RES NO 06-04-1983 4-419%3
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. -1983
O A RESOLUTION ACCEPTING THE BID OF BOB MILLER INSURANCE AGENCY ON PROPERTY
INSURANCE FOR THE THREE YEAR PERIOD BEGINNING JUNE 25, 1983, AND ENDING
JUNE 25, 1986.
WHEREAS, The Mayor has advertised for bids on property insurance
for three years beginning June 25, 1983, and ending June
25, 1986, as per attached bid information; and
WHEREAS, The attached bids have been received; and
WHEREAS, The Council feels that the bid of Bob Miller Insurance
Agency is the best bid:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN
BUREN, ARKANSAS:
THAT, The following bid of $3,807.00 Annual Premium from
Bob Miller Insurance Agency 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 20th DAY OF June 19 83
.el
MAYOR
`ATTESTED:
-at _01..�9..�
C TY CLERK TREASURER
BOB MILLER INSURANCE AGENCY INC.
1505 E. MAIN P.O. DRAWER 'E' VAN BUREN, AR 72956
YOU(/ nAfy;:r
kwuouiAi.oeNT PHONE (501) 474 -8089
June 17, 1983
City of Van Buren
R. E. Bell, Mayor
Van Buren, Arkansas 72956
Re: Property Insurance Bid
Dear Mayor Bell:
We are pleased to offer our Quote on your bid specifications
for the City of Van Buren's property insurance:
$1,240,00Q Blanket Coverage
100 Deductible
ALL RISK COVERAGE
Cost: $3,807.00
Policy pericd 6 -25 -83 to 6 -25 -86 (three years), payable annually.
This is through the United States Fidelity Guaranty Company.
Cordially submitted,
BOB MILLER INSURANCE AGENCY, INC.
Bob Miller
HA:dt
1
PROPERTY INSURANCE
CITY OF' VAN B U R E N
COVERAGE LIMIT
Blanket Buildings
Contents per Statement
of Values 61,240,000
Perils:
All Risks
Co— Insurance %90
Deductible 8100
Policy to be issued for three years with annual premiums.
Rerated Annually.
1st Annual Installment 65,412
This is for illustration only. Refer to policy for details.
M 4
jj Johnson, Moorman, Russell Eden, Inc.
w-X..-7 Insurance Bonding
501/785.2912
K
M
R Johnson, Moorman, Russell Eden, Inc.
a Insurance Bonding
June 20, 1983
City of Van Buren
Van Buren, Arkansas 72956
Attn: Robert E. °Gene" Bell, Mayor
Re: Insurance Coverage for City of Van Buren
Dear Mayor Bell,
We submit the following quote for Property Insurance per your
specifications.
If we are the successful bidder, we will be happy to issue you a
binder effective June 25, 1983 to June 25, 1986.
If you have any questions, please feel free to contact me. You
may reach me at 785 -2912 or at home at 474 -6563.
Thank you for giving me the opportunity to quote the property
for the City of Van Buren.
Sincerely,
Johnson, Moorman, Russell Eden, Inc.
K ny Lewis
KL /rc
105 North 14th P.O. Box 1747 Fort Smith, Arkansas 72902 501/785 -2912
BID INFORMATION
PROPERTY INSURANCE n
CITY OF VAN BUREN ARKANSAS �J .0 �E� r"
PUBLIC INSTITUTIONAL PROPERTY
$100. DEDUCTIBLE ALL PERILS
ALL RISK COVERAGE
CURRENT
VALUES
ITEM# DESCRIPTION- LOCATION BLDG CONTS
0 1. ONE STORY,APPV. ROOF, SEMI -FIRE
RESISTIVE BLDG OCCUPIED AS CITY
COMPLEX, 921 BROADWAY, VAN BUREN,
AR. SER #22220 $578,000. $50,000.
2. ONE STORY, APPV ROOF, SEMI -FIRE
RESISTIVE BLDG OCCUPIED AS CITY
LIBRARY, 111 NO.12TH, VAN BUREN,
AR. SER #22225 297, 000. -00.0. v
3. ONE STORY, APPV ROOF, SEMI -FIRE 7
RESISTIVE BLDG OCCUPIED AS FIRE
STATION #1, 408 MOUNT VISTA AVE
VAN BUREN, AR SER #22205 100,000. 6,000.
4. ONE STORY, APPV ROOF, SEMI -FIRE
RESISTIVE BLDG OCCUPIED AS FIRE
STATION #2, 2821 BRYAN ROAD
VAN BUREN, AR SER #22210 66,000. -0-
5. ONE STORY, TILE ROOF, JOISTED
MASONRY BLDG OCCUPIED AS OFFICE
AND TOURIST CENTER, 803 -807 MAIN
VAN BUREN, AR CLASS RATE 98,000. -0-
6. ONE STORY, APPV ROOF, FRAME JM
BLDG OCCUPIED AS NUTRITLIION CENTER
607 KNOX, VAN BUREN, AR SER #5706 94,000. -0-
7. ONE STORY,STEEL BLDG. OCCUPIED
AS CITY STREET DEPT VEHICLE SHOP,
LOCATED ON CLYDE CATE ROAD,
VAN BUREN, AR CLASS RATE 74,000. -0-
TOTALS $1,307,000. $70, 000.
NEW TOTAL COVERAGE 907. OF $1,377,000. $1,240,000.
POLICY PERIOD JUNE 25, 1983 JUNE 25, 1986
3 YEAR POLICY WITH ANNUAL PREMIUMS
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