HomeMy WebLinkAbout2017-06-13; City Council; Resolution 2017-102RESOLUTION NO. 2017-102
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, AUTHORIZING THE PURCHASE OF $1 BILLION OF PROPERTY
INSURANCE COVERAGE THROUGH ALLIANT INSURANCE SERVICES INC'S
ALLIANT PROPERTY INSURANCE PROGRAM (APIP) FOR FISCAL YEAR 2017-
2018 IN AN AMOUNT NOT TO EXCEED $164,051.04
EXHIBIT 1
WHEREAS, the City Council ofthe City of Carlsbad, California has a desire to renew its property
insurance through Alliant Insurance Services, Inc.'s Alliant Property Insurance Program (APIP); and
WHEREAS, Alliant Insurance Services has negotiated a renewal of $1 billion of property
insurance coverage for the next fiscal year beginning July 1, 2017 and concluding on June 30, 2018 for
an annual premium in an amount not to exceed $164,051.04; 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 $1 billion of property coverage through Alliant Property Insurance
Program, 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 $165,051.04 for payment of the premium to Alliant Insurance Services.
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)