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RES NO 06-04-1990 (0 4 1990 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. I/ -1990 A RESOLUTION ACCEPTING THE BID OF THE MERRY COMPANY, INC. ON PROPERTY INSURANCE FOR THE YEAR BEGINNING JUNE 25, 1990, AND ENDING JUNE 25, 1991. WHEREAS, The Mayor has advertised for bids on property insurance for the year beginning June 25, 1990, and ending June 25, 1991, as per attached bid information; and WHEREAS, The following bids have been received: FIRM COMPANY AMOUNT Johnson, Moorman, Russell and Employers Mutual 4,750.00 Eden, Inc. The Merry Company, Inc. Crum and Forster 4,500.00 Insurance Intermediaries, Inc. Audubon 10,711.00 Bob Miller Insurance Houston General 5,343.00 and, WHEREAS, The Council feels that the Bid of The Merry Company, Inc. is adequate: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: THAT, The bid of $4,500.00, Annual Premium from The Merry Company, Inc. 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 18TH DAY OF JUNE 19 90 a fett. am iS YOR ATTESTED: �A CITY CLERK TREASURER