HomeMy WebLinkAbout2021-07-13; City Council; Resolution 2021-161RESOLUTION NO. 2021-161
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, APPROVING THE PURCHASE OF $100 MILLION OF PROPERTY
INSURANCE COVERAGE THROUGH AON FOR FY 21-22 IN AN AMOUNT NOT
TO EXCEED $386,834
WHEREAS, the City Council of the City of Carlsbad, California has determined that it has a desire
to purchase its annual property insurance through Aon; and
WHEREAS, Aon has negotiated a purchase of $100 million of property coverage for the next
fiscal year beginningJuly 1, 2021 and concluding on June 30, 2022, for an annual premium in an amount
not to exceed $386,834.
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 purchase of $100 million of property coverage through Aon, effective July 1,
2021 to June 30, 2022, is approved in an amount not to exceed $386,834.
3.That the City Manager or a designee is authorized to take any further action necessary
and appropriate to carry out the purpose and intent of this resolution.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of
Carlsbad on the 13th day of July, 2021, by the following vote, to wit:
AYES: Hall, Blackburn, Acosta, Bhat-Patel.
NAYS: None.
ABSENT: None.
MATT HALL, Mayor
/171/V1
BARBARA ENGLESON, City Clerk
(SEAL)
July 13, 2021 Item #4 Page 3 of 4