HomeMy WebLinkAbout4764
RESOLUTION NO. 4764
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ARCADIA GRANTING LIABILITY CLAIMS
ADJUSTMENT AUTHORITY TO THE CITY ATTORNEY,
FINANCE DIRECTOR AND CARL WARREN & CO. FOR
ADMINISTRATION OF THE CITY'S LIABILITY SELF-
INSURANCE PROGRAM
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES HEREBY RESOLVE
AS FOLLOWS:
WHEREAS on July 1, 1978, the City of Arcadia initiated a
liability self-insurance program; and
WHEREAS it is desirous to hire Carl Warren & Co. for the pur-
pose of claims investigation, claims adjustment, and related
matters.
NOW, THEREFORE BE IT RESOLVED AND DETERMINED BY THE ARCADIA
CITY COUNCIL:
Section 1. That the Agreement between the City of Arcadia
and Carl Warren & Co. for claims investigation and adjustment
services and related matters is hereby approved and the Mayor
and City Clerk are hereby authorized to execute the same.
Section 2. That Carl Warren & Co. is hereby authorized to
offer settlement of up to and including $l,OOO.OO for all bodily
injury and property damage claims referred to them by the City
of Arcadia 'when in their best judgment such an offer is warranted
and that they are authorized to offer settlement of up to and
including $2,500.00 for all bodily injury and property damage claims
referred to them by the City of Arcadia with the approval of the
City Attorney and Finance Director. Claims against the City of
Arcadia in excess of $2,500.00 shall not be settled without the
prior authorization of at least three members of the City Council.
Section 3. That the City Clerk shall certify to the adoption
of this Resolution.
-l-
4764
I HEREBY CERTIFY that the foregoing Resolution was adopted
at a regular meeting of the City Council of the City of Arcadia
held on the 18th day of July ,1978, by the affirmative
vote of at least three Council members, to wit:
AYES: Councilmen GilQ, Margett, Pellegrino, Saelid and Parry.
NOES: None
ABSENT: None
SIGNED AND APPROVED THIS 18th
day of July
. 1978.
a~
Mayor of the
C~~'dia
(SEAL)
-2-
4764