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HomeMy WebLinkAbout1990-10-16; City Council; Resolution 90-380# 1 2 3 4 e 0 RESOLUTION NO. 90-380 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE RENEWAL OF THE CITY’S PROPERTY INSURANCE COVERAGE 5 WHEREAS, The City has previously maintained property insurance coverage 6 7 8 9 10 11 desires to renew its insurance coverage with Zurich Insurance. for its assets; and WHEREAS, the City’s insurance broker has received quotations for .the continuation of that coverage; and WHEREAS, upon evaluation of the quotations for property insurance, the City 12 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of l3 11 Carlsbad, California, as follows: 14 15 I. That the above recitations are true and correct. le // 2. That the renewal of the City’s property insurance with Zurich Insurance 17 amount of $59,291 for the payment of the premium of said renewal. 18 is hereby approved and the Finance Director is authorized to issue a warrant in the 19 I 2o i 21 22 23 24 25 26 27 11 28 I I c 1 2 3 4 5 6 7 a 9 10 I1 12 13 14 15 16 17 18 19 I 20 21 22 23 24 25 26 27 28 0 0 PASSED, APPROVED AND ADOPTED at a Regular Meeting of th City Council of the City of Carlsbad on the 16th day of October . 1990, by th following vote, to wit: AYES: Council Members Lewis, Kulchin, Larson, Mamaux, a NOES: None ABSENT: None ATTEST: rk ~ //