SAN JOSE I SANTA CLARA
WATER POLLUTION CONTROL PLANT
September 9, 2022
The Honorable Mayor and City Council
City of San José
200 East Santa Clara Street
San José, CA 95113
Dear Mayor Liccardo and City Council:
TREATMENT PLANT ADVISORY COMMITTEE
At its meeting of September 8, 2022, the Treatment Plant Advisory Committee (TPAC) reviewed this item concerning Recommendation to the City Council on Insurance Renewals for San José-Santa Clara Regional Wastewater Facility which will be heard by the San José City Council on September 20, 2022.
5. A. Recommendation to the City Council on Insurance Renewals for San Jos é-Santa Clara Regional Wastewater Facility
Staff Recommendation:
Recommend the City Council authorize the Director of Finance to:
(a) Select and purchase City property and liability insurance policies for the Regional Wastewater Facility for the period October 1, 2022 to October 1, 2023, at a total cost not to exceed $524,899 as well as an 18.0% contingency for additional property or assets scheduled, subject to the appropriation of funds with the following insurance carriers:
(1) Factory Mutual Insurance Company for Property Insurance, including Boiler & Machinery and Terrorism Risk Insurance Act Coverage;
(2) Beazley Syndicate 2623/623 at Lloyd’s for Terrorism Insurance; (3) Arch Specialty Insurance Company and The Princeton Excess and Surplus Lines Insurance Company for $15 million in excess flood insurance for locations in high and moderate hazard flood zones on a 50/50 quota share basis; and Gemini Insurance Company for Auto Liability Insurance for the vehicle fleets at the Regional Wastewater Facility
On a motion made by Committee Member Hardy and a second by Committee Member Turner, TPAC recommended approval of item 5. A.
Ayes - 9 (Cohen, Davis, Hardy, Harkness, Kwok, Liccardo, Montano, Turner, Watanabe) Nays - 0
Sincerely,
Kathy Watanabe, Chair
TREATMENT PLANT ADVISORY COMMITTEE
700 LOS ESTEROS ROAD " SAN JOSE, CA 95134
SUPPLEMENTAL COUNCIL AGENDA: 9/20/22
FILE: 22-1368
ITEM: 3.3