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HomeMy WebLinkAboutR13-Economic Development . REDEVELOPMENT AGENCY - REQUEST FOR COMMISSION/COUNCIL ACTION FROM: James E. Robbins, Acting Executive Director SUBJECT: AGREEMENT (INSURANCE SERVICES) DATE: SEPTEMBER 13, 1988 Synopsis of Previous Commission/Council/Committee Action: 09-06-88 Resolution No. 5145 approved. Admin Budget adopted included the expenditure of $50,000 for liability insurance coverage by the City. (Mayor and Common Council) Recommended Motion: Move to adopt RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO RELATING TO INSURANCE COVERAGE. (Community Development Commission) Move to adopt RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, AUTHORIZING AND DIRECTING THE EXECUTION OF AN AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND THE CITY OF SAN BERNARDINO RELATING TO INSURANCE COVERAGE. I~, ~~ ~ature Contact Person: JAMES E. ROBBINS Phone: Ward: 384-5081 Supporting data attached: YES N/ FUNDING REQUIREMENTS: Amount: $50,000,00 Project: N/A No adverse impact on City: Date: SEPTEMBER 19, 1988 Counci 1 Notes: Agenda Item No. ~/~ \ 1516R~ 09/19/88 S T A F F R t P 0 R T Discussion has been occurring at staff level relative to the Agency's total insurance needs with Risk Management Director John Kirwan. As a result of these discussion the attached agreement has been drafted for your review and comments. The agreement provides for the following: 1. Time of performance: July 1, 1988 thru June 30, 1989. 2. Compensation: FY 88/89 the sum of $50,000.00 and negotiated for each year thereafter on a prorata share of the City's insurance premium. 3. Termination: The agreement can be terminated by either party upon 30 days written notice. 4. Scope of Services City will provide Agency with liability coverage to a limit of $25,000,000.00 Staff recommends approval of Agreement (Insurance Services) and adoption of the accompanying Resolution. The Redevelopment Committee reviewed the matter and they recommend approval. Also, the amount of the contract has been included in the 88/89 Admin. Budget which was approved on September 6, 1988. 1516R/JLV/mv 09/19/88 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 A G R E E MEN T (Insurance Services) THIS AGREEMENT is made and entered into effective as of the day of , 1988, by and between the REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, CALIFORNIA, a public agency of the State of California, hereinafter referred to as the "Agency", and the CITY OF SAN BERNARDINO, a charter city, hereinafter referred to as the "City". The parties do hereby agree: 1. Recitals. (a) Agency has a need for liability insurance coverage. (b) City, through its Risk Management Department, is prepared to provide insurance coverage for Agency in the same manner as such coverage is provided to City agencies and departments. 2. Implementation. (a) Services. City agrees to provide the services of the Risk Management Department in providing liability coverage to Agency to a limit of $25,000,000 (b) Time of Performance. Such insurance coverage shall commence on July 1, 1988. This agreement shall continue until June 30, 1989, unless sooner terminated by the action of either Agency or City. (c) Compensation. At the commencement of the term of this Agreement, Agency shall pay City an amount of Fifty Thousan 1 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 2 Dollars ($50,000) which represents the Agency's prorata share of " . 3 City's insurance premium. 4 (d) Termination. This agreement .aybe terminated by 5 either Agency or City upon thirty (30) days' written notice to 6 the other. IN WITNESS WHEREOF, the parties have executed this agreement effective on the day and date first above shown. REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO By Chairman By Secretary Approved as to form and legal content: AGENCY COUNSEL By Dennis A. Barlow CITY OF SAN BERNARDINO ATTEST: By Evlyn Wilcox, Mayor City Clerk Approved as to form and legal content: City Attorney 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, AUTHORIZING AND DIRECTING THE EXECUTION OF AN AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND THE CITY OF SAN BERNARDINO RELATING TO INSURANCE COVERAGE. BE IT RESOLVED BY THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Chairman and Secretary of the Community Development Commission of the City of San Bernardino are hereby authorized and directed to execute for and on behalf of the Redevelopment Agency of the City of San Bernardino an agreement between the Redevelopment Agency of the City of San Bernardino and the City of San Bernardino relating to insurance coverage. A copy of said Agreement is attached hereto as Exhibit "1" and incorporated herein by reference a though fully set forth at length. Dated: Approved as to form and legal content: AGENCY COUNSEL By ~~_. 'JI.I?~ ) Y~~~a~low DAB:cez 9/15/88 1 1 2 The foregoing resolution was duly adopted by the following 3 vote, to wit: 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 AYES: Members NAYS: ABSENT or ABSTAIN: DAB:cez 9/15/88 2 1 2 3 4 5 6 7 8 9 10 11 12 13 RESOLUTION NO. RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO RELATING TO INSURANCE COVERAGE. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLLOWS: SECTION 1. The Mayor is hereby authorized and directed to execute on behalf of said City an Agreement with the Redevelopment Agency of the City of San Bernardino, relating to insurance coverage, which Agreement is attached hereto, marked Exhibit "A", and incorporated herein by reference as fully as though set forth at length. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San 14 Bernardino at a 15 the day of 16 vote, to wit: 17 AYES: Council Members 18 19 NAYS: meeting thereof, held on , 1988, by the following 20 21 22 23 24 25 26 27 28 ABSENT: City Clerk DAB:cez 9/15/88 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 The foregoing resolution is hereby approved this of , 1988. day Evlyn Wilcox, Mayor City of San Bernardino Approved as to form and legal content: ~~) ity At ney DAB:cez 9/15/88 2