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1353ORDINANCE N0. ~ 353 AN ORDINANCE TO WAIVE COMPETITIVE BIDDING AND ESTABLISHING AN EMERGENCY WHF~2EAS, Arkansas Code 14-58-303 allows waiving of competitive bidding in exceptional situations where this procedure is deemed not feasible or practical; and, WHEREAS, it is not feasible to change insurance carriers each year; and WHEREAS, the City of West Memphis insured several claims during the previous year; N0~^], `1'HE~Zg'ORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEi^~HIS,ARKANSAS: 1. That competitive bidding be waived for the purchase of insurance coverage on City owned buildings. Policy coverage will be .from. August 15, 1988 to August 15, 1989. 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 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. PASSID AND APPROVID THIS ~~ day of - ^ 1988. MAYOR `~',,R ~, ;;. . r~ 4~~. r`,~ V' ~~ J;''~` VV a ~"`'~ Yv ~Q Ve ~-~ PuG ~~ ~o~ t