CITY OF CARSON - Meeting of Carson Reclamation Authority on 5/8/2018 at 4:00 PM

2018-297

Thu, 30 Mar 2023 16:37:07 GMT

File #: 2018-297
Ver.: 1
Agenda #: 1.
Type: Discussion
Title: APPROVE A SECOND AMENDMENT TO THE AGREEMENT WITH RE|SOLUTIONS, LLC ("RES") LIMITING RES' LIABILITY TO CRA FOR ANY AND ALL CLAIMS ARISING UNDER OR OUT OF THE NEGLIGENT OR IMPROPER DESIGN OF THE PILES, SUBJECT TO CERTAIN LIMITATIONS
Action:
Result:

2018-298

Thu, 30 Mar 2023 16:37:06 GMT

File #: 2018-298
Ver.: 1
Agenda #: 2.
Type: Discussion
Title: AUTHORIZE EXECUTIVE DIRECTOR TO APPROVE AND BIND COVERAGE ON A GENERAL LIABILITY OWNER CONTROLLED INSURANCE PROGRAM (OCIP) LED BY TOKIO MARINE/HCC WITH FOUR LAYERS OF EXCESS COVERAGE WITH A $200,000,000 LIMIT OF LIABILITY, AT AN ESTIMATED TOTAL COST OF $2,060,240 INCLUDING BROKER COMMISSION AND SURPLUS LINES TAXES, TO BE SHARED WITH CAM-CARSON, LLC BASED ON CONSTRUCTION VALUE; AND A TERRORISM LIABILITY (GL AND PLL) POLICY LED BY LLOYD'S-TALBOT AS THE SYNDICATE LEADER WITH A $100,000,000 LIMIT OF LIABILITY AT A TOTAL COST OF $123,840 AND A TERRORISM PROPERTY DAMAGE/SABOTAGE (BR) POLICY WITH A LIMIT OF LIABILITY EQUAL TO 100% OF THE REPLACEMENT VALUE OF ALL HORIZONTAL AND VERTICAL CONSTRUCTION COMPONENTS ($392,649,316) AT A TOTAL PREMIUM OF $110,444, BOTH TO BE SHARED WITH CAM-CARSON, LLC BASED ON CONSTRUCTION VALUES, ALL PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES, INC.
Action:
Result:

2018-299

Thu, 30 Mar 2023 16:37:06 GMT

File #: 2018-299
Ver.: 1
Agenda #: 3.
Type: Discussion
Title: AUTHORIZE EXECUTIVE DIRECTOR TO APPROVE AND BIND COVERAGE ON AN OWNER PROTECTIVE PROFESSIONAL INDEMNITY PROGRAM (OPPI) WITH BERKLEY ASSURANCE COMPANY WITH A $25,000,000 LIMIT OF LIABILITY, AT AN ESTIMATED TOTAL COST OF UP TO $407,679 PLUS BROKER COMMISSION AND SURPLUS LINES TAXES, TO BE SHARED WITH CAM-CARSON, LLC BASED ON A 60/40 SPLIT, PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES, INC.
Action:
Result:

2018-349

Thu, 30 Mar 2023 16:37:07 GMT

File #: 2018-349
Ver.: 1
Agenda #: 4.
Type: Discussion
Title: APPROVE A BUILDER'S RISK POLICY IN THE AMOUNT OF 100% OF THE REPLACEMENT VALUE OF THE HORIZONTAL AND VERTICAL CONSTRUCTION COMPONENTS ON THE COVERED PROPERTY, AT A PREMIUM ESTIMATED TO BE $906,409, TO BE SHARED WITH CAM-CARSON, LLC BASED ON CONSTRUCTION VALUES, ALL PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES, INC.
Action:
Result: