HomeMy WebLinkAbout1985-02-19; City Council; Resolution 79171
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RESOLUTION NO, 791 7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, AUTHORIZING PURCHASE OF
EXCESS LIABILITY INSURANCE.
WHEREAS, the City's Insurance Broker has received
quotations for excess liability insurance; and
WHEREAS, upon evaluation of the quotations received, the
City desires to renew coverage in the amount of $900,000 excess
over a $100,000 self insured retention ,
NOW, THEREFORE, BE IT RESOLVED by the City Council of
Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the City Manager is hereby authorized to execute
a Purchase Order for the purchase of the City's excess liability
insurance with Planet Insurance Company in the amount of $66,858.
PASSED, APPROVED AND ADOPTED at a regular meeting of the
City Council on the Igth day of ,1985, by the
Following vote, to wit:
AYES :
NOES: None
Co~.~~cil Members Casler, Lewis, Kulchin, Chick and Pettine
ABSENT: None
4TTEST:
(SEAL)