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HomeMy WebLinkAboutAccepting the types and limits of coverage as recommended by Corporate Policyholders Council, Inc. (2)Attest: RESOLUTION NO. 545 -77 Passed by the Common Council of the City of South Bend, Indiana Attest: January 24 19 77 Clerk President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana January 25 1977 City Clerk Approved and signed by me 19. Mayor RESOLUTION NO,, WHEREAS, the Board of Park Commissioners of the City of South Bend, Indiana did, on the 19th day of January, 1977, adopt a resolution accepting the Insurance Proposal of the Muszynski Insurance Agency, which resolution is as follows: RESOLUTION 110. 2, 1977 WHEREAS, the Board of Public Works of the City of South Bend, Indiana did, on the 5th and 12th day of November, 1976, advertise an invitation for Insurance Proposals for the City of South Bend, Indiana, and WHEREAS, Insurance Proposals received were opened by the Board of Public forks at its regular meeting held on December 20, 1976, and WTIEP.EAS, said proposals have been reviewed and the Board of Public Works is now ready to accent the low or best proposal; J L NOW, THEREFORE, BE IT RESOLVED by the Board of Park Commissioners of the City of South Bend, Indiana that they accept the types and limits of coverage as recommended by Corporate Policyholders Council, Inc. and the City Controller's Office and proposed by Muszynski Insurance Agency for Property Coverage, General Liability, Automobile Coverage, Workmen's Compensation, Catastrophe Excess, and all endorsements related thereto, as indicated in the Muszynski Insurance Agency proposal, ADOPTED THIS 19TIl BOARD OF PARE: CO112,11SSIONERS DAY OF JANUARY, 1977. s/ Richard J. Pfeil President ATTEST: s/ Robert C. Niezgodski Secretary NOW, THEREFORE, BE IT RESOLVED by the Common Council of South Bend, Indiana that the foregoing resolution of the Park Board be, and is, hereby approved by the Common Council„ 2 7 T em the Common Council FILED IN CLERK'S OFFICE Irene Gammon CITY CLERK, SOOTH BEND, IND, Peter H. Mullen Director, Administration and Finance ����pI.UTIpN� /c F CITY of SOUTH BEND a LLJ PETER J. NEMETH, Mayor Z COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 v /NDIANP Members of the Common Council 4th Floor, Council Chambers County City Building South Bend, Indiana Dear Council Members: January 19, 1977 Attached is a Resolution passed by the Board of Works on January 19, 1977, indicating our acceptance of the Aetna Insurance Company policy. This acceptance is contingent upon additional funding for the premium. If you approve this Resolution we will, at a later date, file an additional funding appropriation to cover the cost of'the additional premium. 219/284 -9742 Based upon Aetna's proposal, the premium difference would indicate an approximate amount of $393,000.00 which is spread out among all departments and utilities. The approximate amount that will be needed from the General Fund will be $189,000.00, with the remainder from the utilities and the Park Department. Further, it is necessary to point out that this new policy will give the City of South Bend about ten times more coverage in certain areas than we have had in the past. Your approval of this Resolution is requested. Sincerely, p'et" H'. Mullen Cont oller