City Council

8H. Finance - Approve Renewal of Automobile Physical Damage Insurance\nCoverage and Authorize Finance Director to Execute the Policy. Expenditure:\n$240,687 (Non-General Fund).\nRecommendation of the Finance Director that City Council\n1) Approve renewal of automobile physical damage insurance coverage from The\nHanover Insurance Group , Inc. through Alliant Insurance Services, Inc. of Newport\nBeach, CA at a premium in the amount of $240,687 plus taxes and fees for a one-year\nperiod beginning July 1, 2023 and ending July 1, 2024; and\n2) Authorize Finance Director or designee to execute the insurance binder.