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HomeMy WebLinkAboutReso 1965-3799•r'orm ivo. 31~ RESOLUTION N0. 3799 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING BIDS AND AWARDING CONTRACT FOR FIRE INSURANCE FOR THE CITY OF CHULA VISTA ARID AUTHORIZING THE MAYOR TO EXECUTE SAME c~~s-~ The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the following Eiaht bids were received and opened at 11:00 a.m. on the 19th day of 19 65 , at the City Hall of the City of Chula Vista for fire insurance for certain real property of the City o•f Chula Vista: Plan I Plan II Phan III Charter Oak Fire Ins. $.2.,3:46.93 1,982.18 1,764.14 Annual 10,559.94 8','884.70 7,907..38 5 year General Ins. Company of 3, 13.00 -o- 2,770.00 Annual America 15,601.00 -o- 12,365.00 5 year Superior Risk Insurance -o- -o- -o- Annual Company 16,965.14 16,445.79 -o- 5 year Gulf Insurance Company 2,942.00 2,696..00 1,805.00 Annual -o- -o- -o- 5 year Royal Globe Insurance -o- -o- -o- Annual Company 17,828.00 16,648.00 13,911.00 5 year American Motorists -o- -o- -o- Annual Insurance 18,055.00 16,69'5.00 16,570.-00 5 year New Hampshire Insurance 2,711.00 -o- 2,223.00 Annual Company 12,625.00 -o- 10.,352.00 5'year Farmers Insuranee Company 2,923.14 2,631..34 2.,398.86 Annual 14,615.70 13,156.70 11,994..30 5 year and WHEREAS, the Finance Officer of the City of Chula Vista has recommended that the contract for said fire insurance be awarded to the low bidder, Charter Oak Fire Insurance Company , and WHEREAS, the low bidder, Charter Oak Fire Insurance Company, has assured the Finance Officer that he is a duly licensed insurance broker in the State of California, and that he can produce an acceptable performance bond. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that the said g bids be, and they are hereby accepted. BE IT FURTHER RESOLVED that the contract for said fire insurance according to the specifications as approved by the Finance Officer be, and it is hereby awarded to Charter Oak Fire Insurance Co~anv and that said fire insurance Form No. 312 Page 2 shall be completed on or before the N/A day following the acceptance of bid and awarding of contract. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute same for and on behalf of said City. Presented by Gordon Grant, Finance Officer Approved as to form by George D. Lindberg, City Attorney -2- ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, this ZotMay of July , 19 65 , by the following vote, to-wit: AYES: COUNCILMEN McAllister, Anderson, McCorquodale, Sparling, McMains NAYES COUNCILMEN None ABSENT: COUNCILMEN None Mayor of the City of Chula Vista ATTEST ~-~~~u~'~-~~ City Clerk ~ ~r STATE OF CALIFORNIA l COUNTY OF S,4N DIEGO } ss. CITY OF•GHULA VISTA ))) I, KENNETH P. CAMPBELL, City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of and that the same has not been amended or repealed. DA City Clerk CC 652