Laserfiche WebLink
A•RESOLUTION <br />AUTHORIZING THE PURCHASE OF•: <br />CERTAIN,INSURANCE,COVF,RAGES; <br />WHEREAS, Section 2-118 of the±City Code requires approval of <br />City Council of the purchase of.'additional types of casualty or <br />liability insurance coverage`; and.7 <br />WHEREAS, the'Councilshas,found,the purchase of two.additional <br />types of insurance4coverage to' :beJadvisable, =now"•, therefore, be it <br />RESOLVED by the Council.,o£ the;Cify of Charlottesville that' <br />the Council approves the purchase-of ,police professional-liability <br />insurance coverage in the amount of .$,250, 000. per person. and <br />$500,000 per occurrence}ahfl,thevpurchase o?-physical damage, <br />insurance coverage on the�City bus"fleet `in the amount of actual . <br />cash value less'a deductible `of.$51p000`pe'r occurrence, and <br />BE, IT FURTHER RESOLVED that%lthe City,manager and Director of <br />Finance are authorized to`approve piyment'of -the premiums of such <br />coverages from the risk management fund as provided by Section <br />2-118 of'the City Code. <br />