HomeMy WebLinkAboutResolution - 2022-R0425 - LP&L Property Insurance CoverageResolution No. 2022-RO425
Item No. 5.1
October 25, 2022
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the actions of the City Manager of the City of Lubbock in purchasing
property insurance coverage to include boiler and machinery with AIG, Argenta,
Helvetia, HDI, SCOR, QBE, CNA Hardy, Aspen, Chubb, Travelers, Lancashire, Munich,
Amlin, Liberty (XS), Faraday, Kiln, Ark, Arch, Convex, Munich (XS), Alcor, Chubb
Bermuda and Talbot Syndicate 1183, for and on behalf of Lubbock Power and Light, the
City's municipal utility are hereby ratified.
THAT the City Manager may execute any routine documents and forms
associated with said insurance coverage.
Passed by the City Council this October 25, 2022
PAE, MAYOR
7
ATTEST:
Rebe4ca Garza, City Secret
APPROVED AS TO CONTENT:
D. Blu Kost ich, Chief Financial Officer
APPROVED AS TO FORM:
J H sell, Deputy City Attorney
RES.Risk Mgmt-LP&L Property Ins.
October 13, 2022
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