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Insurance (Contracts)_September to November 1975INSURANCE (Contracts) 25 (cont'd) Date 90 day cancellation clause, $34,521 total Annual Installment Premium for a 3 yr term. 9/17/75 Memo #5287, Comprehensive General & Auto Li- 9/17/75 ability Ins. for 3 yrs (deferred from 9/3/75) awarded, Southern Underwriters, Inc. (for Con- solidated Mutual Ins. Co.) as best alternate bid. $573,500 Advance Annual Premium per yr. for 3 -yr term. Memo #5288, Umbrella Liability Ins. for 3 yrs, 9/17/75 awarded Southern Underwriters, Inc., (for Houston General and Midland Ins. Co.) as best alternate bid. $147,500 Advance Annual Pre- mium pr yr. for 3 -yr term. 1) Admin. to conduct INSURANCE (Contracts) 26 (cont'd) Date insurance study of City's Liability Ins. needs for presentation to Council no later than March, 1976. 2) Councilman Weinstein suggested that City Mgr. contact Co. Mgr. Goode to obtain co- operation of County's Insurance Divison so that City's Ins. Div. may consult them regarding methods of procedure, method of approach to in- surance coverage, etc., so that the City can benefit from their personnel and experience. 9/17/75 Memo #5338, insurance coverage for Library system books, phamplets, maps, phonograph records, microfilm rolls, catalog and self list cards, for 3 yrs, awarded Coleman -Ledbetter - 10/1/75 INSURANCE (Contracts) 27 (cont'd) Date Buchanan, Inc., representing The Insurance Co., of North America, at a total prepaid premium for a 3 -yr. term of $7,621.00. 10/1/75 Memo #5346, insurance on various city -owned buildings awarded, Southern Underwriters, Inc., representing Old Republic Ins. Co., total prepaid premium for 3 - yr term, $72,992.00. Memo #5380, All risk fine arts insurance cover- 11/5/75 ing Bass Museum. Alternate bid awarded to Murray M. Sheldon Inc., representing Underwriters at Lloyds of London; amount of coverage $7,057.100, with a $25,000 deductible per occurrence; $60,000 total prepaid premium for a 3 yr term including tax. 10/15/75