HomeMy Public PortalAbout1990_06_13_R115LeesBurg in ~Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED June 13, 1990
90-115 ADOPTED June 13, 1990
AUTHORIMING THE EXECUTION OF CONTRACTS FOR PROPERTY AND
CASUALTY INSURANCE COVERAGES
WHEREAS, the Town of Leesburg issued a request for insurance proposals under the competitive
negotiation procedures of Leesburg's Procurement Regulations with the assistance of the town's insurance
consultant, Industrial Insurance Management Corporation on March 1, 1990; and
WHE~, six proposals from insurance agents were received on May 15, 1990, and analyzed by
the town's insurance consultant and a copy of their analysis and evaluation was provided to the Council
by a memorandum dated June 1, 1990; and
WHEREAS, the insurance consultant and director of finance recommend the I-lAllm,rk Insurance
Agency, Inc. of Alexandria for the package policy and auto fleet coverages, the Commonwealth of
Virginia's Division of Risk Management proposal for public OfficiAls and police professional liability
insurance coverages and the Hargrove Agency of Glen Allen, VA. for the airport operations coverage:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Vil~'nia as follows:
SECTION I. The manager is authorized and directed to execute contracts, on behalf of the town,
for the following.
A.
Bo
Co
Contract with I-l, ilm,~'k Insurance Agency, Inc. of Alexandria, VA. in the amount
$187,285 for the packsEe policy and auto fleet coverages.
Contract with the Commonwealth of Virginia's Division of Risk Management in the
amount of $19,599 for public officials and police professional liability insurance
coverages.
Contract with the Hargrove Insurance Agency of Glen Allen, VA. in the amount of
$5,655 for airport operations coverage.
SECTION H. Said contracts shall be executed on or after July 1, 1990, for coverage effective July
1, 1990, through June 30, 1991.
PASSED this 13th
Clerk of CoUncil /
day of June
Robert E. Sevil~ Mayor
Town of Leesburg
R:contracts