HomeMy WebLinkAbout8437 - Automotive & Comprehensive Public Liability Insurance Coverage•
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RESOLUTION NO. 8437
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AWARDING A CONTRACT FOR
AUTOMOTIVE 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 Imperial Insurance Company as the primary carrier
and Signal 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 February 1, 1975, and
ending on January 31, 1976, to Imperial Insurance Company as
the primary general liability carrier and Signal 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 10th
ATTEST:
ity Clerk
day of February , 1975
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TIFIED AS THE 0. 1 i AL
CI CLERK Of THE CIT CF NEW T.-Z
DAM FEB 1 4 1975
DDO /bc
2/6/75