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HomeMy WebLinkAbout1993-10-05; City Council; Resolution 93-283r L 1 2 3 4 5 0 a RESOLUTION NO. 9 3 - 2 8 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE COMBINATION OF CITY PROPERTIES WITH CMWD PROPERTIES FOR INSURANCE PURPOSES, AND THE RENEWAL OF PROPERTY INSURANCE FOR CITY PROPERTIES ~ ~ WHEREAS, the City and the CMWD have previously maintained property 7 nd boiler and machinery insurance for assets; and I 8 WHEREAS, the City desires to combine City and CMWD properties for 9 Insurance purposes; and Io /I WHEREAS, the City has received quotations for the continuation of I.1 t overage from Cal-Surance and the California Municipal Insurance Authority; and 12 13 // WHEREAS, upon evaluation of the quotations for both property and boiler 14L nd machinery insurance, the City desires to renew its insurance through the California 15 unicipal Insurance Authority. I.6 I/ NOW, THEREFORE, be it resolved by the City Council of the City of I? If arlsbad, California, as follows: I.8 I 1. That the above recitations are true and correct. 19 I 2. That the renewal of City property insurance with CMWD property 20 3nancial Management Director is authorized to issue a warrant in the amount of $26,231 21 :.nsurance through the California Municipal Insurance Authority is hereby approved and the 22 23 24 25 26 27 .br the payment of the premiums of said renewals. I I I 28 4. I % /I 0 0 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City 2 vote, to wit: 3 Council of the City of Carlsbad on the 5th day of OCTOBER 1993, by the following 41 5 AYES: Council Members Lewis, Stanton, Kulchin, Finnila I I NOES: None 6 7 ABSENT: Council Member Nygaard 8 9 10 11 12 ATI'EST 13 AI,%kAUTEiNKRANZ, City Clerk 14 R. + 15 16 17 18 1 19 I 2o I 21 22 23 11 24 I 25 26 27 28 1