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HomeMy WebLinkAbout1996-09-10; City Council; Resolution 96-2931 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 e 0 RESOLUTION NO. 9 6 - 2 9 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA AUTHORIZING THE EXPENDITTZTRE OF FUNDS FOR SETTLEMENT OF THE FARMERS INSURANCE GROUP CLAIM WHEREAS, on recommendation of the City Attorney the City Council of the City ( Carlsbad, California has determined that a settlement of the Farmers Insurance Group property cla is in the public interest; and WHEREAS, there are sufficient funds available in the liability self-insurance reserv account to pay the settlement, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the City Council approves the settlement and authorizes the disbursement ( $7,360.43 from the liability self-insurance reserve account for the Farmers Insurance Group. 3. That the Property Damage Release is hereby approved. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the loth day of sept9996, by the following vote, to wit: AYES: Council Members Lewis, Nygaard, Kulchin, and Hall NOES: None ABSENT: COUnCil ATTEST: