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HomeMy WebLinkAboutResolution - 2008-R0362 - Inland Insurance Coverage From Travelers Lloyds Insurance Company - 09/25/2008Resolution No. 2008-RO362 September 25, 2008 Item No. 5.4 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Manager of the City of Lubbock BE and is hereby authorized and directed to purchase for and on behalf of the City of Lubbock, inland marine insurance coverage from Travelers Lloyds Insurance Company, for which the premium amount shall not exceed $7,880; crime insurance coverage from Great American Insurance Company, for which the premium amount shall not exceed $7,081; airport directors and officers errors and omissions liability coverage from the Texas Municipal League Intergovernmental Risk Pool, for which the premium amount shall not exceed $8,289; and pipeline liability insurance coverage from the Chubb Group, for which the premium amount shall not exceed $5,150; and THAT the City Manager may execute any routine documents and forms associated with said coverage. Passed by the City Council this 25th day of September, 2008. ATTEST: Rebe Garza, ity ecretary TO CONTENT: APPROVED ASXO FORM: Attorney gs/cityatt/Resolutions/Lloyds Ins & Great Amer Ins Co.res September 15, 2008 TOM MARTIN, MAYOR