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ORDINANCE # 3 " '7 - 2 <br /> • <br /> AN ORDINANCE WAIVING THE REQUIREMENTS OF COMPETITIVE BIDDING ON <br /> THE PURCHASE OF INSURANCE, DECLARING AN EMERGENCY AND FOR OTHER <br /> PURPOSES. <br /> i <br /> WHEREAS, the City now has in effect certain insurance with <br /> WHITE RIVER INSURANCE AGENCY <br /> and the City Council finds that there will be a substantial <br /> savings by renewing said insurance policy rather than obtaining <br /> insurance from other companies; and <br /> f <br /> WHEREAS , in the past, the Batesville Insurance Association has <br /> submitted only one bid per year with the bid being exchanged <br /> from one insurance company to the other; and <br /> WHEREAS, the City Council finds that insurance cannot be purchased <br /> any cheaper and that the renewal will be at a savings which will <br /> be in the best interest of the City of Batesville and its citizens. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE <br /> CITY OF BATESVILLE, ARKANSAS, AS FOLLOWS : <br /> Section 1 : That pursuant to Ark. Stat. Ann. 9 19-4425 the <br /> requirements of competitive bidding are hereby waived in the <br /> . purchase of insurance for the City of Batesville. <br /> Section 2 : That the City Council finds that this is an <br /> exceptional situation warranting waiver of bidding due to the <br /> nonfeasibility and nonpracticality of bidding on such item. <br /> Section 3: EMERGENCY CLAUSE: That this ordinance would be in <br /> the best interest of the public ' s health, safety and general <br /> welfare and the timeliness of said purchase being of utmost <br /> importance and competitive bidding not being feasible and <br /> nonpractical and an emergency is hereby declared and this <br /> ordinance should be in full force and effect as of the date <br /> of its passage. <br /> ADOPTED this )2TP) day of 1983 . <br /> APPROVED: <br /> /ZxL I <br /> r <br /> Jim S irrell , Mayor <br /> ATTEST: <br /> Larry Wil iams, City Clerk <br />