HomeMy WebLinkAbout2001-085
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3 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE
PURCHASE OF THE PROPERTY INSURANCE FROM MAY 1, 2001 THROUGH
4 APRIL 30, 2002 FOR A COST OF $228,320 FOR PROPERTY INSURANCE,
EARTHQUAKE INSURANCE AND FLOOD INSURANCE FOR ALL CITY-OWNED
5 BUILDINGS AND VEHICLES.
Resolution No 2001-85
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BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
7 OF SAN BERNARDINO AS FOLLOWS:
8 SECTION 1: The Mayor of the City of San Bernardino or her designee is hereby
9 authorized to direct the City's insurance broker, Robert F. Driver Company, to purchase
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property insurance coverage from May 1, 2001 through April 30, 2002, for a cost of
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$228,320 for $125 million All Risk property insurance and $50 million Earthquake and
Flood insurance.
14 SECTION 2: The authorization to execute the above mentioned purchase is
15 rescinded if the broker fails to initiate the purchase of the insurance within sixty (60)
16 days of the passage of this resolution.
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2001-85
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1 RESOLUTION AUTHORIZING THE PURCHASE OF THE PROPERTY
INSURANCE FROM MAY 1, 2001 THROUGH APRil 30, 2002 FOR A COST OF
2 $228,320 FOR PROPERTY INSURANCE, EARTHQUAKE INSURANCE AND FLOOD
3 INSURANCE FOR All CITY-OWNED BUilDINGS AND VEHICLES.
4 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the
5 Common Council of the City of San Bernardino at a j oint regular meeting thereof,
25 JAMES F. PENMAN,
26 City Attorney
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27 By: krh", , I , .
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