HomeMy WebLinkAboutM1992-297 - 11/03/1992Motions - 11/03/92
Motion approving the purchase of City property insurance in accordance with Bid
Invitation No. BI-0037-93 through W.L. Dinn and Company, Inc. at an estimated
annual premium of $222,355.08. These policies include blanket building and
contents, with a $250,000 deductible; excess flood insurance, with a $200,000
deductible; and electronic equipment policy, with a $5,000 deductible. The
deductible for blanket building and contents will be increased from $100,000 to
$250,000 with a reduction of $18,476.79 in premiums. Monies for these premiums
are available in the City's Self Insurance Fund.
M92-297