HomeMy Public PortalAbout07636 O R D I N A N C E NO. 7636
AN ORDINANCE, awarding a contract to Lloyds of London
Insurance Company for the District's Excess Liability Insurance
coverage under the Owner Controlled Insurance Program during the
construction of the Bissell Point Secondary Treatment Improvements
at the Bissell Point Wastewater Treatment Plant in the City of St.
Louis, Missouri, from December 26, 1988 to August 31, 1993, with
an emergency clause.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The Lloyds of London Insurance Company,
who submitted a quote for the District's Excess Liability
insurance, at a premium of Eight Hundred Six Thousand Thirty-one
Dollars ($806,031.00) for such policy period, is hereby awarded
the contract for such Excess Liability insurance coverage from
December 26, 1988 to August 31, 1993.
Section Two. The provisions of the Clean Water Act of
the United States of America require that this project proceed
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 December 14, 1988.