RES NO 06-02-2003 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. b) -2003
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 for property insurance; and
WHEREAS, Bids have been received and opened as advertised; and
WHEREAS, The lowest bid received was in the amount of $27,512.00; and
WHEREAS, The Arkansas Municipal League will provide insurance to the City
for $9,350.25; 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 $9,350.25.
PASSED AND APPROVED THIS 1 b DAY OF JUNE, 2003.
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M OR 4
ATTESTED:
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CITY CLERK TREASURER