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HomeMy WebLinkAboutresolution.council.076-07 RESOLUTION NO. =t--{o (SERIES OF 2007) 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 2008, 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 2008 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 2008 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 ofthe City of Aspen. Dated: _,J~ de, J ,201- I, Kathryn S. Koch, duly appointed and acting City Clerk do certify t, at the foregoing is a true and accurate copy of the that reso ution adopted by the" City Council of ,he Ci~ of "'P'", Co'modo, ,to m''''", hold . W-bJ Q , 200~ ~4 Acceptance of Preliminary Property/Casualty Quotation Attachment C MUST BE RECEIVED AT THE CIRSA OFFICE ON OR BEFORE MONDAY, OCTOBER 1,2007 Complete, sign, and return this fonn if your entity has decided to accept CIRSA' s Preliminary Property/Casualty Quotation for 2008. ******************************************************************************* 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 2008 (check and fill in as applicable): ~ The City of Aspen accepts the preliminary 2008 quotation of $ l fJ30 ,,.;? / g with the same deductibles as 2007 (listed below): ' $ $ $ $ 10,000 5.000 10.000 10.000 Liability Deductible* Auto Liability Deductible Property Deductible Auto Physical Damage Deductible The City of Aspen accepts the preliminary 2008 quotation of $ 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 property, auto physical damage, auto liability and general liability. However, police professional and public officials errors and omissions deductibles cannot go below $1,000. AUTOMOBILE MEDICAL PAYMENTS, PREMISES MEDICAL PAYMENTS AND UNINSUREDIUNDERINSURED MOTORIST OPTIONAL COVERAGE Based upon the selections made in your 2008 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 UninsuredlUnderinsured Motorist Coverage. If this is incorrect, or you wish 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 from your entity's selection in 2007. ___,.o__,___,~~.__________.,......,-- - 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 2008 Loss Control Standards Audit Score Credit, if applicable: Apply $ contribution. of the credit towards our 2008 Property/Casualty Apply $ Compensation contribution. L Deposit $ 0 I q& 0 January 1, 2008. Send us a check for $ of the credit towards our 2008 Workers' of the credit in our Loss Control Credit Account on of the credit after January 1,2008. Loss CONTROL CREDIT ACCOUNT Please indicate below how you would like to utilize your Loss Control Credit Account Balance, if applicable: Apply $ contribution. of the credit towards our 2008 Property/Casualty Apply $ of the credit towards our 2008 Workers' Compensation contribution. L Keep the full amount in our Loss Control Credit Account and do not reduce our contribution. PURSUIT AND EMERGENCY VEHICLE OPERATIONS CREDIT Please indicate below how you would like to utilize your 2008 Pursuit and Emergency Vehicle Operations Credit, if applicable: Apply the credit towards our 2008 Property/Casualty contribution. Apply the credit towards our 2008 Workers' Compensation contribution. i Deposit the credit in our Loss Control Credit Account on January 1, 2008. Send us a check for the amount of the credit after January 1, 2008. ...".,-"._--.<---~.---~-,>_._,._, Acceptance of Preliminary Property/Casualty Quotation Page 3 Attachment C (continued) THIS IS NOT A BILL. AN INVOICE WILL BE SENT ON JANUARY 1. 2008. The undersigned is authorized to accept this preliminary quotation on behalf of the City of Aspen. We accept this preliminary quotation for January 1, 2008 to January 1, 2009. We understand our final invoice may increase/decrease depending upon the number of C1RSA Property/Casualty members for 2008, actual excess insurance premiums, and any changes, ma e to our 2008 renewal a~tion. Signature: Title: / Date: Signature mustbe that of the Mayor, Manager, Clerk, or equivalent (such as President of a Special District.)