11/21/1955-CC-Minutes-RegularThe City Council met in regular session on the above date
those presents were Mayor Wilson, Councilmen Tot-nson, Seely,
Spratt, and Acker. Cooper being absent,
Mr. Newberg of the Newberg Insurance Co. was a vistor
who gave the council his ideas and prices on increasing the
insures ce at the plant on the building, contents,and cooling
tower, and oil storage tanks. His cost for additional insurance
on these things was as foil st
6,000, increase on plant �- ®_®_m_® 21.84
9000000 tt /9 contents®_®__®�®_�®®®® 4h,6940
100000 tt rr Cooling Tower 32. 0
6,000. " Oil Storage Tfnks�®_ 1021 . 0
Less savings for five gears refund of 93. 2
Total cost for additional insurance for 5 years®
His three year plan on the same amount of insurance was
total cost d$335.10.
Warren�Easley insurance co. price for this additional
insurance fbr the remd,aning 25, -fears of the present policy
was $ 234.65.
The minutes of previous meeting was read and approved.
A motion by Spratt, seconded by Johnson for the City to
take this increase in insurance from Warren®Easley Insura ce
Co. at a cost for 251 months for $2311,65,
This makes total insurance on Plant 22,500.00, Contenbs,
175,000., Cooling tower S3,000., Oil storage tank 6,000.
This policy will be good until December 28, 1957.
The City will run an additional 100 ft. to serve residents
of U®hn Hughes, and Dave Eellers.for sewer lines.
Ross Anderson -was to put Christmas Lights up around
De c emb er 1, 1955
The parking of trucks along the East Side Park was discussed
by the council.
Delinquent accounts was gone over by the Council.
Motion to adjourn was 'made and seconded, motion carried.
E re aryl