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HomeMy WebLinkAboutMINUTES - 09241991 - 1.68 i HOUSING AUTHORITY OF THE COUNTY Or. CONTRA COSTA _- 1 OGS I TO: Board of Commissioners DATE: September 24, 1991 FROM: Perfecto Villarreal cc: SUBJECT: Award of Automobile Liability Insurance 1 . RECOMMENDED ACTION: Approve award of Automobile Liability Insurance at cost of $35,519 to Eaton and Eaton Insurance of Fresno, California at cost of $35,519, as recommended by the Advisory Housing Commission. 11 . FINANCIAL IMPACT: The amount of $35,519 will be paid from funds budgeted in the 1991-92 Housing Authority' s Operating Budget. Sufficient funds are available to pay for this insurance. I11 . REASONS FOR RECOMMENDATION/BACKGROUND: On September 9, 1991, the Housing Authority opened bids on automobile liability insurance for Housing Authority vehicles for a one year period beginning October 1, 1991. Two bids were received. A copy of the Abstract of Bids is attached. The lower bidder was Eaton and Eaton Insurance of Fresno, California at a bid of $35,519. The insurance carrier will be the Northbrook Property and Casualty Company. At its regular meeting on September 16, 1991, the Advisory Housing Commission voted to recommend approval of the award of automobile liability insurance contract for the period of October 1, 1991 to September 30, 1992 to Eaton and Eaton Insurance at a cost of $35,519. f IV. CONSEQUENCES OF NEGATIVE ACTION: If the Board of Commissioners fails to award this insurance contract;, the Housing Authority would be forced to seek insurance bids at a probable higher cost and run the risk of not having insurance liability coverage for a period of time, since the current coverage terminates on September 30,1991. CONTINUED ON ATTACHMENTt YES SIONATUIIEI � � RECOMMENDATION Of EAECUI IV[ DINECION RECOMMENDATI N Of BOARD COMMIITTEE APPROVE OTHER SIGNATURE(S) ACTION Of BOARD ON APPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS L UNANIMOUS (AnSENT _ 1 I IIEREIIY CERTIFY THAT THIS A TRUE AND AYES: NOES: CORRECT COPY Of AN ACTION TAKEN AND ABSENT: _ ABSTAIN:: ENTERED Of( TIIE MINUTES Of THE BOARD Of COMMISSIONERS ON THE HATE SHOWN. CC: ATTCSTEOZ _ �5z� /9�� Phll Batchelor. Clerk of the Board of Commissioners M3e2h-e3 It . DEPUTY