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RES NO 06-05-2006 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. (0^-.5 2006 A RESOLUTION ACCEPTING THE BID FOR INSURANCE AND AUTHORIZING THE MAYOR TO CONTRACT WITH THE ARKANSAS MUNICIPAL LEAGUE FOR PROPERTY INSURANCE. WHEREAS, The Mayor has advertised for bids of property insurance; and WHEREAS, Bids have been received and opened as advertised; and WHEREAS, The only bid received was in the amount of $9,392.20 from the Arkansas Municipal League. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS. THAT, The bid of the Arkansas Municipal League is reasonable and is hereby accepted. The Mayor is authorized to contract with the Arkansas Municipal League for property insurance in the amount of $9,392.20. PASSED AND APPROVED THIS 19 DAY OF JUNE, 2006. ofr MAYOR JOHN Y2JGGS ATTESTED: 1� I LULn. CITY CLERK TREASURER 0