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HomeMy WebLinkAboutresolution.council.075-05RESOLUTION NO. (SERIES OF 2005) A RESOLUTION OF THE CITY COUNCIL OF ASPEN, COLORADO, APPROVING THE RENEWAL OF THE CIRSA PROPERTY/CASUALTY INSURANCE POLICY FOR THE CITY OF ASPEN FOR 2006, AND AUTHORIZING THE CITY MANGER TO EXECUTE THE ACCEPTANCE OF THE PREMIUM QUOTE ON BEHALF OF THE CITY OF ASPEN WHEREAS, there has been submitted to the City Council the Premium Quote for 2006 CIRSA Property/Casualty Insurance Policy for the City of Aspen, Colorado, a copy of which is annexed hereto and part hereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section One That the City Council of the City of Aspen hereby approves the CIRSA Premium Quote for 2006 Property/Casualty Insurance Policy for the City of Aspen, Colorado, a copy of which is annexed hereto and incorporated herein, and does hereby authorize the City Manager to execute said Acceptance of Premium Quote on behalf of the City of Aspen. Helen I~a~n '!~la~'den~l, Mayor -- I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of the that.re.~olution adopted by the City Council of the City of Aspen, Colorado, at a meeting held~,, 2~ ,2005. Kat~yn S. I~h )x/'~' ' ~ Acce]vtance of ?reliminary Pro?erty/Casualty Quotation MUST BE RECEIVED AT THE CIRSA OFFICE ON OR BEFORE FRIDAY, SEPTEMBER 30, 2005 ~4ttachment C Complete, sign, and return this form if your entity has decided to accept CIRSA's Preliminary Property/Casualty Quotation for 2006. ACCEPTANCE OF PRELIMINARY PROPERTY/CASUALTY QUOTATION This is to notify CIRSA that the City of Aspen accepts the following preliminary quotation for property/casualty coverage for 2006 (check and fill in as applicable): The City of Aspen accepts the preliminary 2006 quotation of $ ~fJ~ qty,/.~' with the same deductibles as 2005 (listed below): $ 10,000 Liability Deductible* $ 5,000 Auto Liability Deductible $ 10,000 Property Deductible $ 10,000 Auto Physical Damage Deductible __ The City of Aspen accepts the preliminary 2006 quotation ors with new deductibles of: $ $ $ $ Liability Deductible* Auto Liability Deductible Property Deductible Auto Physical Damage Deductible *A $500 deductible quotation is offered to members, if requested, for lJrOPer~y, auto physical damage, auto liabiliO: and general llabilffy' tlowever~ l~olice ivrofessional and ivublic officials errors and omissions deductibles cannot go below $],000. AUTOMOBILE MEDICAL PAYMENTS, PREMISES MEDICAL PAYMENTS AND UNINSURED/UNDERINSURED MOTORIST OPTIONAL COVERAGE Based upon the selections made in your 2006 Property/Casualty Renewal Application, the City of Aspen has elected: Not to participate in Automobile Medical Payments Coverage, and Not to participate in Premises Medical Payment Coverage, and To participate in Uninsured/Underinsured Motorist Coverage. If this is incmTect, or you wisl~ to change your selection at this time, please contact your underwriting representative at (800) 228-7136 or (303) 757-5475. ** Indicates the selection is a change fi'om your entity's selection in 2005. Acceptance of Preliminary Property/Casualty Quotation Page 2 Attachment C (continued) Loss CONTROL STANDARDS AUDIT SCORE CREDIT Please indicate below how you would like to utilize your 2006 Loss Control Standards Audit Score Credit, if applicable: __ Apply the credit towards our 2006 Property/Casualty contribution. __ Apply the credit towards our 2006 Workers' Compensation contribution. _ Deposit the credit in our Loss Control Credit Account on January 1, 2006. __ Send us a check for the amount of the credit (after January 1, 2006). LOSS CONTROL CREDIT ACCOUNT Please indicate below how you would like to utilize your Loss Control Credit Account Balance, if applicable: Apply $ contribution. Apply $ Compensation contribution. Keep the full amount in our Loss Control Credit Account and do not reduce our contribution. of the credit towards our 2006 Property/Casualty of the credit towards our 2006 Workers' PURSUIT AND EMERGENCY VEHICLE OPERATIONS CREDIT Please indicate below how you would like to utilize your 2006 Pursuit and Emergency Vehicle Operations Credit, if applicable: _× Apply the credit towards our 2006 Property/Casualty contribution. Apply the credit towards our 2006 Workers' Compensation contribution. Deposit the credit in our Loss Control Credit Account on January 1, 2006. Send us a check for the amount of the credit (after January 1, 2006). Acceptance of Preliminary Property~Casually Quotation Attachment C (continued) Page 3 .THIS IS NOT A BILL. AN INVOICE WILL BE SENT ON JANUARY 1, 2006. The undersigned is authorized to accept this preliminary quotation on behalf of the City of Aspen. We accept this preliminary quotution for January 1, 2006 to January 1, 2007. We understand our final invoice may increase/decrease depending upon the number of CIRSA Property/Casualty members for 2006, actual excess insurance premiums, and changes made to our 2006 rene~val application. Signature: . Title: .'~ )ate: t -