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HomeMy Public PortalAbout06403 O R D I N A N C E NO. 6403 AN ORDINANCE, awarding a contract to National Union Fire Insurance Company (Lawton, Byrne, Bruner Insurance Agency Co., agent) for the District's Public Official Liability Insurance coverage from March 8, 1986 to March 7, 1987, with an emergency clause. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The National Union Fire Insurance Company, who submitted a quote for the District's Public Official Liability Insurance coverage at and for an annual premium of Forty Four Thousand Five Hundred Thirteen Dollars ($44,513.00) for such policy period, is hereby awarded the contract for such liability coverage from March 8, 1986 to March 7, 1987. 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 26, 1986.