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HomeMy WebLinkAboutAGENDA REPORT 1990 0711 CC REG ITEM 08FMOORPARK BERNARDO M.PEREZ Mayor SCOTT MONTGOMERY MOORPARK, CALFORNjA Mayor Pro Tem CRY CCU M66*Q ELOISE BROWN of_ Councilmember CLINT HARPER, Ph.D. ACTION; Councilmember PAUL W. LAWRASON, Jr Councilmember LILLIAN KELLERMAN City Clerk M E M O R A N D U M TO: Honorable City Council FROM: Richard Hare, Deputy City Man e DATE: July 3, 1990 STEM O . Fit STEVEN KUENY City Manager CHERYL J.KANE City Attorney PATRICK RICHARDS, A.I.C.P. Director of Community Development R. DENNIS DELZEIT City Engineer JOHN V. GILLESPIE Chief of Police RICHARD T. HARE City Treasurer SUBJECT: Property Insurance - Office Equipment The current insurance policy for office equipment will expire this month. This coverage is broad, all risk coverage, specific to office equipment which includes fire, lightning, theft, earthquake and flood damage. Our broker Tolman & Wiker has secured continued coverage for the City with William H. McGee & Co., formerly Sun Insurance, for a premium of $1060.50. This significant increase over last year's premium of $840 is due to the addition of office equipment including our large r,Opier. RECOMMENDATION Approve renewal of office equipment policy for an annual premium of $1060.50 (01.4.117.648). 900703.RES 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864