HomeMy WebLinkAboutCVRC Reso 2006-009
CVRC RESOLUTION NO. 2006-009
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CHULA VISTA REDEVELOPMENT CORPORATION
AUTHORIZING AND DIRECTING THE SECRETARY TO
PROCURE DIRECTORS, AND OFFICERS LIABILITY
INSURANCE, AND COMMERCIAL GENERAL LIABILITY
INSURANCE
WHEREAS, The Board of Directors of the CHULA VISTA REDEVELOPMENT
CORPORATION has determined that it is in the best interests of the Corporation to obtain both
Directors and Officers liability insurance and commercial general liability insurance.
NOW, THEREFORE, the Board of Directors of the CHULA VISTA
REDEVELOPMENT CORPORATION does hereby resolve as follows:
Section I: The Secretary of the Corporation is hereby authorized and directed to
procure Directors and Officers liability insurance on behalf of the Corporation, covering all
actions and omissions of all Directors and Officers of the Corporation.
Section 2: The Secretary of the Corporation is hereby authorized and directed to
procure commercial general liability insurance on behalf of the Corporation, covering all of the
planned actions, activities, functions, and transactions of the Corporation.
PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation
of the City ofChula Vista, this 23rd day of February 2006, by the following vote:
AYES:
Directors:
NAYS:
Directors:
ABSENT:
Directors:
None
ATTEST: , ~ ~
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STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
Executed this 23rd day of February 2006.
Paul,
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Dana M. Smith, Secre ary