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Resolution 01507RESOLUTION NO. 1507 RESOLUTION CALLING FOR BIDS ON LIABILITY INSURANCE. RE4S, the City Counoil of the City of Alameda is desirous of insuring said gainat any end ell liability of the city and its officers and employees or other authorized representatives arising out of injury and /or death of person or persona end /or property damage through governmental, administerial and /or proprietory interests, in- cluding all attaching coetCa introat, legal and / ©r other expenee, but specifically excluding liability arising out of operation, maintenance or use of motor and /or other vehicles and /or liability to employees under env compensation, plan or agreement; and WHEREAS, all proposals or bids shall be based on the specifi- cations herein adopted; and WHEREAS, the Gity Council reserves the right to select the kind or form of policy or policies submitted, and in determining who is the aponsible bidder, to take into ooneideration all the elements involved in the matter, and the judgment and determination of the City Council therein ahall be final and conclusive; and NHEREAS, each bid must be accompanied by a certified check on a responsible bank in a sum equal to ten per cent (10%) of the aggre- gate amount of the bid, payable to the City of Alameda, as a guarantee that the successful bidder will have executed and delivered to said City the required form of insurance policy, otherwise to be forfeited to the City of Alameda should he fail or refuse to do ao within fifteen (15) days the same has been awarded to him, the insurance premium to be pro- rated among the bona fide insurance agents in the City of Alameda, as follows, to wit, Forty per cent (40%) thereof to the suoeesaful'bidder, and the balance among the bone fide insurance agents of said City, the City Council to determine the Status of said agents in Said City of Al neda; and A all bids, Council reserves the right to reject any or RESOLED that Tuesday, the lat day of July, 1930, at the hour of 8:00 o'clock P.M., in the chambere of the City Council be, end the same are hereby fixed es the time and place for receiving sealed bide or proposals on said liability insuranoe and the Clerk of the Counoil le hereby direoted to give notioo accordingly, inviting sealed bids. IT IS FURTHER RESOLVED that the foregoing conditions be bo eidered the epecifioatione covering Laid liability insuranoe. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly introduced end adopted by the the Council of the City of Alameda in regular meeting assembled on the 17th day of June, 1930, by the following vote, to -wit: AYES: Councilmen Brodersen, Celoutt, Kenning and Latham, (4). NOES: None. ABSENT: President Schaefer, (1). IN TESTIMONY WHEREOF,I have hereunto set my hand and affix- ed the official seal of said city this 19th day of June, 1930. (Seal of the City of Alameda) W. B VARCOB Clerk of t e Alameda. I hereby certify that the foregoing 1s a full, true and correct oopy of " RESOLUTION NO. 1507 - RESOLUTION CALLING FOR BIAS ON LIABILITY INSURANCE ", passed by the Council of the City of Alameda in regular meeting assembled on the 17th day of June, 1930.