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HomeMy WebLinkAboutR-73-0402MR/f 1 5/14/73 A 'l3toy '7PM 3:i2 RESOLUTION NO. /V A RESOLUTION ACCEPTING THE BID RECEIVED MAY 7, 1973 OF FOREMOST INSURANCE COMPANY FOR A 3-YEAR INSURANCE POLICY, PAYABLE ANNUALLY, FOR FURNISHING LIABILITY INSUR- ANCE FOR THE PERIOD JUNE 1, 1973 THROUGH MAY 31, 1976, AT AN ANNUAL COST OF $15,000; AND AUTHORIZING THE DIRECTOR OF FINANCE TO PLACE THIS INSURANCE COVERAGE. WHEREAS, bids were received on May 7, 1973 by the City Manager and City Clerk for furnishing liability insurance coverage for the period June 1, 1973 through May 31, 1976; and WHEREAS, the City Managers reports that the bid of FOREMOST INSURANCE COMPANY is the lowest and best bid (acceptable) and recommends that this bid be accepted; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. That the bid of FOREMOST INSURANCE COMPANY received May 7, 1973 for a 3-year insurance policy, payable annually, for liability insurance covering various City parks, playgrounds, swimming pools, dogs and horses, for the period June 1, 1973 through May 31, 1976, at an annual cost of $15,000.00, be and the same is hereby accepted. Section 2. The Director of Finance for the City of Miami is hereby authorized and directed to place this insurance coverage as described in Section 1 hereof. PASSED AND ADOPTED this AY day of , 1973. 1 ARED AND APP"OVE'' BY: Mon ague Rosenrg, Assistant City Attorney REVI D BY: j' J �, 7 John S. Lloyd, Assistant Di'ector V APPROVED AS TO FORM AND CORRECTNESS: Alan H. Rothstein, City Attorney