Resolution No. 95921
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
RESOLUTION NO. 9592
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
WHEREAS, the City Council of the City of Vernon adopted
Ordinance No. 1067 on December 8, 1998, which added Article VI to
Chapter 12 of the Vernon City Code, establishing a non-exclusive
franchise system for solid waste collection in the City; and
WHEREAS, the City of Vernon developed a Standard Non -
Exclusive Franchise Agreement for Solid Waste Management Services
("Franchise Agreement") for solid waste collection businesses operating
in the City of Vernon; and
WHEREAS, the City of Vernon has evaluated its liability
insurance policies in light of the City's limited role in the
placement of waste in solid waste landfills; and
WHEREAS, the City's current Pollution Legal Liability
Insurance Policy with American International Specialty Lines Insurance
Company ("American") for insurance in excess of insurance coverage
required in the Franchise Agreement expires on March 23, 2008; and
WHEREAS, the City desired to renew the policy of insurance
with American to protect the City; and
WHEREAS, the City employed the services of Arthur J.
Gallagher & Co. Insurance Brokers of California, Inc. ("Arthur J.
Gallagher") to act as the City's broker to structure and obtain the
appropriate insurance coverage; and
WHEREAS, Arthur J. Gallagher has recommended that the City
in
IVA
3
4
5
6
7
a
10
11
12
13
14
15
16
17
18
119
20
21
22
23
24
25
26
27
28
enter into an arrangement with American for the provision of
insurance; and
WHEREAS, in order to meet the urgent need for renewal of the
insurance policy, the Risk Manager authorized the renewal and the
payment of the annual premium in the sum of approximately $47,865.47
to implement the insurance policy, subject to ratification by the City
IlCouncil; and
WHEREAS, the Risk Manager has recommended that the actions
taken to renew the necessary insurance coverage for the Pollution
Legal Liability Insurance, issuing the annual premium payment and
executing any forms necessary to implement the insurance with
American, be ratified; and
WHEREAS, the City Council desires to approve and ratify any
Idocument executed by the Risk Manager and the payment of the annual
1premium in accordance therewith; and
WHEREAS, the City Council of the City of Vernon has
determined that, pursuant to the provisions of subsection (a) of
Section 2.27 of the Vernon City Code, it is in the public interest and
necessity to ratify renewal of the Pollution Legal Liability Insurance
with American, through Arthur J. Gallagher.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF VERNON AS FOLLOWS:
SECTION 1: The City Council of the City of Vernon hereby
finds and determines that the recitals contained hereinabove are true
land correct.
SECTION 2: The City Council of the City of Vernon hereby
ratifies and authorizes the Risk Manager, or his designee, to execute
any and all documents necessary for the purpose of securing the
- 2 -
1 renewal of the insurance and to implement and carry out the purposes
2 specified in the insurance renewal on behalf of the City of Vernon.
3, SECTION 3: The City Council of the City of Vernon hereby
4 approves and ratifies the annual premium payment of approximately
5 $47,865.47 in accordance with the terms of the insurance renewal.
6 SECTION 4: The City Council of the City of Vernon hereby
7 directs the City Clerk, or her designee, to send a copy of this
8 Resolution to:
9 Arthur J. Gallagher & Co.
Insurance Brokers of California, Inc.
10 Attn. Chris Falbo, Area Vice President
11 505 N. Brand Blvd., Suite 600
Glendale, CA 91203-3944
12
SECTION 5: The City Clerk of the City of Vernon shall
13
certify to the passage of this resolution, and thereupon and
14
thereafter the same shall be in full force and effect.
15
APPROVED AND ADOPTED this 7th day of April, 2008.
16
17
18
Name: Leoni� C. Malburg
19
20 Title: Mayor- -Te
,21 A EST:
22
23 M NUELA GIRON, Cit Clerk
24
25
26
27
28
3 -
1 STATE OF CALIFORNIA )
ss
2 COUNTY OF LOS ANGELES )
3
4 1, MANUELA GIRON, City Clerk of the City of Vernon, do hereby
5 certify that the foregoing Resolution, being Resolution No. 9592, was
6 duly adopted by the City Council of the City of Vernon at a regular
7 meeting of the City Council duly held on Monday, April 7, 2008, and
8 thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of
9 Vernon.
10
11 MANUELA GIRO
12 City Clerk
13 (SEAL)
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
- 4 -
4305 Santa Fe Avenue, Vernon, California 90058
Telephone (323) 583-8811
April 21, 2008
Arthur J. Gallagher & Co.
Insurance Brokers of California, Inc.
ATTN: Chris Falbo, Area Vice President
505 N. Brand Blvd., Suite 600
Glendale, CA 91203-3944
Re: Resolution No. 9592 - 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
Transmitted herewith is a copy of Resolution No. 9592 that was
approved by City Council on April 7, 2008.
If you have any questions regarding this matter, please call Mr.
Willard Yamaguchi at (323) 583-8811 ext. 175.
Very truly yours,
Nei, y r6n
City Clerk
NG:dr
c: Willard Yamaguchi
Karina Rueda
Resolution No. 9592
E,clusivery Industrial