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6/17/91 <br />RESOLUTION NO. 91- 53 <br />INTRODUCED BY: Mayor Carmen and Council as a Whole <br />A RESOLUTION <br />AUTHORIZING THE DIRECTOR OF FINANCE <br />TO MARE PAYMENT TO LOVE INSURI~NCE AGENCY, INC. <br />IN THE AMOUNT OF SEVEN THOUSAND T~alO HUNDRED <br />EIGHTY-SIIC DOLLARS ($7,286.00) FOR THE PURCHASE OF <br />A PROPERTY INSURANCE PACKAGE POLICY FROM <br />NORTHBROOR PROPERTY AND CASUALTY INSURANCE COMPANY <br />FOR THE PERIOD JULY 1, 1991, TO JUNE 30, 1992, AND <br />DECLARING AN EMERGENCY <br />BE IT RESOLVED BY THE COUNCIL OF HAYFIELD VILLAGE, OHIO, THAT: <br />SECTION 1. The Director of Finance is hereby authorized <br />and directed to pay to Love Insurance Agency, Inc. the sum of <br />Seven Thousand Two Hundred Eighty-Six Dollars ($7,286.00) for the <br />purchase of a property insurance package policy from Northbrook <br />Property and Casualty Insurance Company for the period July 1, <br />1991, to June 30, 1992, in accordance with the proposal for such <br />insurance made by Love Insurance Agency, Inc. <br />SECTION 2. The Council finds and determines that all <br />formal actions of this Council relating to the adoption of this <br />Resolution have been taken at open meetings of this Council; and <br />that deliberations of this Council and of its committees, <br />resulting in such formal action, took place in meetings open <br />to the public, in compliance with all statutory requirements <br />including the requirements of Section 121.22 of the Ohio Revised <br />Code. <br />SECTION 3. This Resolution is hereby declared to be an <br />emergency measure necessary for the immediate preservation of the <br />health, safety and welfare of the residents of Mayfield Village, <br />Ohio, for the reason that the insurance purchased herein is <br />necessary to protect municipal assets. It shall, therefore, take <br />effect immediately upon the passage by the affirmative vote <br />