6547 RESOLUTION NO . 6 , 547
A RESOLUTION AUTHORIZING THE RENEWAL OF
THE CITY' S CONTRACT FOR PUBLIC OFFICIAL
LIABILITY INSURANCE FOR A PERIOD OF ONE
YEAR; AND FOR OTHER PURPOSES .
WHEREAS , the City has a policy for public official
liability insurance with Unimark McDonald , Inc . ; and
WHEREAS , Unimark McDonald, Inc. will charge the
same premium rates as the City is now paying for an additional
year ' s coverage ; and
WHEREAS , the policy provides $1 , 000 , 000 public liability
coverage annually; and
WHEREAS , the premium for the coverage is $21 , 268 . 00
with $6 , 478 . 00 paid by other agencies leaving a balance of
$14,520 . 00 to be paid by the City.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS :
SECTION 1 . The renewal of the contract with Unimark
McDonald, Inc. for public official liability insurance for a
period of one year is hereby authorized.
SECTION 2. This Resolution shall be in full force and
effect from and after its adoption and approval.
ADOPTED: April 7 , 1981
ATTEST: &Cf.) APPROVED: ///
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