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1296ORDINANCE N0. AN ORDINANCE TO WAIVE COMPETITIVE BIDDING ESTABLISHING AN EMERGENCY AND FOR OTHER PURPOSES WHEREAS, Arkansas Statute 19-4425 allows waiving of competitive bidding in exceptional situations where such procedure is deemed not feasible or practical; and, WHEREAS, there are many items necessary for the City's use where competitive bidding is deemed not feasible or practical; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That competitive bidding be waived for the following item (s) to be used by the City, described as follows: Building Insurance for all City buildings. Competitive bidding is waived for the reasons that coverage under the present policy expires on August 15, 1987, and, further, this insurance coverage was bid in 1986 and it is not feasible to bid such insurance coverage each year. 2. Emergency Clause. It having been found and determined by the City Council of the City of West Memphis, Arkansas, that there is an urgent need by the City of West Memphis for the item (s) described above, an emergency is hereby declared to exist, and this Ordinance being necessary for the preservation of the public peace, health, safety and welfare of the Citizens of West Memphis, Arkansas, shall be in full force and effect from and after the date of its passage and approval. PASSED AND APPROVED this ~3nr,Q day of ATT CI ER ~ 19 ~'~ . SPONSO~ED BY