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381 <br /> November 14,1973 • <br /> The Regular M theLverett c called <br /> order in the Conference the City Hall,N 1] b.8 e.m.xi. <br /> silent Rucker presiding.and mall-Councilmen <br /> ELITE Al Hicks,City Attorney,presentedtheCity C foar <br /> alternative <br /> .PRANCE :approachn <br /> es f r'prbv0dingp y <br /> n£or:l risks. said the 4 <br /> pproaches and the approximate cost ofeaabwereas follows. <br /> 1. Current Liability.Insurance Coverage and:Liability Protection <br /> 546,608 <br /> 2 Liability <br /> covetoad <br /> rage . selective basis neededo bring present <br /> 564,642 e. quare level rete <br /> r?aott4gearq.. <br /> 3. ve General Liability Insurance Coverage <br /> S49,071ns <br /> Self-Insurance Lthm 3 m insurance <br /> remix a{-, Extensive ince Program major alai <br /> -iosx es sa_::- coverage- 549,200 <br /> er He said t that Alternative N adequate <br /> rage and thatthesecond alternative i$toocostly.provide ended I.,. <br /> accepting Alternative No.4, x said the basic change inxthis calm rn Ive <br /> from L Self-InsuranceProgrami roposal,tthe <br /> at <br /> City would ubeeadding a elf-insurancescategory a <br /> et4ng i rage forCityr buses.and <br /> opAAcOf if-ins ax 1.112 of 5500,000-$1,000,000, <br /> Adlwliability o f claims $100,000 o 5275,000,except <br /> UPI do Rees-for ea systems.- s liability for automobile <br /> edeelb 28.v^Elee0230between t3100-8275,000 a theabove <br /> ')nae 'd tend coverage 8,000,t0 <br /> btee a rage the t eyatemz 1' of$3,000,000. <br /> 2edm h e-$337,000 1n the Cumulative eR a for Self- <br /> • Insurance <br /> 5.• year arequested at presena which will w interest at about$25,000 <br /> esti:policy tedraw <br /> this umbrella type <br /> Hs n3 AutomobileLiability Policyexpires.hy when t present ty1 <br /> meldoxq e <br /> aet IS orPaee.eat Rucker0 ly the cost ifi about t t <br /> bus. uanmld de wise to u e money in theSelf-Insuranced <br /> Pun for this <br /> rsz e30eeeny purphse,rather than using other general funds to purchasethis type <br /> of insurance. <br /> io1^10afoxg f0 caiman Dobler felt that the'p pal-should n need,but the c <br /> Lllw ye.it of the Reserve Fund.. <br /> Movseconded by Councilman authorize <br /> the oadministrationnc type policy Self <br /> eatb'e dLbyathe tCity'A .,, <br /> �M1a od of -vItcAludass aaLled;uiktroall Councilmen voting y <br /> n ydw no bwOzpMoad lel.a eve. <br /> eik i041TIo i 6n44o -Heg1002;0111itiee-Director,said he had received <br /> ted i,eState - 1 hey hadbeni <br /> nt suce from the <br /> bstantiate f their $6-$6 0 000 funding assistance uistca <br /> Water Utilities. h all water agencies t <br /> roa ,r,:, t'preapplication forme a all p cipated to he <br /> or hessaieuhmitted on formal application o that <br /> next 18 months. He <br /> i vera senc_sazd,this Came under the Washington Futures Program or Referendum 27. <br />