"?? lJ' J fi - ml, b-! these presents . T E CG;:7i'_G:1 0= T: lS O�Llr:.^1G : IS SUC :, that ir'^ereas t Pr_-nc__ _l has sub^;tted the accomnany_nkc- bi , date,. July 11 , 1983 , for: Bid No. B-3148-Z-1 140:;, T _FORE: (a) if the principal •shall not withdra:•j said bid within sixty (60) days after date of opening the same, and shall within ten (10) days after the prescribed forms are presented to him for si;�rature, enter into a ,,mitten contract tivrith the City, in accordance with the bid as accepted, and give bond•aith good and sufficient surety or sureties, as may be required, for the faithful performance and proper fulfillment of such contract; or, (b) in the evert of the withdrawal of said bid within the period specified, or the failure to enter into such contract and give such bcnd within the tine specified, if the principal shall pay the City thr: difference bett•reen the amount spec ied in J41d 1�iCi and the amount for which the City may procure the required work- and supplies, if the latter amount be in excess of the former, then the above obliSation shall .. 'o.. "'44a!'.tii5i: ..c••y-'. .: �i+'��s }:._. . ..._�. i.�;:.�_�.>._.t� ...a-f �j„ rs!.�, 5 �1­ 'i A:.'0.l.YO✓:4•'.i.' ,s�y,.,,y rt - ..:...,:. a. y.-' . : r� r G ,n.e «+s*+j' ay..,-..tW1e_ r,..�... .rw+.., - •a_ i.�.•--ye.•>,.�� ,. s. ,..:: rs. _t. W'"":•;..;�:._ .-y.r,�iatnfn�'^:Y:�.o�"t=:i:. :-.'yr -rRT fS'iF{ 7^.,tiy_c y�y y3iv�`A3Lx'<:t�..+.tr. •.''w."�'-'."rmc+. ,i5f s r.'�':....�.�• :�. .:_ice✓= f.•.. -.. =� _ .. '. :M .. -.. _ _ . :.... _ . .. .... _:..... _. ... .. .n.�w ... .. _ .. .... _ .... ... — ... .. ... .. ... ..... _ . . �.� ... ..• .... a arL:h<..a.u.lit.i.•..._...—..��wi�.�"ii►�..��_��i.i- "V. . _ .. .. ... .. .. _ J �.. ♦.... ti • � M+... �+r..� ... �. watt ....w.._ ......•.ry rw.. ... 1 Pi.� � .iJ Pa3 of 4 Frank B. Hall, Robert E. Hershaw CName of L; L,...A-gincy 1 2600 Douglas Road, Coral Gables, FL 3313 A :..._ 44,8-2211 _ of on _ _ $ 12.00 zer f% hot Tc=='_ a::=nt of Pre'=_... char -,es $ 300.00 by, Ccrcora to Sure . ) C7a= .v- L T Robert Camp the Secretary n .�,. z. cra.-- y ....`ram l � the _ o_ t�. Cam. _ _ �_ n named as Pr_.. _. _ i^ �.. _n b Lillian Camp c saw~`c 'he sa_c bcnd on behalf of he Principal, was then Executive Vice President of said co:-C'_^at_C. ; that I knc:•1 his siErnature, and s_` ._,ur he--_ _.o is genuine; and that said bond aas duly s_- ._ , sealed _-A attested for and in be'-alf of said corccration b;,: au:.^or_fzy of its governing body. �cr ctary . ST.-"-.TE OF FLORIDA ) CO'.::iTY OF DADS ) SS CITY OF MIAMI ) Before me, a Notary Public duly commisnionc!d, qualified and acting, personally appearcd Rosalie A. Moresco to ne well kno,..;n, who bein- b;; rr.e firot duly sr:or:i upon oath, 83-728i -A :: r�r•• .. ... ;'�..'�r_k': �.►1F••, _ ram- :...�:,..: .a.w 4.•.. �.. : �:e ; . t•K•. .. .. -.'` . .. _..._ ti:r•� :-'ie s.'li:�'.c�'s;n�..::.+'�)...i�'�e",'•�,fwi.?rY�'R•""''C:"..a. .. ,cwr�,,�t �' L ryy :sCt:aJlr! --.vn::+vty; :..