Title:
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RESOLUTION - APPROVAL OF AIRSPACE LEASE AMENDMENT 04-SON-101-002-05 WITH THE CALIFORNIA DEPARTMENT OF TRANSPORTATION INCREASING INSURANCE REQUIREMENT
RECOMMENDATION: The Finance Department recommends that the Council, by resolution: 1) approve the State of California Department of Transportation’s request to amend and increase the City’s required Commercial General Liability insurance coverage from $5 million per occurrence to $20 million per occurrence for the Airspace Lease Amendment 04-SON-101-0002-05; and 2) authorizes the City Manager, or their designee, to execute the Amendment and make non-substantive changes, subject to approval by the City Attorney. This item requires Council approval by resolution. This item has no impact on current fiscal year budget.
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Indexes:
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Exempt Project, Not a Project
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Code sections:
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15061(b)(3) - General Rule Exemption, 15378 - Not a Project
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