HomeMy WebLinkAboutJUNE 8,1961
M I NUT E S
14:5378
CITY COUNCIL OF THE CITY OF ARCADIA
ADJOURNED REGULAR MEETING
JUNE 8, 1961
Pursuant to the order of adjournment of the regular meeting of the City Council
of June 6, 1961, the City Council of the City of Arcadia met in regular
adjourned session in the Council Chamber of the City Hall at 8:00 o'clock A.M.,
June 8, 1961.
lOLL CALL
NSURANCE
PRESENT:
ABSENT :
Councilmen Butterworth, Reibold, Phillips
Councilmen Camphouse, Balser
Purpose of the meeting being to consider the purchase of insurance as
recommended by the Insurance Committee, Mayor Pro Tempore Phillips discussed
phases of the report submitted by the Committee, Three proposals were
received; from Cass and Johansing, Huntington Associates and Kuhrts, Cox and
Brander.
On motion by Mayor Pro Tempore Phillips, seconded by Councilman Reibold, the
following recommendation was approved:
That a three year policy for General Liability, except auto, as per
specifications of the City be purchased from the Insurance Company of North
America in the principal amount of $1,000,000 for a three year prepaid premium
of $25,134,25 through the firm of Kuhrts, Cox and Brander,
That a one year policy for auto liability insurance as per specifications of
the City be purchased from the Insurance Company of North America in the
principal amount of $1,000,000 for an annual premium of $7,362.86 through the
firm of Kuhrts, Cox and Brander,
~\ That excess coverage for liabilities in the amount of $4,000,000 be purchased
\ I from Kuhrts, Cox and Brander for a gross chree year premium of $10,300.
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i/ ~ Motion carried on roll call vote as follows:
,or '--: AYES: Councilmen Butterworth, Reibold, Phillips
\x,d NOES: None
lIV' ABSENT: Councilmen Camphouse, Balser
Councilman Butterworth requested the City Clerk to have the minutes reflect
the fact that he voted "yes" in order to expedite the purchase of insurance
lNDEXED inasmuch as the present liability coverage expires at midnight on this date;
that he would prefer placing the insurance with Kuhrts, Cox and Brander for
one year and explore the possibility of placing the City's insurance with
local agencies.
I
Mayor Pro Tempore Phillips further moved that the City Council authorize the
transfer of $32,800 from Account No, 409,28 to Account No, 409,61. Councilman
Reibold seconded the motion which was carried on roll call vote as follows:
AYES: Councilmen Butterworth, Reibold, Phillips
NOES: None
ABSENT: Councilmen Camphouse, Balser
Mayor Pro Tempore Phillips advised that other insurance needs are being
studied,
At 8:55 A,M, Mayor Pro Tempore Phillips ordered the meeting adjourned,
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City Clerk
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