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HomeMy WebLinkAbout1997-08-05; City Council; Resolution 97-554, I/ e 0 t 1 2 3 4 RESOLUTION NO. 97-554 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE RENEWAL OF PROPERTY INSURANCE 5 11 WHEREAS, the City has previously maintained property and boiler and 6 7 machinery insurance for assets; and WHEREAS, the City has received quotations for the continuation of a 9 coverage from the Public Agency Risk Sharing Authority of California; and 10 WHEREAS, upon evaluation of the quotations for both property and boiler 11 Agency Risk Sharing Authority of California. l2 and machinery insurance, the City desires to renew its insurance through the Public 13 14 15 16 NOW, THEREFORE, be it resolved by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 17 2. That the renewal of property insurance through the Public Agency 18 Director is authorized to issue a warrant in the amount of $38,375 for the payment of the 19 Risk Sharing Authority of California is hereby approved and the Financial Management 20 21 22 23 24 25 premiums of said I I 1 I renewals. 26 27 1 28 , I( e e 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City 2 3 4 5 6 Council of the city of Carlsbad on the 5th day of AUGUST 1997, by the following vote, to wit: AYES: Council Members Lewis, Finnila, Nygaard, Kulchin, Hall NOES: None 7 8 9 10 11 ABSENT: None 12 13 14 15 16 17 18 19 20 21 22 ATTEST: ALETHA L. RAUTENKRANZ, City Clerk 23 24 25 26 27 28 II