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HomeMy WebLinkAbout2003-06-24; City Council; Resolution 2003-1681 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 20 RESOLUTION NO. 2003-168 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 lT 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 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 Continental Insurance Company, with the premium in the amount of $122,250, is hereby approved. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 24th day of JUNE vote, to wit: , 2003; by the following AYES: Council Members Lewis, Kulchin, Hall, Packard NOES: None ABSENT: Council Member Finnila ATTEST: (SEAL) Resolution No. 2003-168, page 2 of 2 3