HomeMy Public PortalAbout02678 O R D I N A N C E NO. 2678
AN ORDINANCE awarding a contract to Lincoln National
Life Insurance Company (John J. Moore & Associates, agent) for the
District's employee benefit group insurance coverage from November
1, 1974 to November 1, 1975, with an emergency clause.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The Lincoln National Life Insurance
Company, who submitted the lowest responsive bid to the District
for the District's employee benefit group insurance of those bids
received and opened on August 30, 1974, at 10:00 a. m. at the
District's offices by the Secretary-Treasurer, at and for a
premium of Four Hundred Twenty-four Thousand Three Hundred Fifty
Dollars Sixty Cents ($424,350.60) for such policy period, is
hereby awarded the contract for such employee benefit group
insurance coverage.
Section Two. This Ordinance being for the award of a
contract for the District's employee benefit group insurance and
thus being necessary for the protection of the District's
employees, constitutes an emergency within the meaning of the
Plan, and this Ordinance shall be and become effective immediately
upon its adoption.
The foregoing Ordinance was adopted October 23, 1974.