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HomeMy WebLinkAbout1997-07-08; City Council; Resolution 97-527# c I/ 0 w Exhibit 1 1 RESOLUTIONNO. 97-527 2 3 4 5 6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING RENEWAL OF THE CITY'S EXCESS WORKERS' COMPENSATION INSURANCE WHEREAS, the City has established a self-insurance program for workers' compensation; and 7 WHEREAS, the City's Insurance Broker has received a renewal quotation for a Excess Workers' Compensation Insurance coverage; and 9 WHEREAS, upon evaluation of this quotation for excess insurance, the City lo II desires to renew its insurance. I1 12 to issue a warrant for the deposit premium of said renewal in the amount of $24,429. 16 coverage with Employers Reinsurance is hereby approved and the Finance Director is authorized 15 2. That the renewal of the City's Excess Workers' Compensation Insurance 14 1. That the above recitations are true and correct. 13 California, as follows: NOW, THEREFORE, BE IT RESOLVED by the City Council of Carlsbad, 17 18 I I 19 21 I 2o I I I 22 I 23 I 24 I 25 I 26 27 28 < e w 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City 2 Council of the City of Carlsbad on the 8th day of July 1997, by the following vote, to wit: 3 NOES: None 4 AYES: Council Members Lewis, Finnila, Nygaard, Kulchin, and Hz 5 6 7 8 9 ABSENT: None 10 11 12 13 14 ATTEST: ALETHA L. RAU 15 16 17 18 19 2o i 21 22 23 24 25 26 27 28