Resolution No. 8706
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7 WHEREAS, the City Council of the City of Vernon adopted
RESOLUTION NO. 8706
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON APPROVING AND RATIFYING ACTIONS TAKEN
REGARDING RENEWAL OF POLLUTION LEGAL LIABILITY
INSURANCE FROM AMERICAN INTERNATIONAL SPECIALTY
LINES INSURANCE COMPANY
8 Ordinance No. 1067 on December 8, 1998, which added Article VI to
9 Chapter 12 of the Vernon City Code, establishing a non-exclusive
10 franchise system for solid waste collection in the City; and
11 WHEREAS, the City of Vernon developed a Standard Non-
12 Exclusive Franchise Agreement for Solid Waste Management Services
13 (~Franchise Agreement") for solid waste collection businesses operating
14 in the City of Vernon; and
15 WHEREAS, the City of Vernon has evaluated its liability
16 insurance policies in light of the City's limited role in the
17 placement of waste in solid waste landfills; and
18 WHEREAS, the City's current Pollution Legal Liability
19 Insurance Policy with American International Specialty Lines Insurance
20 Company (~American") for insurance in excess of insurance coverage
21 required in the Franchise Agreement expires on March 23, 2005; and
22 WHEREAS, the City desired to renew the policy of insurance
23 with American to protect the City; and
24 WHEREAS, the City employed the services of Arthur J.
25 Gallagher & Co. Insurance Brokers of California, Inc. (~Arthur J.
26 Gallagher") to act as the City's broker to structure and obtain the
27 appropriate insurance coverage; and
28 WHEREAS, Arthur J. Gallagher has recommended that the City
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1 enter into an arrangement with American for the provision of
2 insurance; and
3 WHEREAS, in order to meet the urgent need for renewal of the
4 insurance policy, the City Administrator authorized the annual payment
5 of $40,051.30 and the execution of any document necessary to implement
6 the insurance policy, subject to ratification by the City Council; and
7 WHEREAS, on April 5, 2005, the Finance Committee considered
8 the recommendation of Bruce V. Malkenhorst, the Director of Finance,
9 dated March 31, 2005, that the actions of the City Administrator
10 pertaining to obtaining the necessary insurance coverage for the
11 Pollution Legal Liability Insurance, issuing the annual premium
12 payment and executing any forms necessary to implement the insurance
13 with American, be ratified; and
14 WHEREAS, the City Council desires to approve and ratify any
15 document executed by the City Administrator and/or his designee and
16 the annual premium payment in accordance therewith; and
17 WHEREAS, the City Council of the City of Vernon has
18 determined that, pursuant to the provisions of subsection (a) of
19 Section 2.27 of the Vernon City Code, it is in the public interest and
20 necessity to ratify renewal of the Pollution Legal Liability Insurance
21 with American, through Arthur J. Gallagher.
22 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
23 CITY OF VERNON AS FOLLOWS:
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SECTION 1:
The City Council of the City of Vernon hereby
25 finds and determines that the recitals contained hereinabove are true
26 and correct.
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SECTION 2:
The City Council of the City of Vernon hereby
28 ratifies and authorizes the City Administrator, or his designee, to
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1 execute any and all documents necessary for the purpose of securing
2 the renewal of the insurance and to implement and carry out the
3 purposes specified in the insurance renewal on behalf of the City of
4 Vernon.
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SECTION 3:
The City Council of the City of Vernon hereby
6 approves and ratifies the annual premium payment of $40,051.30 in
7 accordance with the terms of the insurance renewal.
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SECTION 4:
The City Council of the City of Vernon hereby
directs the City Clerk, or his designee, to send a copy of this
Resolution to:
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Arthur J. Gallagher & Co.
Insurance Brokers of California, Inc.
Attn. James C. Falbo, Account Executive
505 N. Brand Blvd., Suite 600
Glendale, CA 91203-3944
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SECTION 5:
The City Clerk of the City of Vernon shall
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certify to the passage of this resolution, and thereupon and
thereafter the same shall be in full force and effect.
APPROVED AND ADOPTED this 13th day of April, 2005.
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ATTEST:
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BRUCE V. MALKENHORST, City Clerk
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
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I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do
hereby certify that the foregoing Resolution, being Resolution No.
8706, was duly adopted by the City Council of the City of Vernon at a
special meeting of the City Council duly held on Wednesday, April 13,
thereafter was duly signed by the Mayor of the City of
8 2005, and
9 Vernon.
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BRUCE V. MALKENHORST, City Clerk
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