HomeMy WebLinkAbout1995-07-11; City Council; Resolution 95-195k
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RESOLUTION NO. 95-195
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA,
AUTHORIZING THE RENEWAL OF PROPERTY
INSURANCE
WHEREAS, the City has previously maintained property and boiler and
6 machinery insurance for assets; and
7 WHEREAS, the City has received quotations for the continuation of
8 coverage from the Public Agency Risk Sharing Authority of California; and
9 WHEREAS, upon evaluation of the quotations for both property and boil
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and machinery insurance, the City desires to renew its insurance through the Public Age]
Risk Sharing Authority of California.
I.2 I/ NOW, THEREFORE, be it resolved by the City Council of the City of
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Carlsbad, California, as follows:
1. That the above recitations are true and correct.
16 /I 2. That the renewal of property insurance through the Public Agency
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Risk Sharing Authority of California is hereby approved and the Financial Management
Director is authorized to issue a warrant in the amount of $40,840 for the payment of thl
19 I/ premiums of said renewals.
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-b I/ 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the Ci
2 Council of the City of Carlsbad on the 11 th day of JULY 1995, by the following
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vote, to wit:
AYES: Council Members Lewis, Kulchin, Finnila, Hall
NOES: None
ABSENT: Council Member Nygaard
ATTEST:
ALE'T€IA L. RAU
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