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HomeMy WebLinkAbout04 - Liability Insurance AcquiredRESOLUTION N0. 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA AUTHORIZING LIABILITY INSURANCE FOR THE CITY OF COSTA MESA. WHEREAS, the City Council of the City of Costa Mesadeterminesit to be for the beat interests and protection of the City of Costa Mesa that liability insurance be obtained to protect said city, and WHEREAS, the City of Costa Mesa does not have sufficient assets at the present time to carry said insurance, except on a temporary basis, and WHEREAS, the Pacific Indemnity Company has offered to carry the liability insurance for the City of Costa Mesa, California, on a thirty day binder; THEREFORE, the City Council of the City of Costa Mesa does hereby resolve, determine and order that liability insurance for the City of Costa Mesa be placed with Pacific Indemnity Company on a thirty day binder pursuant to the terms of said offer made by said Pacific Indemnity Company. Adopted, signed and approved this let day of July, 1953. Mayor of the City of Costa mesa ATTEST: City Clerk of the City f Costa Mesa I hereby certify that the foregoing resolution was duly and regularly passed by the. City Council of the City of Costa Mesa at a regular adjourned meeting thereof held this let day of July, 1953. CS y Clerk of the ity of osta Mesa