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HomeMy WebLinkAboutOrdinance Book 18, Page 185, Ordinance Number 73-4-807185 i' ORDINANCE NO. 73-4-807 AN ORDINANCE AUTHORIZING TIME CITY MANAGER TO PURCHASE PROPERTY AND GENERAL LIABILITY INSURANCE FOR THE CITY OF PADUCAH, KENTUCKY, FOR THE YEAR 1973 WITH BRADSHAW & WEIL, INCORPORATED I WHEREAS, the present property and general liability insurance must now be renewed, and WHEREAS, the City of Paducah, Kentucky, must purchase a new policy and WHEREAS, Bradshaw & Weil, Incorporated has submitted the best proposal providing such coverage for the City of Paducah, Kentucky. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City Manager be, and he is hereby, authorized to purchase said property and general liability insurance from Bradshaw & Weil, Incorporated, for the year 1973, for a premium in the amount of $26,664.00 annually, providing however, that the aforesaid premium sum will be paid as follows: $15,893.00 by the City of Paducah, Kentucky 133.00 by McCracken County, Kentucky $10,638.00 by Forest Hills Public Housing Corporation. SECTION 2. An emergency is declared to exist and this ordinance shall therefore be introduced and remain on file for one week for public inspection in the completed form in which it shall be put upon its final passage, and if adopted shall be in full force and effect immediately thereafter. Mayor Protem 4_.✓ . Commissioner _Commissioner Introduced by the Board of Commissioners April 10, 1973 Passed by the Board of Commissioners April 17, 1973 Recorded by Sarah Thurman, City Clerk, April 17, 1973.