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HomeMy WebLinkAbout1986-03-18; City Council; Resolution 84451 2 3 4 5 6 7 a 9 10 11 12 13 14 15 1t 1: lt 1: 2( 2: 2: 2: 24 2: 2t 2'; 2t RESOLUTION NO. 8445 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE TERMINATION OF EXCESS LIABILITY INSURANCE WHEREAS, the City has established a self-insurance program for liability insurance ; and WHEREAS, the City's Insurance Broker has received a quotation for excess liability insurance; and WHEREAS, upon evaluation of the quotation received, the City now desires to sel f - insur e this ex posur e. 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 termination of excess liability insurance coverage is approve and ratified. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council on th 18th day of March , 1986, by the follow vote, to wit: --- - AYES: Council Members Casler, Lewis, Kulchin, Chick and Pettine NOES: None ABSENT: None ATTEST: ALETM hJ5L- L. RAUTENKR Z, City Clerk