�h ,j.:::n . ,. •r;• �.-'`y'r. GC � •� �.�fa�?�7fy4�-�Y�'XwX•' a♦�-�:•1... .:`�_'!Li a!'�'�-. �a�,-:.3¢i.'.o,'1����.. •vrc.:., eirn: ..e... _ . ..... � � < �.i,�,.'�� ��!+F�'!�_ '�T�� �. 1i1�1i5�17���'! •�'r;M' •... .. v.. .. .».� •�..•.4:Mr+.\N.:.r�w�.i•��:�A�.Yii.�._ -re��.' _��t:�f ii=� �3S�:tr� _ w� _,yyu,h"i�.'Y/w�:. i�l .rr • w�rr• rr...•..• ». r+�..w.�. .Hr wr. • :•.M..� .... ...r-..••.... r•..�.rr.-. .�. .• .-,. ... ... .» .. *Limon iiluernilliy ansuranci Company of Now York Executive Offices ' 260 "Aaditmn Avrnue New York, N.Y. 10016 FINANCIAL STATEMENT as of DECEMBER 31, 1982 Aaaetn Llabllllles Bonds & Short Term Investments $29,755,849 Reserve for Losses and Loss Expenses $16,62.9,Eel,j Cash and Bank Deposits 2.759.115 Reserve for Unea ned Premiums - 8,191,751 Agents Balances or Uncollected Premiums 5,264,787 Reserve for Expenses, Taxes Licenses Funds Held by Reinsured Companies 264,416 and Fees 870,360 Reinsurable Recoverah!e on Loss Payments 4.631,287 Federal and Foreign Income Taxes 1,250,CC:1 Reinsurable Balances Receivable 3,907.436 Reserve for Unauthorized Reinsurance 783,911 Interest, Dividends and Real Estate Excess Statutory Reserves 1,266•E.3 Income Due and Accrued 336.976 Funds Held Under Reinsurance Treaties 8,920,3U6 Other Admitted Assets 421.423 Other Liabilities 90.534 Capital Stock 2,500,0C) Surplus 6,827,9.:E• TOTAL POLICYHOLDERS' SURPLUS $9.327,9' 6 TOTAL LIABILITIES AND TOTAL ASSETS $47.341.289 POLICYHOLDERS' SURPLUS $47.341,289 Bonds are valued in accordance with Amortized Value CERTIFICATE JUL C 7 G33 Richard L. Boyle, Assistant Secretary, and Joseph J. Jaworski, Comptroller of the Union Indemnity Insurance Company of New York being duly sworn, each for himself disposes and says that they are the above described officers of the said Company and that on the 31 st day of December, 1982, the Company was actually possessed of the assets set forth in the foregoing statement and that such assets were available for the payment of losses and claims and held for the protection of its policyholders and creditors, except as hereinbefore indicated, and that the foregoing statement is a correct exhibit of such assets and liabilities of the said company on the 3151 day of December, 1982 according to the best of their information, knowledge and belief, respectively. .49611,111cr co` y SEALion 4 ahVe9� t • ~�� Assistant Secretary STATE OF NEWYORK I COUNTY OF NEW YORK 1 IS.: JUL O 7 1�8� �� T '� On this day of 10_before me canes NOTARY • J 1 Comptroller tM above named officery of Union Indo niry Insurance Company of New . MARIE T. BAUER York to me perwnal,y known to be who indwidusis and officers dowribed + is&11C Notary Public, State of Now York heroin, and acknooM No. 0192500 wiped that they executed tM forpdrp imtrt+rnent a+ld � and affixed the M*I of Nd corpora{ion thereto by authority of their office. �y of etc At► Qualified ini New York County 8.2 Co��=' I �.es�3A,85