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HomeMy WebLinkAbout8524 - Automobile & Comprehensive Public Liabilityr �i 1r � u RESOLUTION NO. 8524 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AWARDING A CONTRACT FOR AUTOMOBILE AND COMPREHENSIVE PUBLIC LIABILITY INSURANCE COVERAGE. WHEREAS, the Insurance Committee has held a number of meetings with the City's insurance Broker for the purpose of reviewing the City's insurance specifications and the bids received for the City's coverage for 1975; and WHEREAS, the Insurance Committee has recommended that the City's general liability policy for next year should be awarded to The Star Insurance Company as the primary carrier (exclusive of primary automobile liability) and the Fireman's Fund Insurance Company for primary automobile liability and the Midland Insurance Company as the excess carrier; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach accepts the recommendation of the Insurance Committee and hereby awards the City insurance contract for the period commencing on 12:01 A.M., June 25, 1975, and ending on 12:01 A.M., June 25, 1976, to The Star Insurance Company as the primary general liability carrier (exclusive of primary automobile liability) and the Fireman's Fund Insurance Company for primary automobile liability and the Midland Insurance Company as the excess umbrella liability carrier. BE IT FURTHER RESOLVED that the Mayor and City Clerk are hereby authorized and directed to execute a contract in accordance with this award and on behalf of the City of Newport Beach. ADOPTED this 23rd day of June, 1975. ATTEST: City Clerk O CE PIED AS THE R Al CITY CLERK OF THE CITY OF NEW T KACH JUN 2 5 1975 6R2 %75