14871
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~ ORDINANCE NO. 14 S`7
AN ORDINANCE TO WAIVE COMPETITIVE BIDDING ON PROPERTY
CASUALTY INSURANCE FOR ALL CITY OWNED BUILDINGS,
DECLARING AN BMERGENCY AND FOR OTHER PURPOSES.
WHEREAS, Arkansas Code Annotated Section 14-58-303
allows waiving of competitive bidding in exceptional
situations where such procedure is deemed not feasible or
practical; and
WHEREAS, the City of West Memphis is in need of
renewing property casualty insurance for all city owned
buildings; said insurance to be purchased for a yearly
premium of $15,930.00; and
WHEREAS, it would not be feasible or practical to
conduct competitive bidding for such services;
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
services to be used by the City, described as follows:
Property casualty insurance for all city owned buildings to
be purchased at a yearly premium of $15,930.00.
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 to renew property casualty insurance on all city
owned buildings and that it is not feasible or practical to
conduct competitive bidding for such services and that time
is of the essence, an emergency is hereby declared to
exist, and this Ordinance being necessary for the
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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 thi s ~~ day o f ~ 6vs'~" ~
1991.
ATTEST:
GRAFT, ~L`~y ~"~rk
~~
.UN-~--
ITH M. INGRAM, yor
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