RES NO 06-01-1995 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. -1995
A RESOLUTION ACCEPTING THE BID OF REBSAMEN INSURANCE COMPANY
ON PROPERTY INSURANCE FOR THE YEAR BEGINNING JUNE 25, 1995, AND ENDING
JUNE 25, 1996.
WHEREAS, The Mayor has advertised for bids on property insurance for
the year beginning June 25, 1995, and ending June 25, 1996,
as per attached bid information; and
WHEREAS, The following bids have been received:
FIRM PREMIUM COMPANY
Rebsamen Insurance 5,367.00 American States Co.
Bob Miller Insurance 5,831.00 Audubon Insurance Co.
Johnson, Moorman Russell, Inc. 10,800.00 American Insurance Co.
and,
WHEREAS, The Council feels that the bid of Rebsamen Insurance
Company is adequate:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
VAN BUREN, ARKANSAS:
THAT, The Bid of 5,367.00 Annual Premium with a Deductible
of 1,000.00 from Rebsamen Insurance Company
is 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 19TH DAY OF JUNE ,19 95
c SAY0i k
ATTESTED:
Ade _46
CIT CLERK -TREAS RER