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R94-174 AUTHORIZING AGREEMENT - DECATUR CIVIC CENTER AUTHORITY
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R94-174 AUTHORIZING AGREEMENT - DECATUR CIVIC CENTER AUTHORITY
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7/12/2016 2:31:01 PM
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7/12/2016 2:30:59 PM
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Resolution/Ordinance
Res Ord Num
R94-174
Res Ord Title
AUTHORIZING AGREEMENT - DECATUR CIVIC CENTER AUTHORITY
Approved Date
11/7/1994
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. <br /> . � ,� <br /> shall be paid by a source other than the Authority to the <br /> limit of the liability as expressed in the insurance and <br /> reinsurance policies . <br /> 3 . 4 Miscellaneous Deductibles . There shall be paid by the <br /> Authority the first $100 . 00 of any loss or claim for damages which <br /> results from employee dishonesty, money and securities or faithful <br /> performance coverage under the terms of the self-insurance program. <br /> Any amounts in excess of $100 . 00 as a result of losses under such <br /> other than the Authorit to the <br /> coverages shall be paid by a source y <br /> extent of the liability limits as stated in the Self-Insurance <br /> Program of the City. <br /> 3 .5 Adlustment of Losses . <br /> (a) Liability. As to liability losses, the City has full <br /> authorization of the Authority to settle, pay and defend <br /> liability claims against the Authority as the City deems <br /> proper, within the liability limits of the Self-Insurance <br /> Program, provided however, if the City or its adjustment <br /> services is of the opinion that the amount of money payable on <br /> a liability claim shall exceed such liability limits, then the <br /> City shall promptly notify the Authority of such opinion at <br /> the earliest practicable time, and further, the City shall, at <br /> the request of the Authority, keep the Authority apprised of <br /> the status of such claim. <br /> -7_ I <br />
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