Insurance (Contracts)_October to December 1979INSURANCE (Contracts) 46
Date
Memo ##7748, contract for valuable papers and 10/3/79
records insurance coverage on books, pamphlets,
maps, phonograph records, microfilm rolls, cata-
logues and shelf list cards of C.M.B. Library
system for a 3 yr term effective 10/15/79,
awarded,Lon Worth Crow Insurance Agency, with
second and third yr. renewals to be awarded at
option of City Mgr., dependent on re -rated
premiums. Bid amount: premium of $4,084.00 (1st
year's premium).
Memo #7749, fire, extended coverage, vandalism, 10/3/79
and malicious mischief on various buildings,
structures, and contents owned by C.M.B. for a
1 yr. term, effective 11/15/79, bid amount:
INSURANCE (Contracts)
(continued)
premium of $61,200.00. Awarded, Marsh &
McLennan Insurance Agency, Bi mr ingham Fire
Insurance Company.
47
Date
10/3/79
Memo #7768,Crime insurance for a 3 -yr. term 10/17/79
with option to renew, effective 11/5/79, bid
amount: $9,737.00 per yr. premium, awarded,
Adae & Hooper Insurance, Inc., through
Fidelity & Deposit Co. of Maryland.
Memo #7883, change in structure of coverage 12/5/79
of City's general liability policy. Initially,
change of 2nd, 3rd, and 4th coverage layers from
Occurrence to Aggregate basis, approved with