CLEARFIELD CITY COUNCIL AGENDA AND SUMMARY REPORT October 29, 2013 WORK SESSION **CITY COUNCIL ADJOURN**

Similar documents
Cumberland School Department Policy Manual

Personal Lines Team Overview and Key Products. Bill Tormey Denica Klein

NFH Cabin Insurance Survey Results January, 2017

Cabin Insurance. Doug Gann & Jay Tripathi National Forest Homeowners NFH Seattle Conference, April 2017

A. Underwriting Guidelines 1. A signed ACORD 83 (2005/02 or newer) application is required for each umbrella submission.

REQUEST FOR PROPOSAL FOR PROPERTY AND LIABILITY, AUTO, INLAND MARINE, COMPUTER, LEO AND ELECTED OFFICIAL, FLOOD INSURANCES

Utah Transit Authority Personal Injury Protection Information

AGENDA ASTORIA CITY COUNCIL

Manatee County Parks and Natural Resources Special Event Permit Application. Special Event Permit Fees:

Residential Property Owners

LA Law Library Request for Proposal Commercial Property and Casualty Insurance Agent / Broker Services

BROKER CERTIFICATION AND WARRANTY

AGENDA Wednesday, October 4, 2017

Home-sharing Insurance Short-Term Rental Endorsement

BUSINESS INSURANCE 101

FACILITIES USE PERMIT FOR FILMING AND PHOTOGRAPHY ON CAMPUS

SKATING RINK OPERATORS DISCOVERY QUESTIONNAIRE THIS IS FOR QUOTATION PURPOSES ONLY THIS IS NOT A BINDER

CLEARFIELD CITY COUNCIL MEETING MINUTES 7:00 P.M. POLICY SESSION June 10, PRESENT: Keri Benson Councilmember

MARINE COMPREHENSIVE LIABILITY POLICY APPLICATION

SurePower Quick Reference Guide Frequently Asked Questions

STAFF REPORT. Honorable Mayor and City Council RISK MANAGEMENT AND INSURANCE ALTERNATIVES COST STUDY

Prepared for the National Conference of State Legislators Federal Health Reform Implementation Task Force. Representative David Clark August 8, 2011

Edition CSE Safeguard Insurance Company Page 1 of 5

Old Colony Habitat for Humanity

MINUTES KCTCS Board of Regents Finance, Technology, and Human Resources Committee June 12, 2014 Committee Members Present:

GUIDE TO MAKING A MOTOR INSURERS BUREAU CLAIM. Guide to making an MIB claim - Issue 6 (10.15)

ADMINISTRATIVE MEMORANDUM ONE-HUNDRED TWELVE SHORT-TERM DISABILITY GUIDELINES FOR REGULAR CONTRACT EMPLOYEES

REQUEST FOR QUALIFICATIONS/PROPOSALS CHESAPEAKE COLLEGE (RFQ/RFP) INSURANCE BROKER SERVICES FOR PROPERTY AND CASUALTY PROGRAM

Service is our Hallmark.

Commercial Tax Objectives and Options. January 2018 Bruce Fisher and Andre MacNeil (Finance)

SHORT-TERM DISABILITY GUIDELINES FOR REGULAR CONTRACT EMPLOYEES

REQUEST FOR PROPOSALS INSURANCE BROKERAGE SERVICES

Reinsurance Broker Request for Proposals I. INTRODUCTION

E&O INSURANCE POLICIES

Functions of MARM. MARM Mission Statement. A General Agency Offering Full Commissions. Mid-America Risk Managers, Inc. ---MARM---

7:00 p.m th Avenue North COUNCIL WORK SESSION AGENDA #37

January, Chinquapin HOA PO Box 6001 Tahoe City, CA Re: Annual Insurance Disclosure. Dear President, Board of Directors and Management,

COMMONWEALTH SECRETARIAT

Fort Mason Site. Anna Davies, Vice Chancellor of Academic Affairs Ronald Gerhard, Vice Chancellor of Finance and Administration

Functions of MARM. MARM Mission Statement. A General Agency Offering Full Commissions. Mid-America Risk Managers, Inc. ---MARM---

Commercial Property Owners Insurance

Where Builders Risk Meets Personal Lines

Service is our Hallmark.

