3064 RESOLUTION NO. 3,064
A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF TWO
HUNDRED SEVENTY EIGHT AND 68/100 DOLLARS ($278 .68) TO SERVICE
FIRE INSURANCE COMPANY AS FULL COMPROMISE AND SETTLEMENT FOR
DAMAGES ARISING OUT OF AN ACCIDENT INVOLVING A CITY VEHICLE;
AND FOR OTHER PURPOSES .
WHEREAS, the City of Little Rock by Ordinance No. 10,949
established standards and procedures for the processing of personal
property damage claims made against the City of Little Rock, which
ordinance provided, among other things, that the City Manager would
have authority to settle and pay claims not exceeding One Hundred
Dollars ($100.00) ; and
WHEREAS, the claim of Service Fire Insurance Company exceeds
the One Hundred Dollar ($100.00) limitation; and
WHEREAS, the City Manager and City Attorney recommend that
said claim be settled for Two Hundred Seventy Eight and 68/100 Dol-
lars ($278 .68) ; and
WHEREAS, the Board of Directors desires to authorize payment
to Service Fire Insurance Company of the sum of Two Hundred Seventy
Eight and 68/100 Dollars ($278 .68) as full compromise and settlement
for its damages;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. There is hereby approved the expenditure of Two
Hundred Seventy Eight and 68/100 Dollars ($278 .68) to . ervice Fire
Insurance Company as full compromise and settlement for their subro-
gation claim arising out of an accident involving their insured, R.
C. Hutchinson, and a Sanitation Department Vohicle which occurred
on June 13, 1963, in the 4600 Block on Mablevale Road in the City of
Little Rock, Arkansas .
SECTION 2. The money paid pursuant to Section 1 of this
Resolution shall be charged to Account No. 5 .1 in accordance with
Section 6 of Ordinance No. 10,949 .
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SECTION 3 . The City Manager and Director of Finance are
hereby authorized and directed to execute the necessary warrant
in payment of the money approved in Section 1 hereinabove.
SECTION 4. This resolution shall be in full force and
effect from and after its adoption .
ADOPTED: September 16, 1963
ATTESeG APPROVED: 4;
City Clerk Mayor.