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RES NO 06-01-1998 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 1 1998 A RESOLUTION ACCEPTING THE BID OF REBSAMEN INSURANCE COMPANY ON PROPERTY INSURANCE FOR THE YEAR BEGINNING JUNE 25, 1998, AND ENDING JUNE 25, 1999. WHEREAS, The Mayor has advertised for bids on property insurance for the year beginning June 25, 1998, and ending June 25, 1999; and WHEREAS, The attached bids have been received and opened on the time and date advertised; and WHEREAS, The Council feels that the bid of Rebsamen Insurance Company is the best bid: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: THAT, The bid of $6,100.00 Annual Premium with a Deductible of $1,000.00 from Rebsamen Insurance Company i§ the best bid and is accepted. THAT, The Mayor is authorized and directed to pay for same out of the General Fund. PASSED AND APPROVED THIS 15TH DAY OF JUNE 1998 m Gir ‘cri. ATTESTED: CITY CLERK URR