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400 ... <br /> <br />TUESDAY, JUNE 26, 1990 <br /> <br />revisions to the City's Purchasing Manualwhichupdate the dollar <br />limits on small purchase orders, telephone bid requests and open <br />purchase orders. Mr. Brown explained that the limits had not been <br />altered since 1981 and the intention of the proposed change is to <br />adjust for inflation between 1981 and 1990 and to allow the Manual <br />to stay current for the next 2-5 years. In response to a question <br />by Councilman McClain, Mr. Brown stated that the changes are in <br />accordance with State law. <br /> <br /> Council heard a report from the City Manager on the cost of renewal <br /> of the City's insurance program. Mr. Brown reviewed a report from <br /> Mr..Dick Fisher, the City's Property and' Casualty Insurance <br /> Consultant, and recommended that the City renew its coverage with <br /> the current carrier, The New Hampshire Company. Upon motion, duly <br /> seconded and by unanimous vote, Council approved the proposed <br /> renewal with the proviso that the City be allowed to payup to <br /> $18,000 for an additional $1,000,000 Umbrella coverage. <br /> <br />Vice-Mayor Williams asked about the status of the request by Dean <br />Johnston to form a committee to study the quality of life and <br />economic opportunity in Martinsville. Mr. Brown reported that he <br />and the. Mayorhad met with Mr. Johnston and suggested that Mr. <br />Johnston form a private group to study the issue. <br /> <br />Vice-Mayor Williams questioned Mr. Brown about a "dump',.on Fayette <br />Street which he had previously brought to Mr. Brown's attention. <br /> <br /> <br />