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HomeMy WebLinkAbout1986-06-24; City Council; Resolution 86201 2 3 4 5 6 7 8 9 3.0 I1 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 8620 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA AUTHCRIZING RENEWAL OF THE CITY 'S EXCESS WORKERS COMPENSATION INSURANCE WHEREAS, the City's insurance brokers is obtaining quotations for excess workers' canpensation insurance; and WHEREAS, because of current conditions in the insurance market, all quotations may not be available until immediately prior to the renewal date; ard WHEREAS, upon evaluation of the quotations for excess workers canpensation, City desires to renew its insurance. 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 City Manager is hereby autbrized to enter into an agreement for renewal of the City's excess workers' canpensation insurance in accordance with the best tens available prior to the renewal date. PASSED, APRIOVED, AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad on the 24th , . day of June , 1986, by the following vote, to wit: AYES: Council Members Casler, Lewis, Kulchin, Chick and Pettine NOES: None ABSENT: None ATTEST: (SEAL)