R-393-59 RESOLUTION NO. 39.3
A RESOLUTION CREATING THE MIAMI SHORES
VILLAGE INSURANCE PLACEMENT BOARD.
WHEREAS, the insurance coverages required in the operation
of the government of Miami Shores Village have become complicated; and
WHEREAS, this Council feels that people experienced in the
insurance field could more advantageously handle the placement of policies
for such insurance coverages;
NOW, THEREFORE, BE IT RESOLVED BY MIAMI SHORES
VILLAGE:
Section 1. That there is hereby created "The Miami Shores
Village Insurance Placement Board" to be composed of not
less than four experienced insurance agents who are members
of the Greater Miami Insurance Board and the first Board
shall be Frank O. Pruitt, Sr., Julian B. Frix, Gordon Boulton
and Duke Reynolds.
Section Z. The duties of said Board shall be to determine
the amounts, coverages, types and kind, and to recommend
to the Council the placement of all Village insurance in
insurance companies having a rating in Best's Insurance Guide
of not less than A+, BBB, and who are members of the National
Board of Fire Underwriters or the National Bureau of Casualty
Underwriters.
PASSED AND ADOPTED this 3rd day of March, 1959
Maor
ATTEST:
Clerk