City of Racine - File #: Res.14-0196

• File #: Res.14-0196
• Version: A
• Name: Reduce BUS Physical Damage Catastrophic Insurance Coverage
• Type: Resolution
• Status: Passed
• File created: 5/6/2014
• In control: City Attorney's Office
• Final action: 5/6/2014
• Title: Reduce BUS Physical Damage Catastrophic Insurance Coverage Resolved, that the physical damage catastrophic insurance coverage on Belle Urban System vehicles be set at 80% of purchase price effective January 1, 2015. Fiscal Note: This is expected to reduce annual insurance costs by $10,000.00 to $15,000.00.
• Sponsors: Raymond DeHahn
• Related files: 14-10073

Date	Ver.	Action By	Action	Result
5/6/2014	A	Common Council	Adopted	Pass

Sponsor

Alderman DeHahn

Title

Reduce BUS Physical Damage Catastrophic Insurance Coverage

Resolved, that the physical damage catastrophic insurance coverage on Belle Urban System vehicles be set at 80% of purchase price effective January 1, 2015.

Fiscal Note: This is expected to reduce annual insurance costs by $10,000.00 to $15,000.00.