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HomeMy WebLinkAboutR86-182144 RESOLUTION NO. R86-18~ A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY.OF PLAINVIEW, TEXAS ADJUSTING INSURANCE PROPERTY cOVERAGE FOR THE CITY OF PLAINVIEW- WHEREAS, the Plainview City Council recently renewed its insurance for property damage effective October 1, 1986; and WHEREAS, the City Council is of the opinion that it is in the best interest of the City to drop Broad Form 105 thus saving the City approximately $3,576.00 per year in insurance premiums; and WHEREAS, the City Council feels that the additional exposure to the City is at a minimum- NOW THEREFORE BE IT RESOLVED by the Mayor and the City Council of the City of Plainview, Texas that Broad Form 105 is hereby dropped from the property coverage effective October 1, 1986. PASSED AND APPROVED this the !lth day °f November, 1986. ATTEST: Secretary