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HomeMy Public PortalAbout11272 O R D I N A N C E NO. 11272 AN ORDINANCE, awarding a contract to Royal/Sun Alliance for the District’s Combined Liability Program coverage from July 1, 2002 to June 30, 2003, with an emergency clause BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. Royal/Sun Alliance submitted a quote for the Combined Liability Program, with an annual aggregate and per occurrence limit of Five Million Dollars ($5,000,000.00 per occurrence with a Nine Million Dollar ($9,000,000.00) General Aggregate and a One Hundred Thousand Dollar ($100,000.00) deductible per claim, except auto coverage is first dollar, at a premium of Four Hundred Fifty-one Thousand Six Hundred Ninety-one Dollars ($451,691.00) for such policy period, is hereby awarded the contract for such insurance coverage from July 1, 2002 to June 30, 2003. Section Two. The insurance coverage as herein awarded is essential for the operation of the District and for the protection of the public; and must be extended without delay, thus creating an emergency within the meaning of the Charter of the District. Accordingly, this ordinance shall take effect immediately upon its enactment. The Foregoing Ordinance was adopted June 26, 2002 by the following vote- Ayes – T.W. Purcell, M.G. Reichert, A.J. Soukenik, C.D. Seward, and M.C. Williams. Nays – None. Secretary-Treasurer