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HomeMy WebLinkAbout1977-24 CRA , . . . . , RESOLUTION NO. 77-24 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AUTHORIZING PURCHASE OF LIFE INSURANCE AND A.D.& D. INSURANCE TO COVER ELIGIBLE AGENCY MEMBERS . BE IT RESOLVED, by the Community Redevelopment Agency of the City of Santa Ana, as follows: 1. That the Executive Director of the Community Redevelopment Agency of the City of Santa Ana is hereby authorized and directed to contract with LaFayette Life Insurance Company for life insur- ance and A.D.&.D. insurance covering eligible members of this Agency, in the principal sum of Twenty Thousand Dollars ($20,000.00). 2. That said Executive Director is hereby authorized and directed to contract with Hartford Insurance Company for A.D.&.D. travel insurance in the principal sum of Two hundred fifty thousand dollars ($250,000.00), covering each eligible member of this Agency. ADOPTED, this 25th day of the following vote:---- , 1977, by October AYES: MEMBERS: Ward, Evans, Brandt, Bricken, Garthe, Ortiz, Yamamoto NOES: MEMBERS : ABSENT: MEMBERS: ATTEST: ~;~r CHA RMAN RICZ:: ~~ Executive Director and Recording Secretary APPROVED AS TO FORM: MI4 KEITH L. GOW City Attorney 4B