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HomeMy WebLinkAbout2007-06-26; City Council; Resolution 2007-1501 RESOLUTION NO. 2007-150 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE RENEWAL OF 3 LIABILITY INSURANCE THROUGH THE CALIFORNIA 4 MUNICIPAL EXCESS LIABILITY PROGRAM (CAMEL) 5 WHEREAS, in 1999 the City became a member of the California Municipal Excess 6 Liability program (CAMEL) for purposes of obtaining liability coverage; and 7 WHEREAS, the City desires to renew its insurance through Alliant Insurance Services, 8 Inc. 9 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, 10 California, as follows: 11 1. That the above recitations are true and correct. 12 ,., 2. That the renewal of liability coverage through the California Municipal Excess 14 Liability program effective July 1, 2007 to June 30, 2008 is hereby approved and the Finance 15 Director is authorized to issue a warrant in the amount of $278,320 for the payment of the 16 premium to Alliant Insurance Services, Inc. 17 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the 18 City of Carlsbad on the 26tb day of June , 2007, by the following vote: 19 AYES: Council Members Lewis, Kulcbin, Hall, Packaj?ds and Nygaard 20 NOES: None. ABSENT: None. 21 22 23 24 25 26 LORRAINE M. WOOD, City Clerk 27 (SEAL) 28 H:\WORD\CAMEL Program\CAMEL 07-08 Resolution.doc