HomeMy Public PortalAbout10788 O R D I N A N C E NO. 10788
AN ORDINANCE, awarding a contract to Kemper Indemnity Company
for the District's Overcharged Sewer Line Backup Insurance coverage from July 1,
2000 to June 30, 2001.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The Kemper Indemnity Company who submitted a
quote for the District's Overcharged Sewer Line Backup Insurance coverage, with
an annual aggregate limit of Ten Million Dollars ($10,000,000.00) which is in
excess of the first Five Million Dollars ($5,000,000.00) of claims, with a Two
Thousand Dollar ($2,000.00) limit per claim and a One Hundred Dollar ($100.00)
deductible per claim, at a premium of Three Hundred Ninety Thousand Dollars
($390,000.00) for such policy period, is hereby awarded the contract for such
insurance coverage from July 1, 2000 to June 30, 2001.
The foregoing Ordinance was adopted June 8, 2000 by the following vote –
Ayes – T.W. Purcell, M.G. Reichert, C.D. Seward, P.P. Finn, J.W. Siscel, and M.C.
Williams.
Nays – None.
Secretary-Treasurer