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HomeMy WebLinkAbout021099 RES - 03/05/1991RESOLUTION SUPPORTING HOUSE BILI S 1037, 1038, 1039, 1040 AND 1041 WHEREAS, the 62nd Texas Legislature enacted the Texas Catastrophe Property Insurance Pool Act in 1972 because of the great need for windstorm insurance coverage along the Texas Gulf Coast and the failure of insurance companies to voluntarily write such insurance; and WHEREAS, the Texas Catastrophe Property Insurance Pool (CATPOOL) has not adequately met the needs of property owners in coastal areas; and WHEREAS, specific deficiencies have been identified in the Pool's coverages, limits of liability, ratemaking formula, management structure, dispute resolution procedures, and other areas; and WHEREAS, the House Special Study Committee on the CATPOOL performed an interim study and issued recommendations; and WHEREAS, a fair and stable system of windstorm insurance coverage is vital to Corpus Christi and all coastal areas in Texas; and WHEREAS, State Representative Todd Hunter has introduced House Bills 1037, 1038, 1039, 1040, and 1041, which will remedy these problems; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS SECTION 1. That the City of Corpus Christi strongly supports House Bills 1037, 1038, 1039, 1040, and 1041 by Representative Todd Hunter. SECTION 2. That the City Manager and staff are directed to advise all local legislators and other pertinent officials of this resolution, and to take all steps necessary to support House Bills 1037, 1038, 1039, 1040, and 1041. ATTEST: J�----1J'- �_��i,t� _ City Secretary YOR THE CITY OF CORPUS CHRISTI a: ORD4 91039.dv 021099 AiteigILiviED APPROVED: 1 DAY OF larch . 193j JAMES R. BRAY, INTERIM CITY ATTORNEY • R. t City Attorne i By a: ORD4 91039.dv Corpus Christi, Texas �1 day of Ah.W.-�� 19 The above resolution was passed E/by the following vote: Betty N. Turner (�l"�P Cezar Galindo /2 Leo Guerrero (16 COL Tom Hunt Edward A. Martin - Joe McComb Clif Moss Mary Rhodes Frank Schwing, Jr. 066 021099