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HomeMy WebLinkAbout4013 RESOLUTION NO. 4,013 A RESOLUTION AWARDING A CONTRACT FOR THE CALENDAR YEAR 1968 FOR HOSPITALIZATION INSURANCE FOR CITY EMPLOYEES; AUTHORIZING PAYMENT OF PREMIUM; AND FOR OTHER PURPOSES . WHEREAS, invitation to bid was duly advertised and bids received pursuant thereto for hospitalization insurance coverage for City employees in accordance with the specifica- tions on file in the office of the Purchasing Agent all in accordance with law; and WHEREAS, the lowest responsible and responsive bid received for said insurance coverage is that of Washington National Insurance Company and it is the desire of the Board of Directors to award a contract for the calendar year 1968 to said bidder for said insurance coverage. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. A contract for hospitalization insurance for City employees in accordance with specifications and bid proposal on file in the office of the Purchasing Agent is hereby awarded to Washington National Insurance Company for the calendar year 1968 at a monthly premium per employee covered of Six and 79/100 Dollars ($6. 79) . SECTION 2. Terms and conditions regarding payment of the premium due under this agreement and other related provisions are to be subsequently agreed upon by and between the City and Washington National Insurance Company and shall become effective upon approval by the Board of Directors. SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: June 17, 1968 ATTEST: L i .A: 'l• .3 s J APPROVED: City Clerk Mayor