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2001-477 O INANC SO erOS/- AN ORDiNANCE ACCEPTING COMPETITIVE SEALED PROPOSALS AND AWARDING A CONTRACT FOR THE PURCHASE OF MATERIAL, SUPPLIES OR SERVICES, PROVIDING FOR THE EXPENDITURE OF FUNDS AND PROVIDiNG AN EFFECTiVE DATE (RFSP 2766- EXCESS LIABILITY INSURANCE AWARDED TO NORTH RWER INSURANCE COMPANY iN THE AMOUNT OF $179,000 FOR A ONE YEAR CONTRACT PERIOD) WHEREAS, the City has solicited, received and evaluated competitive sealed proposals for the purchase of necessary materials, equipment, supplies or services in accordance with the procedure of State law and City ordmances, and WHEREAS, the City Manager or a designated employee has received and reviewed and recommended that the herein described proposals are the most advantageous to the City consldenng the relative importance of price and the other evaluation factors included in the request for proposals, 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 SECTION 1 The items in the following numbered request for proposal for materials, equipment, supplies or services, shown in the "Request Proposals" on file in the office of the Pumhaslng Agent, are hereby accepted and approved as being the most advantageous to the City conmdenng the relative importance of price and the other evaluation factors included in the request for proposals RFSP NUMBER CONTRACTOR AMOUNT 2766 North Raver Insurance Company $179,000 SECTION 2 By the acceptance and approval ofthe above numbered items ofthe submitted proposals, the City accepts the offer of the persons submitting the proposals 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 Proposal Invitations, Proposals, and related documents S \Our Docuraents\Ordmances\01\RFSP 2766 Excess Llablhty lnsmance doc SECTION 3 Should the C~ty and person submitting approved and accepted items and ofthe submitted proposals wash to enter into a formal written agreement as a result of the acceptance, approval, and awarding of the proposals, the C~ty Manager or h~s designated representative ~s hereby authorized to execute the written contract, provided that the written contract ~s m accordance wath the terms, conditions, spemficat~ons, standards, quantities and specified sums contmned m the Proposal and related documents hereto approved and accepted SECTION 4 By the acceptance and approval of the above numbered items of the submitted proposals, the City Council hereby authorizes the expenditure of funds therefore m the amount and in accordance with the approved proposals or pursuant to a written contract made pursuant thereto as authorized herein SECTION 5 This ordinance shall become effective immediately upon its passage and approval ASSED AND APPROVED thls the /~ dayof ~ff~tr~ ,2001 EOLINE BROOI~; MA~t~'OR ATTEST JENNER WALTERS, CIT~ SECRETARY 2 S \Our Doeuraents\Ordmanees\01\RFSP 2766 Excess Llablhty Insurance doc