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REGULAR !FETING <br />DECEMBER 20, 1976 <br />Gates Chevrolet Corporat0ii_, <br />Bid - One 1977 Chevrolet <br />Bid was signed by A. G. Irwin, <br />non -collusion affidavit was in <br />order and a bid bond was submitted. <br />$4,742.00 <br />Upon notion riade by Mr. Farrand, seconded and carried, the bids <br />were referred to the Bureau of Streets for review and recor_-miendation. <br />OPENING OF INSURANCE PROPOSALS <br />This being the date set for receiving proposals for City insurance <br />coverage, the Clerk tendered proofs of publication of notice in <br />the South Bend Tribune and the Tri-County News. The Board found <br />the published notice sufficient and received bids as set out <br />herein. The proposals, being volumnous and subject to interpretation, <br />the Board advised those attending the rzeeting that the proposals <br />would be'on file with the Board and available for inspection but <br />that only selected portions would be publically read to indicate <br />the nature and trend of the proposals. <br />Proposals submitted by: <br />Koehler Insurance Corporation <br />Employee Dishonest,T Quotation <br />$100,000 limit $1,365.00 per year <br />$250,000 limit $1,561.00 per year <br />Faithful Performance Bond <br />$100,000 limit <br />$250,000 limit <br />Comr_iercial Blanket Quotation: <br />$2,643.00 per year <br />$3,039.00 per year <br />Brunner, Cassady, Neeser Agency <br />Specifications on Properties Peal and Personnel <br />7. Premiums <br />To be indicated as follows: <br />$1000 $5000 $25,000 <br />Deduct Deduct Deduct <br />A. Annual Installment <br />or (Net) Preriium <br />Fire and Supplemental Not Avail. Not Avail. Not Avail. <br />All Risks', 108,113 106,254 981,072 <br />P. 54 Workmen's Compensation <br />Gross Premium $71,899 <br />Bodily injury, Personal Injury, and Property net <br />Damage $500,000 combined single limit $443,000 <br />Aetna Insurance Company <br />7. Premiums <br />To be indicated as follows: <br />$1000 $5000 $25,000 <br />Deduct Deduct Deduct <br />A. Annual`Installment <br />or (Net) Premium <br />Fire and Supplemental 82,583 79,001 65,059 <br />All --Risks 87,443 84,367 69,478 <br />P; 50 Worlmien's Compensation <br />Gross Premium $62,455 <br />Conprehensive General Liability Net <br />$1,000,000 combined single limit $166,130 <br />