HomeMy WebLinkAbout2017-06-13; City Council; Resolution 2017-101RESOLUTION NO. 2017-101
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, AUTHORIZING THE PURCHASE OF $25M OF EXCESS LIABILITY
COVERAGE THROUGH COUNTY SUPERVISORS ASSOCIATION OF CALIFORNIA
D.B.A CALIFORNIA STATE ASSOCIATION OF COUNTIES EXCESS INSURANCE
AUTHORITY (CSAC EIA) FOR FISCAL YEAR 2017-2018 IN AN AMOUNT NOT
TO EXCEED $403,000.00
EXHIBIT 1
WHEREAS, the City Council of the City of Carlsbad, California has a desire to purchase excess
liability coverage through County Supervisors Association of California dba California State Association
of Counties Excess Insurance Authority (CSAC EIA); and
WHEREAS, Alliant Insurance Services has negotiated the purchase of $25M of excess liability
coverage through CSAC EIA for the next fiscal year beginning on July 1,2017 and concluding on June
30,2018;and
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 purchase of $25M of excess liability coverage through the CSAC EIA, effective
July 1, 2017 to June 30, 2018, is hereby approved and the Administrative Services
Director is authorized to issue a warrant in an amount not to exceed $403,000 for
payment of the premium to CSAC EIA.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of
Carlsbad on the 13th day of June, 2017, by the following vote, to wit:
AYES: M. Hall, K. Blackburn, M. Schumacher, C. Schumacher, M. Packard
NOES: None.
ABSENT: None.
(SEAL)