CAL POLY POMONA FOUNDATION, INC. CALIFORNIA STATE POLYTECHNIC UNIVERSITY, POMONA PERSONNEL COMMITTEE

CITIZEN S POPULAR ANNUAL FINANCIAL REPORT

May 2017 BU Physics Department 1

Other features. (Section C)

CORK CITY COUNCIL ONCE OFF ADAPTATION WORKS FOR SPECIAL NEEDS LOCAL AUTHORITY TENANTS APPLICATION FORM

USG Facility Rental Guidelines

CLEARFIELD CITY COUNCIL MEETING MINUTES 6:00 P.M. WORK SESSION September 13, PRESENT: Keri Benson Councilmember

IT WAS MOVED (DENNIS) AND SECONDED (MARK) TO APPROVE THE MINUTES OF THE OCTOBER 14, 2014 MEETING, AS PRESENTED. MOTION CARRIED UNANIMOUSLY.

Summary of Coverage Requested:

Residential Property Owners

MID-VALUE HOMEOWNER S APPLICATION

2015 PTI CONVENTION EXHIBITOR & SPONSOR PROSPECTUS. April 26-29, 2015 Royal Sonesta Houston Galleria Houston, TX, USA

Spokane Housing Authority Tenant Selection Criteria

15 20 October 2017 (Exhibits Open Monday-Thursday) Booth Early Deadline 7 July 2017 Booth Final Deadline 31 July 2017

CSUB Field Trip Policy

DISTRICT 39 FACILITES RENTAL PROCEDURES 8/27/15

GENERAL INFORMATION. (b) Have you ever been cancelled or non-renewed for this kind of insurance? Yes No If yes, explain

CLEARFIELD CITY COUNCIL MEETING MINUTES 6:00 P.M. WORK SESSION March 5, PRESENT: Kathryn Murray Councilmember. EXCUSED: Kent Bush Councilmember

NEGOTIATOR CRISIS MANAGEMENT

Service is our Hallmark.

REQUEST FOR PROPOSAL. Employee Benefits Broker Services for Health and Wellness Benefit Plans FOR THE CITY OF MONROE

IHC Small Group Education

RENTERS APPLICATION AGENCY INFORMATION APPLICANT INFORMATION. Date of Birth: <MM/DD/YYYY> Address: Occupation: COVERAGE INFORMATION

Red Hook Commons Phase 2 Rt. 9 Red Hook, NY

118 Lion Blvd PO Box 187 Springdale UT * fax

RESTAURANT / BAR / TAVERN & LIQUOR LIABILITY SUPPLEMENT

HCG PURCHASING CO-OP INVITATION TO BID

APPLICATION PROCESS Meadow Hill Development - Nanaimo 2360 Extension Rd. 1 4 Bedroom House

Student Finance: A Parent s Guide. By Kimberley Lloyd Schools and Colleges Liaison Officer

2015 Utah Enrollment Update

DRAFT MINUTES COMMITTEE OF THE WHOLE MEETING OF THE PARK RIDGE CITY COUNCIL FINANCE AND BUDGET, PROCEDURES AND REGULATIONS CITY HALL COUNCIL CHAMBERS

Request for Qualifications Facilities Condition Assessment and Development Consulting Services City of Mobile Mobile, Alabama PL

Submit proposals electronically to:

GENERAL INFORMATION. (b) Have you ever been cancelled or non-renewed for this kind of insurance? Yes No If yes, explain

10/26/2017. Insurance Limits and Deductibles What s In Your Policies? Annual Renewal Assessment. Changes in the District

City of Oldsmar Florida Special Events Guide and Permit Application

ALCOHOLIC BEVERAGE LICENSE APPLICATION APPLICATION MUST BE LEGIBLE

Salt Lake City Area Office 8722 S. Harrison St. Sandy, UT P.O. Box 4439 Sandy, UT Fax

Corporation Limited Liability Company Joint Venture Partnership Limited Partnership

LOUDON TATE & LYLE PERFORMING ARTS CENTER POLICY AND RULES

THE USPC INSURANCE PLAN

Florida Annual Conference of The United Methodist Church 2013 Insurance Summary Policy Period: 12/31/ /31/2013

Service is our Hallmark.

Wednesday, June 10, 2015

Name Date. Key Math Concepts

Auto Garage & Auto Dealer Quote Request

Presentation Theater Brochure and Contract

Relocation Policy. 01 Policy Statement Reason for Policy Who Needs to Know This Policy Eligibility... 2

FIS-PUB 0077 (6/15) Number of copies printed: 10,000 / Legal authorization to print: PA 145 of 1979 / Printed on recycled paper

Highbridge Terrace. Highbridge Terrace, L.P. Lincolnton Station P.O. Box New York, NY 10037

DALLAS COUNTY DISTRICT COURT ADMINISTRATION

The total value of this contract based on the guest room block and catering commitment is $

Florida Annual Conference of The United Methodist Church 2017 Insurance Summary Coverage Period: 12/31/ /31/2017

