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HomeMy WebLinkAbout2002-06-25; City Council; Resolution 2002-1871 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ~~- RESOLUTION NO. 2002-187 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 WHEREAS, the City’s Insurance Broker has received a renewal quotation for Excess Workers’ Compensation Insurance coverage; and WHEREAS, upon evaluation of this quotation for excess insurance, the City desires to renew its insurance. NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. Ill Ill Ill Ill Ill Ill Ill Ill /// Ill 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2. That the renewal of the City's Excess Workers' Compensation Insurance coverage with Employers Reinsurance is hereby approved and the Finance Director is authorized to issue a warrant for the deposit premium of said renewal in the amount of $74,180. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 25th day of JUNE ,2002; by the following vote, to wit: AYES: Council Members Lewis, Nygaard, Hall NOES: None ABSENT: Council Members Kulchin, ATTEST: $33- M. WOOD, City Clerk Page 2 of 2 of Resolution No. 2002-187 3 - "