HomeMy WebLinkAboutReso 1974-7450
Form No. 312
Rev. 10-71
RESOLUTION NO. 7450
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ACCEPTING BIDS AND AWARDING CONTRACT FOR
COMPREHENSIVE PUBLIC LIABILITY AND PROPERTY DAMAGE
INSURANCE AND APPROPRIATING ADDITIONAL FUNDS
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the following three
at 9:00 a.m. on the 3rd day of
Council Chambers
of the City of Chula Vista for comprehensive public liability and
property damaqe insurance
bids were received and opened
September , 19~, in the
Plan I
Plan II
Primary and Excess
of 5 million com-
bined single limit
Primary and Excess
of 10 million com-
bined single limit
Imperial Insurance Co.
$51,925
$ 53,875
Harbor Insurance Co.
68,064
96,632
No Quote
Maryland Insurance Co.
103,076
and
WHEREAS, it has been recommended that said contract be awarded
to Imperial Insurance Co. with Creaser Price Agency for Plan II
who has assured the City that he is a licensed insurance company
ln the State of California and can produce an acceptable performance
bond.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the
City of Chula Vista does hereby accept said three bids, and does
hereby award the contract for said comprehensive and property damage insurance
to Imperial Insurance Co. with Creaser Price Agency for Plan II
to be completed in accordance with the specifications as approved by the
Director of Finance of the City of Chula Vista.
BE IT FURTHER RESOLVED that the sum of $7,925 be, and the same
is hereby appropriated from the unappropriated surplus of the General Fund
to supplement the amount contained in the 1974-75 budget for said purpose.
BE IT FURTHER RESOLVED that the Mayor
of the City of Chula Vista be, and he is hereby authorized and directed
to execute said contract for and on behalf of the City of Chula Vista.
Presented by
Approved as to form by
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ordon K. Grant, Director of
Finance
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY
OF CHULA VISTA, CALIFORNIA, this 10th
day of September
1974, by the following vote, to-wit:
AYE S : Counci lmen
Hobel, Hamilton, Hyde, Egdahl, Scott
NAYES: CounciZmen
None
ABSENT: Counci Zmen
None
ABSTAIN: Councilmen
None
~~.~~9
Mayor of the City of Chula Vista
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ATTEST ?VJt<J!/ .11 Y
/ Ci ty Clerk
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STATE OF CALIFORNIA
COUNTY OF SAN DIEGO SSe
CITY OF CHULA VISTA
l~ JENNIE Mo FULASZ~ City Cle.y'k of the City of Ch""lc: V'T:Bta~ CaZifoY'Ytia~
DO HEREBY CERTIFY that the above and fOY'egoing is a fuU~ tY"iAe and c:-l'reot copy of
and t;hat t;he 3a'Tie hc:s not been arnended or'
repealed.
DATED:
Ci ty Clerk
(SEAL)
CC-660
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