HomeMy WebLinkAboutReso 1967-4501RESOLUTION N0. 4501
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA
EXTENDING THE CITY'S PRESENT LIABILITY AND UMBRELLA
INSURANCE POLICIES
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the contract by and between the City of Chula Vista
and the Transit Casualty Company for comprehensive general and auto-
mobile liability insurance, and the umbrella policy with the Employers
Reinsurance Company are due to expire on September 13, 1967 and
November 23, 1967, respectively, and
WHEREAS, the Finance Officer of the City of Chula Vista has
entered into negotiations with said companies, and has received favorable
quotations for the extension of said policies, and has recommended that
said quotations be accepted and the policies extended for an additional
one year period, and
WHEREAS, the City Council of the City of Chula Vista finds and
determines that the extension of said policies is economically desirable.
NOW, THEREFORE, BE IT RESOLVED that those certain contracts
for insurance by and between the City of Chula Vista and the Transit
Casualty Company and Employers Reinsurance Company, due to expire on
September 13, and November 23, 1967, respectively, be, and the same are
hereby extended to and until September 13, and November 23, 1968, re-
spectively, under the same terms and conditions contained therein, at
the premiums contained in that certain letter from Bayly, Martin & Fay,
Inc., dated July 12, 1967, a copy of which is attached hereto and by
reference made a part hereof, the same as if fully set forth herein.
Presented by
Gordon Grant, Finance Officer
Approved as to f
George D. berg, City Attorn
ADOPTED AND APPROVF;D by the CITY COUNCIL of the CITY OF CHULA VISTA,
CALIFORN IA, this _ 25th day of July ,~ 19 67 by the following vote,
to-wito
AY~S~ Councilmen Sylvester, Anderson, McCorquodaley~.McAllister~ Sparling
NAYES; Councilmen. None
ABSENT: Counci.Lmen None
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ATTEST ~ <__ .~_c <_~ ~yt;^r,^,.,L%/. L
City Clerk
STATE OF CALIFORNIA j
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VT_STA j
I, KENNETH P. C.4'~IFBELL, City Clerk of *_he Ci.ty of Chula Vista, California,
DO HEREBY CERTIFY that the above and foregoing is a fu.l1, true and correct copy of
and that the same has not been amended
or repealed.
DATEDo
City Clerk
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