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<br />Jl <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION <br /> <br />~I <br /> <br />\~~EREAS, the village council at a meetir~ helo April 16th authorized <br />the clerk to obtain bid or bids for certair: insurances, and <br /> <br />\7: iE EEAS , the clerl<: in resronse thereto solicited bids from various <br />insurance firllls, and <br /> <br />'1iJfEREaS, irt response thereto only one 'bid was submitted, to-wit, by <br />H. &.Val J. Rothschild, Incorporated, who bid $2;3.48 annual premium for <br />Compr ehensi ve Liabi Ii tyexcludir,g Products Liability and inc2uding .auto- <br />mobiles, with liDi ts of $100,000/$100,000 bodily injllry, $10,000 auto <br />property danage and $2.5,000 general prop; rty damage, and <br /> <br />lHEREi,S, in further~ponse thereto the said firm submitted a bid <br />for 'iiorkmen's Compe nsati on insurance based on its present municipal em- <br />ployees, excluding any construction workers, but inCluding all officers, <br />assessor, building inspector, road supervisor, who would come under Code <br />~41O with a rate Of 41~per $100.00 of annual lJayroll and minimum of <br />$12 .00 pr emium, and <br /> <br />'i\'IfEREAS, in further response thereto the saIre firm submitted a bid for <br />$.500.00 fire am extended coverage insurance on village equipment and <br />records while at 3401 N. Snelling "ve., st. .?aul 8, J,:inn., the clerk's <br />residence, and with a minimum premium of $.5..53 for a three-year term, and <br /> <br />WHEREAS, it was deem;, d advisable for the protection and best interests <br />of the village to bind the said insllrmlces beginning with April 28,19.51 <br />at noon, and <br /> <br />WHEREaS, all of said insurances are necessary for the protection and <br />best intHests of the village, <br /> <br />'lEEREIDRE BE IT RESOLVED: That the clerk forthwith convert the said <br />binders into policies retroactive to the binder date. <br /> <br />Passed by the council this 30th day of April, 19.51. <br /> <br />Herman J. <br /> <br /> <br />yor <br /> <br />, <br /> <br />K. Rex <br /> <br />'-----/ <br /> <br />- , <br /> <br />~------ <br />Clerk: <br />