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Resolution 14,330 - Passed April 6, 2004
The City of Bethlehem will purchase and continuously maintain liability insurance coverage, from insurance carriers with an A.M. Best rating of not less than “A-“, in an amount of not less than $10.0 million.
The Mayor shall annually submit to Council, at the time of annual submission of the recommended budget, a listing of the name of the City’s insurance carrier(s), applicable policy limits, insurance deductibles, together with any other information requested from time to time by Council concerning the City’s insurance program.
In the event that material and substantial modifications or changes in the amounts of insurance coverages, the amounts of deductibles, or the scope of coverage are proposed, the same will be submitted for prior review by City Council, before any such changes are implemented.
(Ord. 4275 – Passed 9/21/04)