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HomeMy WebLinkAboutR-74-1080MC:eb 944944 4%/`V I�� RESOLUTION NO. 9 A RESOLUTION ACCEPTING THE BID RECEIVED PROM NORTH AMERICAN LIFE AND CASUALTY COMPANY ON SEPTEMBER 23, 1974, PROVIDING AN ACCIDENTAL DEATH INSURANCE IN THE AMOUNT OF $20,000.00 FOR CITY OF MIAMI EMPLOYEES FOR THE PERIOD FROM OCTOBER 1, 1974 THROUGH SEPTEMBER 30, 1975 AT AN ANNUAL PREMIUM OF $26,985.60 , WITH AN OPTION TO RENEW BY MUTUAL CONSENT OF BOTH PARTIES FOR AN ADDITIONAL TWO (2) YEARS: AND AUTHORIZING THE CITY MANAGER TO INSTRUCT THE PROPER CITY OFFICIALS TO IMPLEMENT THIS PROGRAM. WHEREAS, pursuant to Public Notice, sealed bids were received September 23, 1974 providing an accidental death insurance in the amount of $20,000.00 for City of Miami employees for the period from October 1, 1974 through Septem- ber 30, 1975, with an option to renew by mutual consent of both parties for an additional two (2) years; and WHEREAS, invitations were mailed to fifty-six potential suppliers and eight bids were received; and WHEREAS, the City Manager recommends that the award be made to NORTH AMERICAN LIFE AND CASUALTY COMPANY which is the most advantageous bid to the city; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The bid received from NORTH AMERICAN LIFE AND CASUALTY COMPANY on September 23, 1974, providing an accidental death insurance in the amount of $20,000.00 for City of Miami employees for the period from October 1, 1974 through September 30, 1975, with an option to renew by mutual consent of both parties for an additional two (2) years be, and is hereby, accepted at an annual premium -of $26,985.60. "`DLLtUi':!1vt°E: !TEfi NO. .' EX SEP 271974 7� REsululton r,t,. V-/a F Section 2. The City Manager be, and he is hereby, authorized to instruct the proper City Officials to implement this program. PASSED AND ADOPTED this 4,2, day 1974. PREPARED AND APPROVED BY: Mikele Carter Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: J; S. Lloyd ty Attorney