HomeMy WebLinkAbout2003-06-03; City Council; Resolution 2003-1331
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2003-133 RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD CALIFORNIA AUTHORIZING THE RENEWAL
OF PROPERTY, AND BOILER AND MACHINERY
INSURANCE THROUGH THE PUBLIC ENTITY
PROPERTY INSURANCE PROGRAM
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;
and
WHEREAS, upon evaluation of the quotations for both property and boiler and
machinery insurance, the City desires to renew its insurance through the Driver-Alliant
company.
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 renewal of property and boiler and machinery insurance through
Driver-Alliant is hereby approved and the Finance Director is authorized to issue a warrant in
the amount of $76,728 for the payment of the premiums of said renewals.
PASSED AND ADOPTED THIS 3rd DAY OF JUNE ,2003,
BY THE FOLLOWING VOTE TO WIT:
AYES: Council Members Lew
NOES: None
ABSENT: None
ABSTAIN: None
CKA U D E A .Y E W IB', MAY 0 R
ATTEST:
H:\WORD\lnsurance\2003 04 InsuranceWB Prop Ins 2003-04.doc