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HomeMy Public PortalAbout05904 O R D I N A N C E NO. 5904 AN ORDINANCE, awarding a contract to American Casualty Company (CNA Group) (Ricci Associates, Inc., agent) for the District's Boiler and Machinery Insurance coverage from March 1, 1985 to February 28, 1986, with an emergency clause. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The American Casualty Company (CNA Group), who submitted the lowest bid to the District for the District's Fiduciary Liability Insurance coverage, of those bids received and opened on February 21, 1985, at 11:00 A.M., at the District's office, at and for an annual premium of Four Thousand Two Hundred Eighty-three Dollars ($4,283.00) for such policy period, is hereby awarded the contract for such liability coverage from March 1, 1985 to February 28, 1986. Section Two. The insurance coverage as specified herein is necessary for the protection of the public welfare, and the contract for such coverage must be awarded without delay, thus creating an emergency within the meaning of the Plan. Accordingly, this ordinance shall take effect immediately upon its enactment. The foregoing Ordinance was adopted February 27, 1985.