HomeMy WebLinkAbout1998-438ORDINANCE NO J Y
AN ORDINANCE ACCEPTING COMPETITIVE BIDS AND AWARDING AN INSURANCE
CONTRACT FOR LIFE INSURANCE, SUPPLEMENTAL LIFE INSURANCE, AND ACCIDENTAL
DEATH & DISMEMBERMENT, PROVIDING FOR THE EXPENDITURE OF FUNDS THEREFOR, AND
PROVIDING AN EFFECTIVE DATE (BID #2251 - LIFE INSURANCE, SUPPLEMENTAL LIFE
INSURANCE, AND ACCIDENTAL DEATH & DISMEMBERMENT TO RELIASTAR LIFE
INSURANCE COMPANY IN THE APPROXIMATE AMOUNT OF $100,500)
WHEREAS, the City has solicited, received and tabulated competitive bids for the purchase
of necessary materials, equipment, supplies or services in accordance with the procedures of STATE
law and City ordinances, and
WHEREAS, the City Manager or a designated employee has reviewed and recommended
that the herein described bids are the lowest responsible bids for the materials, equipment, supplies
or services as shown in the "Bid Proposals" submitted therefore, and
WHEREAS, the City Council has provided in the City Budget for the appropriation of funds
to be used for the purchase of the materials, equipment, supplies or services approved and accepted
herein, NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
SSECTION I That the numbered items in the following numbered bids for matenals,
equipment, supplies, or services, shown in the "Bid Proposals" attached hereto, are hereby accepted
and approved as being the lowest responsible bids for such items
►l hip _ ; � �
2251 ALL
RELIASTAR LIFE INSURANCE COMPANY EXHIBIT "A"
SECTION II That by the acceptance and approval of the above numbered items of the
submitted, bids, the City accepts the offer of the persons submitting the bids for such items and
agrees to purchase the materials, equipment, supplies or services in accordance with the terms,
specifications, standards, quantities and for the specified sums contained in the Bid Invitations, Bid
Proposals, and related documents
SECTION III That should the City and persons submitting approved and accepted items
and of the submitted bids wish to enter into a formal written agreement as a result of the acceptance,
approval, and awarding of the bids, the City Manager or his designated representative is hereby
authorized to execute the wntten contract which shall be attached hereto, provided that the written
contract is in accordance with the terms, conditions, specifications, standards, quantities and
specified turns contained in the Bid Proposal and related documents herein approved and accepted
SECTION IV That by the acceptance and approval of the above numbered items of the
submitted bids, the City Council hereby authorizes the expenditure of funds therefor in the amount
and in accordance with the approved bids or pursuant to a written contract made pursuant thereto as
authorized herein
SgCTION V That this ordinance shall become effective immediately upon its passage and
approval
PASSED AND APPROVED this' day of _LY/da , 1998
t/i�'eGw�-�-Q--_•
J I ILLER, MAYOR
ATTEST
JENNIFER WALTERS, CITY SECRETARY
APPROVED AS TO LEGAL FORM
HERBERT L PROUTY, CITY ATTORNEY
EXHIBIT "A"
TABULATION SHEET
BID #
2251
Employee
Accidental
BID NAME
Life Insurance, Supplemental
Life
Death & Dismemberment
Life Insurance, Accidental
Death & Dismemberment
DATE
17-Se •88
Reliastar
$0 130
02 3 yr guarantee
" Prices are guaranteed firm for 3 years