HomeMy WebLinkAbout1982-06-15; City Council; Resolution 6909.
1
2
3
4
5
6
7
E
s
IC
11
12
12
14
1:
1E
15
1E
15
2(
21
2:
2:
24
2E
2(
2:
21
RESOLUTION NO. 6909
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, AMENDING AGREEMENT WITH CAL-
SURANCE ASSOCIATES, INC. FOR INSURANCE BROKERAGE
SERVICES.
WHEREAS, the City has contracted with Cal-Surance Associ-
ates Inc. for insurance brokerage services for the placement and
purchase of insurance for the City; and
WHEREAS, said agreement provided that compensation for sai
services should not exceed 7% of total insurance premiums; and
WHEREAS, after negotiations the parties to said contract
have agreed that effective July 1, 1982 certain changes in compen-
sation are necessary;
NOW, THEREFORE BE IT RESOLVED by the City Council of the
City of Carlsbad, California as follows:
1. That Section 3 COMPENSATION of said agreement shall be
deleted in its entirety.
2. That effective July 1, 1982 the following paragraph
shall be substituted therefore:
Section 3
COMPENSATION
Insurance brokerage commissions or fees included in
premiums payable to BROKER shall not exceed the current commissio
rate payable by each insurer for like business, and subject to an
annual minimum of $7,500, shall in no event exceed Ten Thousand
Dollars ($10,000) in any twelve month period unless authorized in
advance by the CITY. BROKER shall, upon request, provide to the
CITY a full report and accounting of all commissions received.
Ill
Ill
Ill
///
1
2
3
4
5
6
7
8
9
1c
11
12
12
14
1:
1E
17
1E
15
2(
21
2:
2;
24
2:
2t
2’:
2t
PASSED, APPROVED AND ADOPTED at a regular meeting of the
City Council on the 15th day of June 1982
by the following vote, to wit:
AYE s :
NOES: None
Council Yfers Casler, Lewis, KulciZin and Chick
ABSENT: NOne
ATTEST:
1 , Mayor
( SEAL)
2