HomeMy WebLinkAboutReso 1978-9131revised 6-15-78
RESOLUTION NO. 9131
RESOLUTION OF THE'CITY COUNCIL OF THE CITY OF CHULA
VISTA AWARDING PUBLIC LIABILITY INSURANCE COVERAGE
TO ADMIRAL INSURANCE COMPANY
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the City's public liability insurance policy
expires midnight, June 19, 1978, and _
WHEREAS, the public liability insurance is presently
underwritten by the Admiral Insurance Company for the first
$1,000,000 of coverage and other insurors carry the excess from
$1,000,000 to $10,000,000 at a total cost of $180,082, and
WHEREAS, it is now recommended that the retention be
increased to $500,000, which would represent a savings of $92,992.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Chula Vista that the City awards the public liability
insurance coverage to Admiral Insurance Company et al with a
$500,000 self-insured retention.
Presented by Approved as to dorm by
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ane F. Cole, City Mana George D. Lindberg, City Atto ney
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF
CHULA VISTA, CALIFORNIA, this 13th day of June , 1978 ,
by the following vote, to-wit:
AYES: Councilmen Egdahl, Hyde, Gillow, Scott, Cox
NAYES: Councilmen None
ABSENT; Councilmen None
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Mayor of the City of Chula Vista
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// City Clerk
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) ss.
CITY OF CHULA VISTA)
I, , City Clerk of the
City of Chula Vista, California, DO HEREBY CERTIFY that the above is
a full, true and correct copy of Resolution No. and that the
same has not been amended or repealed. DATED
City Clerk