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HomeMy WebLinkAbout21954 - RESOLUTIONS - 6/27/2007 ' RESOLUTION NO. 21954 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA AUTHORIZING KEENAN & ASSOCIATES, AS THE CITY'S BROKER OF RECORD, TO PURCHASE EXCESS WORKERS' COMPENSATION INSURANCE, EFFECTIVE JULY 1, 2007, IN AN AMOUNT NOT TO EXCEED $75,037 WHEREAS The City is self insured for major risk programs, such as general liability, auto liability and workers' compensation; and WHEREAS, annually purchases various lines of insurance coverage to minimize the adverse effects of accidental losses and claims against the City; and WHEREAS, the City Council appoints a broker of record to purchase insurance policies for the City. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs, California authorizes Keenan & Associates, as the City's Broker of Record, to purchase the following insurance policy for Fiscal Year 2007-08: ' Coverage Premium 7/1/07 through 6130l08 Excess Workers' Compensation $75,037 SIR-- Police & Fire employees $1,000,000 All other employees $1,000,000 Limits $25,000,000 each accident ADOPTED THIS 27" DAY OF JUNE, 2007. David H- Ready,,Gity Manager ATTEST: es Thompson, City Clerk Resolution No. 21954 Page 2 CERTIFICATION ' STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 21954 is a full, true and correct copy as was duly adopted at a regular meeting of the City Council of the City of Palm Springs on June 27, 2007 by the following vote: AYES: Councilmember Foat, Councilmember McCulloch, Councilmember Mills, Mayor Pro Tem Pougnet , and Mayor Oden. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, California ,