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HomeMy WebLinkAbout19993 RES - 09/29/1987A RESOLUTION AUTHORIZING THE EXECUTION OF AGREEMENTS TO PURCHASE INSURANCE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager is hereby authorized to execute agreements to purchase insurance as follows: (1) property and boiler insurance ($100,000 per occurrence deductible) with coverage for buildings ($91,585,185), contents ($6,296,751) and EDP equipment ($3,143,702) with Dinn & Company for annual premiums of $102,000 and $1,020, respectively, and (2) airport liability insurance from Arthur J. Gallagher & Co. with $10,000,000 underlying and $15,000,000 excess coverage for a premium of $79,275, a commission not to exceed $11,325, and state surplus lines taxes not to exceed $3,500. ATTEST: City Secretary APPROVED: a DAY OF inc7h ocv- , 19i7 HAL GEORGE, CITY ATTORNEY By . R • Askant City Attorrjey 08P.103.01 THE CITY OF CORPUS CHRISTI, TEXAS 19993 MICROFILMED Corpus Christi, Texas (99 day of r )t W D, 1981 The above resolution was passed by the following vote: Betty N. Turner (1.110 David Berlanga, Sr. Leo Guerrero ` Frank Mendez C1 c�Q, Clif Moss 00,(9 LL Bill Pruet Mary Rhodes Mary Pat Slavik Linda Strong 99.066.01 15593