Submission Type: New Renewal Conversion BROKER INFORMATION Agency Code: Agency Name: Address: City/State/Zip: Contact Person: Phone: Fax:

Georgia Homeowners Program Manual

THE MEMBERS OF THE BOARD OF DIRECTORS OF THE PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT

DEMYSTIFYING INSURANCE

Transcription:

CLEARFIELD CITY COUNCIL AGENDA AND SUMMARY REPORT October 29, 2013 WORK SESSION 55 South State Street Executive Conference Room Third Floor Clearfield, Utah Mission Statement: To provide leadership in advancing core community values; sustain safety, security and health; and provide progressive, caring and effective services. We take pride in building a community where individuals, families and businesses can develop and thrive. 6:00 P.M. WORK SESSION Discussion on the Development Agreement for Clearfield Station Presentation on Police Programs Discussion on Future Road Improvement Projects Discussion on Liability Insurance Coverage for City Bridges Discussion on Providing Tenant User Liability Insurance Program (TULIP) Insurance Discussion on Public Information Procedures **CITY COUNCIL ADJOURN** Dated this 24 th day of October, 2013. /s/kimberly S. Read, Deputy City Recorder The City of Clearfield, in accordance with the Americans with Disabilities Act provides accommodations and auxiliary communicative aids and services for all those citizens needing assistance. Persons requesting these accommodations for City sponsored public meetings, service programs or events should call Nancy Dean at 525-2714, giving her 48-hour notice.

Staff Report To: Mayor Don W. Wood and City Councilors From: Rich Knapp, Administrative Services Director Date: October 24, 2013 Re: Insurance Options for City Bridges Recommended Action Staff recommends the city insure the 200 W. Center St. Bridge and consider insuring the five other bridges. Description / Background After the September 2013 bridge event at 200 W. Center St., the city requested property insurance quotes for that bridge and all bridges in the city. Our insurance brokers came back with the attached quote for just 200 W Center and a quote for the additional five bridges owned by the city. For $13,550 per year, with a $5,000 deductible, the $5,850,000 200 W. Center bridge would be covered unless the damage was caused by flood or earthquake. In the event of an earthquake or flood, only $1,000,000 would be covered with a $50,000 deductible. To add the remaining five bridges, valued at $1,774,200, the additional cost is $2,665 per year. Fiscal Impact The total cost per year to insure all bridges is $16,215. To insure just 200 W Center the cost is $13,550 per year. As long as there are no unusual claims against the city this fiscal year, there is enough budget authority to add this insurance. The total potential exposure if the city chooses not to insure the bridges is $7,624,200 Alternatives Insure all bridges--$16,215 per year Insure only the much newer and much more expensive 200 W Center bridge--$13,550 Self-insure the city funds any potential future damages with reserves or debt Schedule / Time Constraints Until a decision is made the bridges remain uninsured, however during this time this city is not paying a premium. List of Attachments Insurance Proposal Bridge Schedule

Clearfield City Corporation Insurance Proposal 2013-2014 Coverage Carrier Limits Deductible 13/14 Premium Travelers (A+ XV) $ 5,850,000 Bridges $ 5,000 1 Year - TBD $ 1,000,000 Earthquake $ 50,000 Inland Marine $ 1,000,000 Flood $ 50,000 $ 13,550 Total Premium $ 13,550 Options Coverage Carrier Limits Deductible Premium Change Travelers (A+ XV) $ 1,774,200 All other City owned $ 5,000 Inland Marine 1 Year - TBD $ 2,665 Lloyds of London (A+ XV) $ 5,850,000 Bridge $ 50,000 Earthquake Only 1 Year - TBD $ 5,613

Clearfield City Corporation Bridge Schedule 2013-2014 Total Property Property Protect. Year Width Length Square Const. Date No. Location GPS Description Limit Class Built (Feet) (Feet) Feet Type Valued 200 West Center Street 41.06.48.57 N Over Union Pacific, UTA 1 Clearfield, UT 84015 112.1.42.03 W $ 5,850,000 4 2000 48 350 16,800 260 E Bruce Street 41.07.04.98 N Over Davis & Weber CCC 2 Clearfield, UT 84015 112.01.11.77 W $ 156,400 4 1974 46 34 1,564 750 E 200 S 41.06.39.27 N Over Davis & Weber CCC 3 Clearfield, UT 84015 112.00.42.64 W $ 176,800 4 1965 34 52 600 S 1000 E 41.06.17.68 N Over Davis & Weber CCC 4 Clearfield, UT 84015 112.00.12.83 W $ 148,000 4 1965 40 37 1,768 1,480 350 E 300 N 41.07.04.99 Over Davis & Weber CCC 5 Clearfield, UT 84015 112.01.11.74 W $ 105,000 4 1965 35 30 1,050 600 W 800 N 41.07.31.12 N Over Union Pacific, UTA 6 Clearfield, UT 84015 112.02.07.01 W $ 1,188,000 4 1965 36 120 Totals $ 7,624,200 4,320 Signature Title Date 9/30/2013 ATC Page 1 of 1

