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,.\ <br />`~ <br />i <br />Ordinance PTo. 32G <br />By lur. ~Ieiss <br />Al`T ORDIi~T_AiTCE ACCEPTIidG Th'E BID OF ALDRIDGE <br />IltSURATtCE SERVICE, . IIdC .. FOl~ TidSUt2A1`ICIi; OT~i THE <br />VILLAGE H1LLL, PULP F-IOUSE, ,A.11D COI~TE]1^S OF, <br />S.~ID BUILDIDIGS. <br />l~^ ,l\ <br />?"~711~RE.l~S, dLle advertisement has been published ix? accordance <br />vrith lativ, inviting bids for the sale of certain insurance policies to <br />the Village of A~ayfield, Ohio; and <br />";;'1~IEP~EAS, on the 21st day of July, 1949, Aldridge Insurance <br />Service, Tnc. duly filed its bid vrith tho Clerk, offering to have issued <br />policies of insurance hereina.ftor described and i11 accordance vrith said <br />advertisement; and <br />?r~7IiERLAS, said bid is the lotivest asad best bid received therefor. <br />1~TO~r'+T T_ ~ {FORE BtE 1T ORDAIA]ED BY THE COUI~TCIL OI' THE VILLAGE <br />OF i,~YFIELD, CUY1~Fi0GA COUNTY CHTO, THA1^.: _ . <br />Section 1, The bid of Aldridge Insurance Service, Inc, <br />filed vrith the Clerk under. date of July 21, 1949, offering to havo issued <br />to the Village of P~ayfield the following policies of insurance in the <br />General Insurance Cornpax~y of America, at •L-he rates hereinafter set forth, <br />be and the same hereby is accepted: <br />Fire insurance and extended coverage insurance on the <br />Toz~n Hall, including the fire station, in the ar~.ount <br />of y?35, 000,00, Vri.th an ~30~~ co-insurance clause for a <br />period of 5 years, for a total premium of X873.60; <br />Fire insurance v~.th extended coverage insurance, in the <br />amount of X2,000.00 on the contents of the Trnvn Hall, <br />including the fire station, v~*ith. asp B0~ co-insurance <br />clause for a period of 5 years for a. total premiLUn of 5}59,52 <br />~~ <br />Fire insurance •~rith extended coverage <br />the amount of 5500.00 on the Village <br />and in the amount of 521500.00 on the <br />Pump House,- vrith an SOjo co-insurance <br />period of 5 years, at s•~andard rates <br />the rating given the building by the <br />Bureau. <br />insurance in <br />Pump House <br />contents of the <br />clause, for a <br />to b e based or, <br />Ohio Inspoction <br />