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HomeMy WebLinkAbout2006-07-11; City Council; Resolution 2006-1851 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. 2006-185 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE RENEWAL OF LIABILITY INSURANCE THROUGH THE CALIFORNIA MUNICIPAL EXCESS LIABILITY PROGRAM (CAMEL1 WHEREAS, in 1999 the City became a member of the California Municipal Excess Liability program (CAMEL) for purposes of obtaining liability coverage; and WHEREAS, 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, California, as follows: 1. That the above recitations are true and correct. 2. That the renewal of liability coverage through the California Municipal Excess Liability program effective July 1, 2006 to June 30, 2007 is hereby approved and the Finance Director is authorized to issue a warrant in the amount of $299,037 for the payment of the premium to the Driver-Alliant Company. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the Hth day of July , 2006, by the following vote: AYES: Council Members Lewis, Hall, Kulchin, Packard, Sigafq; NOES: None ABSENT: None LO (SEAL) J_