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HomeMy WebLinkAboutReso 1983-11270 Revi sed 6/10/83 RESOLUTION NO. 11270 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AWARDING PUBLIC LIABILITY INSURANCE COVERAGE The City Council of the City of Chula Vista does hereby resolve as fo 11 ows : WHEREAS, those bids as shown on Exhibit "/\11 have been received by the City of Chula Vista for the public liability insurance coverage of the City for the period June 19, 1983 through June 19, 1984, and WHEREAS, said schedule of bids indicates that the San Diego County Cities Joint Power Authority has provided the lowest bid for such public liability insurance, and WHEREAS, it has been recommended that the contract for said public liability insurance be awarded to the Planet Insurance Company acting on behalf on the San Diego County Cities Joint Power Authority. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby accept said bids and does hereby award the public liability insurance coverage to the San Diego County Cities Joint Power Authority (Planet Insurance Company) for a total premium cost of $25,385. Presented by Approved as to form by ~__ /<d~-, tordon K. Grant, Director of Finance f,.it""-...w':" "t.';:;-"';';' < ~;.; ,,"'l"',f ;-;T" " George D. Lindberg, City Attorney ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ~ULA VISTA, CALIFORNIA, this 14th 83 , by the following vote, to-wit: day of June rES: ~YES: 3STAIN: :lSENT: Councilmen M~lr.olm. Moore. McCand1iss. Cox Councilmen None Cooocilmen Scott Councilmen None Ma r the City of Chula Vista "TEST g~ .J7$d~ Y City Clerk R~ .ATE OF CALIFORNIA ) )UNTY OF SAN DIEGO ) s s. ry OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, ) HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 11270 ,and that the same has not been amended or repealed. ,TED City Clerk ( seal) ;-660 GENERAL LIABILITY INSURANCE BIDS FOR THE CITY OF CHULA VISTA San Diego County Citi es Joi nt Power Authority (1) Creaser-Price Insurance Company (2 ) urance 1) Planet Insurance Co. 1) National Union Janies: Insurance Co. t Guide 1) A + Excellent - 1) A + Excellent - !I!.9. : Class 15 - Assets of Class 15 - Assets $100,000,000 or more of $100,000,000 2) Same Rating or mo re !.sY- n: =rage: its: F- Insured ~nti on: la 1 'egate ) Loss: iua 1 :nsions or usions or jitions la 1 11 urn: on: "ease 1 imi t iability to Ital of 000,000 'ss - tional cost June 19, 1983 to J un e 19, 1 984 Municipal, General & Auto L i abil ity, including: - Bodily Injury - Property Damage - Errors & Omissions - Personal Injury - Indemnification for Claims Administration- Errors and Omissions $10,000,000 $100,000 $300,000 Deletes fellow employee wording in Named Insured Deletes failure to suppl,] water exclusion Includes physical damage inverse condemnation Includes Incidental mal-practice coverage $23,885 S 1,500 R.~11)..70 EXHIBIT f'\ 1) Twin City Fire Ins. Co. 2) Fire State Ins. Co. 1) A + Excellent - Class 15 Assets of $100,000,000 or mo re 2) A + Excellent - Class 14 Assets of $ 75,000,000 to $100,000,000 Same Same Same Same Same Same Same Same None None Same Same Same Same Not Covered Not Covered Same Same $26,000 $27,600 S 1 ,650 S 2,000