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HomeMy WebLinkAboutRES 187 Draft 02 1976-1980 OFFICE INFORMATION ONLY Meeting.- Action: Re: Resolution i j11- County C; Resolution G , WHEREAS, the County advertised for bids and received only one bid for a three-year fire insurance policy with $50, 000 deductible, which insures buildings and equipment against the perils of fire and extended coverage- WHEREAS, overage;W ER S, the annual premium of $33, 253 on valuations of $37, 931, 120 was evaluated and found to be acceptable; and WHEREAS, Sec tion. 10-11 of the Charter requires that any contract, lease or other obligation requiring payment of funds from appropriations of a later fiscal year be approved by resolution; NOW.. THEREFORE, be it resolved by the County Council of the County of Hawaii that the bid be accepted and fire insurance policy be purchased for the three-year period from November 1, 1977 to October 31, 1980 and that sufficient funds not exceeding $50,000 per year be provided to pay premiums for each of the three years® Dated at Hilo, Hawaii this day of , 1977. INTRODUCED Y: Aix/, Councilman, t of awaii COUNCILCOUNTY County of Hawaii AYES NOES A/E Dahlberg Hilo, Hawaii jO tTl l rl g I hereby certify that the foregoing RESOLUTION was by the vote indicated to Fujii the right hereof adopted by the COUNCIL of the County of Hawaii on. Garcia aah ara Lai ----------- ------------------------------------------------------------------- Sameshima 'ATTEST: Yamashiro Chr.Tajiri Reference: ....................... R.B. LEGASPI HARVEY S.TAJIRI ................................... . COUNTY CLERK CHAIRMAN & PRESIDING OFFICER M.B. No. ............................................................... RESOLUTION NO. 187 (Revised )