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HomeMy WebLinkAbout1996-06-04; City Council; Resolution 96-1901 2 3 4 5 6 7 8 g 10 I' 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 RESOLUTIONNO. 96-190 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE RENEWAL OF PROPERTY INSURANCE WHEREAS, the City has previously maintained property and boiler and machinery insurance for assets; and WHEREAS, the City has received quotations for the continuation of coverage from the Public Agency Risk Sharing Authority of California; and WHEREAS, upon evaluation of the quotations for both property and boiler and machinery insurance, the City desires to renew its insurance through the Public Agency Risk Sharing Authority of California. NOW, THEREFORE, be it resolved by the City Council of the City of Carlsbad, California, as follows: 1. 2. That the above recitations are true and correct. That the renewal of property insurance through the Public Agency Risk Sharing Authority of California is hereby approved and the Financial Management Director is authorized to issue a warrant in the amount of $43,094 for the payment of the premiums of said renewals. 1 I I I I v 1 2 3 4 5 6 7 8 9 10 11 12 15 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 e 0 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City 1996, by the following vote, Council of the City of Carlsbad on the 4th day of JUNE to wit: AYES: NOES: None ABSENT: Council Member Finnila Council Members Lewis, Nygaard, Kulchin, Hall ATTEST: 1 Q! - ALETHA L. RAUTEhZ, City Clerk