RES NO 06-01-2005 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 6 I -2005
A RESOLUTION REJECTING BIDS 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 lowest bid received was in the amount of $13,570.00; and
WHEREAS, The Arkansas Municipal League will provide insurance to the City
for $9,026.36; and
WHEREAS, The Arkansas Municipal League is exempted from the competitive
bidding requirement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF VAN BUREN, ARKANSAS.
THAT, All bids received are rejected and the Mayor is authorized to
contract with the Arkansas Municipal League for property
insurance in the amount of $9,026.36.
PASSED AND APPROVED THIS 0(0 DAY OF JUNE, 2005.
r I
MAYOR
ATTESTED:
.D Dit
CITY CLERK- TREASURER