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Ordinance No. 6,361920924 -17 ORDINANCE NO. 6361 • AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, RENEWING THE CONTRACT WITH FIRST AGENCY AND CNA LLOYDS FOR PROPERTY COVERAGE FOR THE CITY OF BAYTOWN,; AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE AND ATTEST TO THE RENEWAL OF SAID CONTRACT WITH FIRST AGENCY AND CNA LLOYDS; AUTHORIZING PAYMENTS OF PREMIUMS PURSUANT TO THE TERMS OF SAID CONTRACT; AND PROVIDING THE EFFECTIVE DATE HEREOF. WHEREAS, the City Council of the City of Baytown, Texas, did authorize the Administration to advertise for bids to supply the City of Baytown with property insurance coverage for the City of Baytown, said bids to be received July 15, 1988; and WHEREAS, notice to bidders as to the time and place, when and where the contract would be let was published pursuant to the provisions of Section 74 of the Charter of the City of Baytown; and WHEREAS, all bids were opened and publicly read at City Hall at 2:00 p.m., Friday, July 15, 1988, as per published notice to bidders; NOW THEREFORE, WHEREAS, the selected agent has offered renewal rates which do not substantially vary for property coverages; NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby renews property coverages, including facilities, EDP, boiler and machinery, contractors equipment coverages, and tenant dwelling, with its contracted agent First Agency and current carrier CNA Lloyds. Section 2: That the Mayor and City Clerk are hereby authorized and directed to execute and attest to a contract with The First Agency and CNA Lloyds and the Director of Personnel is hereby authorized to make payments of premiums pursuant to the terms of said contract, said base premium being NINETY -SIX THOUSAND FIVE HUNDRED THIRTY -SIX AND N01100 ($96,536.00) DOLLARS. Section 3: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 24th day of September, 1992. BOBBY J C ILLE, Mayor • ATTEST: EILEEN.P...HALL, City Clerk ACID RANTREZ, SR. qty Attorney C:1:28:28 • - 2 - 920924 -17a