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HomeMy WebLinkAbout1992-07-14; City Council; Resolution 92-224II e 0 t 1 RESOLUTION NO. 92-224 2 3 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING RENEWAL OF THE CITY’S EXCESS WORKERS, COMPENSATION INSURANCE 5 11 WHEREAS, the City has established a self-insurance program for workers’ 6 IP ompensation; and 7 .I WHEREAS, the City’s Insurance Broker has received quotations for Excess 9 orkers’ Compensation Insurance coverage; and 10: I( WHEREAS, upon evaluation of these quotations for excess insurance, the I.1 IF ity desires to renew its insurance. l2I NOW, THEREFORE, BE IT RESOLVED by the City Council of Carlsbad, 13 1. That the above recitations are true and correct. 14 alifornia as follows: 15 11 2. That the renewal of the City’s Excess Workers’ Compensation l6 ibnsurance coverage with General Reinsurance and Fireman’s Fund is hereby approved and 17 i he Finance Director is authorized to issue a warrant for the deposit premium of said enewal in the amount of $39,358. 18 ~ I 19 I/ 20 21 22 23 24 25 26 I ~ ~ 27 I/ I 28 , I r 1 2 3 4 5 6 7 a 9 10 31 IC 13 14 15 16 17 3.8 19 20 21 22 23 24 25 26 27 28 t 1 1 0 0 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City COuncil of the city of Carlsbad on the 1 4 th day of JULY 1992, by the following vote, to wit: AYES: Council Members Lewis, Kulchin, and Stanton i NOES: ABSENT Council Members Larson, and Nygaard I /4/ I, Pk /,'. i/i f f''; / c/ Ji , r, ~ ,// 1 ; ,&?fld( L rT ( ) ?, //,//+ &AUDE A. LE~VISTMG~~ QTES?': - 4LE'lXA b41 L. RAUTENKRANZ, City Clerk 1 ~ 1 ~ 1 1