Loading...
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. \; "~ 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, r!l~ City Clerk Q< ~ 4- {~~~/L'/ ~yo" "',," PcVi1 1. 6 - 8- 61