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RESOLUTION NO. 13,578
A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
INTO A CONTRACT WITH AFFILIATED FM TO PROVIDE CITY
PROPERTY INSURANCE COVERAGE; AND FOR OTHER PURPOSES.
WHEREAS, the City of Little Rock owns a significant number of buildings from which City
operations are conducted; and,
WHEREAS, the City purchases insurance coverage to insure against loss and damage to City-owned
buildings, facilities and other properties; and,
WHEREAS, an RFP was issued for this coverage and two (2) formal responses were received and at
least nine (9) other companies were contacted but declined to bid; and,
WHEREAS, the proposal from Affiliated FM offers the best package of premium rates and
coverages and has the highest ratings from the various insurance agencies which do such ratings;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
OF LITTLE ROCK, ARKANSAS:
Section 1. The City Manager is authorized to enter into a contract with Affiliated FM to provide City
property insurance coverage for City-owned buildings and other properties for a twelve (12) -month
period effective October 1, 2012.
Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
resolution.
Section 3. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent
with the provisions of this resolution, are hereby repealed to the extent of such inconsistency.
ADOPTED: October 1, 2012.
ATTEST:
City Clerk
TO LEGAL FORM:
Thomas M. Carpenter, City A rney
APPROVED:
Mark Stodola, Mayor