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RESOLUTION N0. 86-37 <br />INTRODUCED BY: Mayor Fred N. Carmen <br />A RESOLUTION AUTHORIZING THE MAYOR AND DIRECTOR OF <br />FINANCE TO PURCHASE FROM LOVE INSURANCE AGENCY A <br />POLICY OF AUTOMOBILE AND GENERAL LIABILITY <br />INSURANCE FOR THE PERIOD JULY 1, 1986 THROUGH JULY <br />l,. 1987 IN AN AMOUNT NOT TO EXCEED TWENTY SEVEN <br />THOUSAND SEV EN HUNDRED FORTY NINE DOLLARS <br />($27,7 49.00) AND DECL ARING AN EMERG ENCY. <br />BE IT ORDAINED BY THE COUNCIL OF MAYFIELD VILLAGE, OHIO, THAT: <br />Section l. The Mayor and Director of Finance are hereby <br />authorized and directed to purchase from Love Insurance Agency a <br />policy of automobile and qeneral liability insurance for the period <br />July 1, 1986 through July 1, 1987 in an amount not to exceed Twenty <br />Seven Thousand Seven Hundred Forty Nine Dollars ($27,749.00). <br />Section 2. That the Council finds and determines that all <br />formal actions of this Council relating to the adoption of this <br />Ordinance have been taken at open meetings of this Council; and that <br />deliberations of this Council and of its committees, resulting in such <br />f ormal action, took place in meetings open to the public, in <br />compliance with all statutory requirements including the requirements <br />of Section 121022 of the Ohio Revised Code. <br />Section 3. This Ordinance is hereby declared to be an <br />emergency measure necessary for the immediate preservation of the <br />health, safety and welfare of the resiclents of Mayfield Village for <br />the reason that the policy of insurance authorized herein is necessary <br />to protect assets of the municipality from damage claims. It shall <br />therefore take effect immediately upon passage by the affirmative vote <br />of not less than four (4) members elected to Council and roval by <br />the Mayor or otherwise at the earliest tim llowed b 1 w. <br />First Reading: 8/18/86 <br />Second Reading: Suspended <br />Third Reading: Suspended <br />PASSED: \ Augu 18, 1986? <br />APPROV ED° <br />,.rr,-lMayor <br />Fred N. Carmp <br />APPROV ED AS TO FO <br />Richgrd Etz1eY, <br />C. Feneli, <br />3 l ? -1) <br />Date <br />Director <br />ATTES T a /I Dorothy J. Martin, Acting Clerk of Council