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HomeMy WebLinkAbout1998-07-07; City Council; Resolution 98-2140 0’ I. I/ RESOLUTION NO. 98-214 2 3 4 5 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING RENEWAL OF THE CITY’S EXCESS WORKERS‘ COMPENSATION INSURANCE WHEREAS, the City has established a self-insurance program for workers’ 6 /I compensation; and 7 8 9 WHEREAS, the City’s Insurance Broker has received a renewal quotation for Excess Workers’ Compensation Insurance coverage; and WHEREAS, upon evaluation of this quotation for excess insurance, the City 1o 11 desires to renew its insurance. California, as follows: 12 NOW, THEREFORE, BE IT RESOLVED by the City Council of Carlsbad, 13 14 1. That the above recitations are true and correct. 2. That the renewal of the City’s Excess Workers’ Compensation Insurance 15 to issue a warrant for the deposit premium of said renewal in the amount of $19,907. 16 coverage with Employers Reinsurance is hereby approved and the Finance Director is authorized 17 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City 18 Council of the City of Carlsbad on the 7th day of July 1998, by the following vote, to wit: 19 ABSENT: Council Member Nygaard 21 NOES: None 20 AYES: Council Members Lewis, Finnila, Kulchin and Hall 22 23 24 25 26 I ATTEST: 27 28 ~ I\&” ALETHA L. RAUTENKRPLNZ, City Clerd /ra .