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CITY OF TdURTH OLP~i `I'GD <br />By /~ ., ~ ~ <br />I~~ULUTIOTa No. 61-49 <br />RL'SULU`l'IUN AUTHOI{i~ING THE BU.~.R.D OF CUNTiiUL TG Tt~ I'H,E <br />K '~ +UII~~;D TIME TU ANALYZE BIDS SUBMITTED FE3R THE li'U3NISIiING <br />OF TNSUHANCE TU TH~.~: CITY BUT ;NUT TU F~XCEk1D THII'L`I'Y DAYS, AND <br />CUNDITTUNJJ'D Uz'UN 'SHE T3.ETENTIUN OF PHESEfitT INSUT3ANCE CUVI;IIAGE <br />UNTTL AWARDING Ox' BIDS, ATTD DECLt~ITdG .tIN :~:RGr`~iCY <br />'r~lIEI3E~~S~ -the Director of Public Service has brought to Council's <br />attention, that one policy of insurance held by the City, expires March 7th, <br />the date hereof, and th,~,t as yet, the Board of Control has not had sufficient <br />time to study and analyze the recent bids submitted to said City for the <br />furnishing of insurance to the City pursuant to ads heretofore authorized <br />requesting bids thereon, anal <br />~~H:~1-iEAS, the Director of Public Service has advised Council thG3.t <br />the policy expiring March 7th, has been extended by the Carrier to t;he date <br />when new policies of insurance have been delivered to the City under contract <br />to be awarded by the Board of Control, and that other policies which may expire <br />in the interval of time required by the Board to make the award of a contract <br />for the furnishing of insurance, have or will be willing to extend sr~~id exis•tin~ <br />po1_ieies until such time that the City has been sati:~faetorily covered by new <br />contracts of insurance, and further, that th,e additional time that may be re- <br />quired to complete the study of the bids, caill not exceed thirty days, <br />NUGv, TTi;ft'EFU:'~t:r:, I3Z IT '~SULV.~D by the Council of the City of Nort.~ <br />Olmsted, State of Ghio: <br />Section l: 1'ha.t the Council does hereby approve of and grant tc <br />the Board of Control, additional time to analyze and award the contract or. <br />contracts for insurance to the City pursuant to bids heretofore furnished tc <br />the City fox such service, but which additional time shall not exceed thirty <br />days from the enactment of this T;esolution and further conditioned, that <br />existing policies be retained and coverage continued thereunder until new <br />contract or contracts for the reauired insurance have been entered into and <br />the City protected. <br />Section 2: 1~his esolutian is hereby declared ~to be an emergency <br />measure and such emergency exists by virtue of the necessity of establishing <br />the recognition by Council of the necessity of th.e additional time required by <br />the Board of Control to analyze the b:i.ds for the furnishing of bids to the {-%it~ <br />and awarding the contract or. contracts to the successful bidder or bidders ;fo~~ <br />the furnishing of the required insurance to the City as set forth in the specii'i- <br />catiors available to bidders when submitted February 28, 1961, to secure the <br />greatest benefit to the City, which additional time is estimated by the =5oard <br />of Control not to c~:ceed thirty days from the passage of this rzesolution. <br />Section j: t~1IILR:~FUi2L, this rlesolution shall take immediate ei`fect <br />from and after its passage, other~1~.se, at the eurl_iest I;er•iod allowed by law. <br />I'ASSiD: T~11~..RCH 7, 1961 <br />~~'i~~jT~r ~ , <br />~~~7 %. <br />Louise Hall, Clerk of Council BrueevMac:Dona.ld, President of Calzncil <br />~- /, <br />I'au1 J . Garc~au, Mayor <br />p''.~i r.: ~' ! _.. <br />