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Reso 2005-801
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Reso 2005-801
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Last modified
5/17/2021 12:19:49 PM
Creation date
1/25/2006 1:57:54 PM
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Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2005-801
Date (mm/dd/yyyy)
06/09/2005
Description
– Awd Bid05-04-02:Agmt w/Vila&Son, Landscape Impv Atlantic Isle.[O’Leary]
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<br />Date May 5th, 2005 <br /> <br />::r~:".', <br />. ea. <br />'" <br />.... <br /> <br />Policy/Bond Number 050505Sunny <br />Quote 0 <br /> <br />WESTFIELD <br />INSURANCE <br /> <br />Name Vila & Son Landscaping Corp. <br />Street Address 13901 NW 118 Ave. <br />City, State, Zip Miami, FL 33178 <br /> <br />A member of Westfield Group"" <br /> <br />Policyholder and/or Bondholder Disclosure: <br />NOTICE OF TERRORISM INSURANCE COVERAGE <br /> <br />On November 26, 2002, President Bush signed into law the Terrorism Risk Insurance Act of <br />2002 (the "Act"), The Act became effective immediately and establishes a temporary Federal <br />program that provides for a system of shared public and private compensation for an "insured <br />loss" resulting from certified acts of foreign "terrorism", as defined under the Act. The Act <br />further requires that all in- force exclusions for acts of terrorism, as defined in the Act, already <br />contained in a policylbond or included as an endorsement in a policylbond, become nullified as <br />of November 26,2002, <br /> <br />Coverage for act of terrorism is included in your current policylbond and/or in any policylbond <br />quoted for you, You should know that, effective November 26, 2002, under your existing <br />coverage, any losses caused by certified acts of terrorism would be partially reimbursed by the <br />United States under a formula established by federal law. Under this formula, the United States <br />pays 90% of covered terrorism losses exceeding the statutorily established deductible paid by the <br />insurance company providing the coverage, <br /> <br />The actual coverage provided by your po licylbond for acts 0 f terrorism, as is true for all <br />coverages, is limited by the terms, conditions, exclusions, limits, other provisions of your <br />policy/bond, any endorsement to the policylbond and generally applicable rules of law, <br /> <br />During your current policylbond period, the portion or your premium that is attributed to <br />coverage for acts of terrorism is $0,00, If it becomes necessary to include a premium for <br />terrorism coverage in a future renewal of your policy/bond, you will receive notification of that <br />premium through a separate line in your policy/bond, <br /> <br />Should you have any question regarding this notice, please contact your insurance agent. <br /> <br />Agency Name <br />City, State, Zip <br /> <br />Gui2nard Company <br />Lon2wood, FL 32750 <br /> <br />Agency Code <br /> <br />9186 <br /> <br />One Park Circle. PO Box 5001 . Westfield Center, OH 44251-5001.1.8002430210. fax 3308870840 . wwwwestfieldgrp.com <br />AD 8529A II 02 <br /> <br />{'" \i i,"",\ <br />o ~ tJ <br />
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