HomeMy WebLinkAbout1999-03-09; City Council; Resolution 99-830 0
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RESOLUTION NO. 99-83
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA, APPROVING THE
PURCHASE OF LIABILITY INSURANCE THROUGH THE
CALIFORNIA MUNICIPAL EXCESS LIABILITY
PROGRAM (CAMEL)
WHEREAS, in 1991 the City became a member of the California
Municipal Insurance Authority (CMIA), now known as the Public Agency Risk
Sharing Authority of California (PARSAC) for purposes of obtaining pooled liabili
coverage; and
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WHEREAS, on April 22, 1997 Council authorized the submittal of t
notice of intent to withdraw from PARSAC and conduct an analysis of liability
coverage options; and
WHEREAS, staff completed an analysis of liability coverage optior
and identified superior liability coverage at a significantly lower premium through
the California Municipal Excess Liability (CAMEL) program;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Carlsbad, CA as follows:
1. That the above recitations are true and correct.
2. That the purchase of liability coverage through the California Municipal Exce:
Liability program effective July 1 , 1999, is hereby approved and the Finance
Director is authorized to issue a warrant in the amount of $129,000 for the
payment of the first year premium, beginning July 1, 1999, to the Robert Drivc
Company.
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PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City
Council of the City of Carlsbad on the 9th day of March 1999, by the following vote,
to wit:
AYES: Council Members Lewis, Hall, Finnila, Nygaard and Kulcl
NOES: None
ABSENT: None
ATTEST:
ALETHA L. RAUTEN
library liability coverage forrnated AB
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