Staff Report To: Mayor Don W. Wood and City Councilors From: Rich Knapp, Administrative Services Director Date: October 24, 2013 Re: TULIP Tenant User Liability Insurance Program Recommended Action Staff recommends the city require some or all third party users of city facilities to provide general liability insurance. Description / Background City facilities may be rented or permitted for use by third parties. These events bring additional risks to the City, which may ultimately result in claims. A TULIP or Tenant User Liability Insurance Program would provide third party users affordable General Liability protection. This insurance would protect the City and user of the facility against claims of bodily injury and property damage. Users do not need to use TULIP if they can provide evidence of their existing General Liability policy or they may obtain insurance through their own insurance agent. Enrollment in the TULIP is completed through an online portal where brief underwriting questions are completed to determine the risk and appropriate premium for the event. The user then pays their premium online and receive evidence of the insurance purchased. An email confirming purchase of the insurance coverage is sent to designated City staff verifying the TULIP is in place. If the city decides to require third party users to provider insurance, then the next decision is at what level does the city require it? Many cities will exempt events less than 50 people and/or the use of a space less than 1000 sq ft. Or exempt events not open to the public, which do not charge an admission fee, and have no need of city support. Fiscal Impact The only expense for the TULIP is the individual premiums paid by tenant users. There is no direct cost to the City for the TULIP. This city will have less risk from third party claims. Alternatives Status quo All third party use of facilities is covered under the city s general liability Have a higher or lower threshold of when to require third parties to have their own insurance Schedule / Time Constraints The city can have this effective soon after Council approval. List of Attachments TULIP Description TULIP Handout

TULIP TENANT USER LIABILITY INSURANCE PROGRAM CLEARFIELD CITY CORPORATION TULIP ensures you are protected from liability for injuries and property damage that may occur at your event or activity. Without TULIP, you may be personally responsible for paying claims for bodily injury and property damage during you event of activity. Your homeowner s insurance may be limited and not all claims will be covered. You can purchase insurance through a sponsored TULIP program, of through another private insurance carrier. (See reverse side for sample Certificate of Liability Insurance). How does TULIP work? After event information is entered into the secure website, a quote is generated and coverage can be purchased online with a credit card. TULIP provides a $1 Million General Liability, for each enrolled event. Who shouldn t use TULIP? Anyone with recurring events scheduled at the same facility. For these events a standalone insurance policy is more cost effective. You may enroll in a standalone program at olyins.com/special-events. How to purchase TULIP insurance coverage: 1. Visit olyins.com/tuliponline (or call 1.800.507.8414) 2. Enter Facility Code: 3596-000 3. Describe event or activity from drop down menu 4. Answer basic questions, enter contact and billing information 5. Purchase with credit card

TENANT USER LIABILITY INSURANCE PROGRAM (TULIP) The City s General Liability insurance program is designed to protect the City s interest in the event of third party claims arising out of bodily injury or property damage. Often, City facilities are rented or permitted for use by third parties. These events bring additional risks to City, which may ultimately result in claims. One risk management best practice is to adopt a requirement that events held on City premises provide evidence of General Liability insurance. This protects the City s interests should a claim arise at a third party activity and ensures that claims will be resolved by the responsible party. In the absence of this requirement, potential claims involving these activities could be made against the City as the owner of the facility. This can increase the City s overall cost of risk through increased claim payments even though the City may not have direct responsibility for the event. A TULIP or Tenant User Liability Insurance Program is one method to efficiently provide third party users of City facilities affordable General Liability insurance protection. This insurance program protects both the City as well as the user of the facility against potential claims of bodily injury or property damage. The only expense for the TULIP is the individual premiums paid by tenant users. There is no direct cost to the City for the TULIP. Enrollment in the TULIP is completed through an online portal where brief underwriting questions are completed to determine the risk and appropriate premium for the event. The user then pays their premium online and receive evidence of the insurance purchased. An email confirming purchase of the insurance coverage is sent to designated City staff verifying the TULIP is in place. The TULIP is not the only means of meeting this insurance requirement. Many users will already have a General Liability insurance policy and can readily provide evidence of this policy without increased cost. Also, facility users may obtain compliant general liability insurance coverage through their own insurance agent.