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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 ~ // ;~~~7<:- 6kL~A~_{~-~ 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 ~ '1!r~ ATTEST ?VJt<J!/ .11 Y / Ci ty Clerk (/ 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 *? 1A{~)