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HomeMy WebLinkAbout04-081DATE SUBMITTED: April 28, 2004 BILL 4/ t9 fit - O ~ i AGENDA BILL CITY OF BREMERTON C1TY COUNCIL SUBJECT: Pollution Liability Insurance Committee Meeting Date: May 4, 2004 COUNCIL MEETING Date: May 12, 2004 Department: City Attorney's Office Presenter: Peggy Lesser Phone: 5302 SUMMARY: The City of Bremerton first purchased pollution liability insurance in May 2001 on a three-year policy form. This coverage ends on May 16, 2004. ~'~ ...... c .^~ ................ :~ ,.,.~, ............... .y ..................... The cost of the recommended replacement coverage, with a $100,000 deductible, is approximately $55,470 for three years. ATTACHMENTS: FISCAL IMPACTS (Include Budgeted Amount): Sufficient funds were budgeted to cover this premium. APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: FISCAL/BUDGET: HEARD 5/4/04 OPERATIONS: HEARD 5/4/04 COUNCIL PRESIDENT: ~~/t /~]~4,~/x~ RECOMMENDED MOTION: Motion to authorize the Risk Manager to purchase pollution liability insurance from Indian Harbor Insurance Company. COUNCIL ACTION: ~Approve [] Deny [] Table [] Continue [] No Action