HomeMy WebLinkAboutReso 1966-4251RESOLUTION N0.4251
RESOLUTION OF THE CITY COUNCIL OF TriE CITY OF CHULA VISTA
APPROVING AGREEP~IEN^i WITH BAYLY, MARTIN & FAY, INC., FOR
ADDITIONAL LIABILITY INSURANCE
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the Finance Officer of the City of Chula Vista has
recommended that the City increase its liability insurance from the
existing $1,000,000 combined single limit coverage to a $5,000,000
limit, and
WHEREAS, said umbrella coverage will provide the following:
1. Provide for a catastrophe loss.
2. Provide coverage in uninsured areas of our present
liability policy; that is, architects, engineers and
attorneys errors and omissions and medical malpractice.
3. Provide coverage for any person or persons requested
by an agent of the City, while acting in the course of
employment, to render aid or service.
4. Provide care, custody and control insurance.
and
WHEREAS, after conducting informal bidding among various
insurance companies, the firm of Bayly, Martin & Fay, Inc., in San
Diego, has offered said coverage for the sum of $1,750.00, and
L+7HEREAS, it is determined that said some is a reasonable
cost for such additional coverage.
NOW, T~-iEREFORE, BE IT RESOLVED by the City Council of the
City of Chula Vista that an agreement be executed with the firm of
Bayly, Martin & Fay, Inc., in San Diego, to obtain additional liability
insurance coverage in the amount $4,000,000 for the sum of $1,750.00.
BE IT FURTHER RESOLVED that the Finance Officer of the City
be and he is hereby authorized to obtain such necessary policies and
signatures as required to carry out the intent of this resolution.
Presented by _~
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Fred A. Ross, Chief Administrative
Officer
Approved as to form by
George D. indberg, City Attorney
ADORED ~i:\'D APPROVED by _h:: CITY COCTNCIi of the ^iI'Y GF CHiJLA VISTh,
CALIFGRNIA, tris _ 22nd day of November ~~, 19 66 , by the rollowing vote,
to-wits
A4'ES° Councilmen Anderson, McAllister, McCorquodale, Sparling, Sylvester
NAYES ~ Co~~nci linen
ABSENTo Coa~nci 1.me:~
None
None
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~I~~or o the City of China Vista
ATTEST ~~ ~ ~ ~
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City Cleric
STATE OF CALIFORNIA j
COUNTY OF SAN DIl'GG ,? ~s .
CITY OF CHUTA VISTA. 1
Iy KENNETH. P, CA.'~iFiSEL~, Cl_ty Cleric of the City of Chula Vista, CaliforrLia,
DO HEREBY CERTIFt' that the abo~~e ar.d for_e~oing is a full, true n.nd. cor-re.ct copy of
and that the same has not been amended
or repealed.
SATED ;~
City Clerk
CC-652
~ Va51