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HomeMy WebLinkAboutR-74-0476Met eh td 1I4674 MI.N!i S P RESOLUT ON NO. ' 7Af A RESOLUTION ACCEPTING THE BID Off' ROYAL GLOBE INSURANCE COMPANIES, LOCAL AGENT BALDWIN INSURANCE AGENCY, INC 6 , TO PROVIDE INSURANCE COVERAGE FOR THE EMPLOYEE FIDELITY, MONEY AND SECURITIES INSURANCE FOR THE CITY OF MIAMI FOR A 3-YEAR PERIOD, AT A TOTAL COST OF $6,971.00; AND AUTHDRIZING THE CITY MANAGER TO INSTRUCT THE PROPER OFFICIALS TO MAKE PAYMENT OF THIS AMOUNT AFTER FIRST HAVING DETERMINED THAT FUNDS BUDGETED FOR THIS PURPOSE ARE AVAILABLE. WHEREAS, pursuant to Public Notice, sealed bids were received May 20, 1974, to provide insurance coverage for the Employee Fidelity, Money and Securities Insurance for the City of Miami for a 3-year period; and WHEREAS, notices were sent to 66 licensed agents and 11 bids were received; and WHEREAS, the City Manager recommends that the bid of Royal Globe Insurance Companies, local agent Baldwin Insurance Agency, Inc., be accepted in the amount of $6,971.00 for a 3-year premium; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. That the bid of Royal Globe Insurance Companies be, and the same is hereby accepted at a total cost of $6,971.00 for a 3-year period. Section 2. That the City Manager be authorized to instruct the proper officials to make payment of this amount after first having determined that funds budgeted for this 1-41#111e urpose are available. PASSED AND ADOPTED this / 3 day of , 1974. PREPARED AND APPROVED BY: Mike1e Carter Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: ohn S. Lloyd City Attorney "DOCUMENT INDEX ITEM CITY COMMISSION MEL i tin . t:F JUN 13 1974 RE$owfib tics K