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Reso 2004-694
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Reso 2004-694
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Last modified
5/17/2021 3:44:52 PM
Creation date
1/25/2006 1:57:40 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2004-694
Date (mm/dd/yyyy)
07/22/2004
Description
– Bid Award 04-05-01 Imperial Elec. of Ft. Lauderdale, Samson Park Lighting.
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<br />NOTICE FROM SURETY REQUIRED BY <br />TERRORISM RISK INSURANCE ACT OF 2002 <br /> <br />In accordance with the Terrorism Risk Insurance Act of 20U2 (referred to <br />hereinafter as the "Act"), this disclosure notice is provided for surety bonds on <br />which one or more of the following companies is the issuing surety: Liberty <br />Mutual Insurance Company; Liberty Mutual Fire Insurance Company; LM <br />Insurance Corporation; The First Liberty Insurance Corporation; Liberty <br />Insurance Corporation; Employers Insurance Company of Wausau (formerly <br />"EMPLOYERS INSURANCE OF WAUSAU A Mutual Company"); Peerless <br />Insurance Company; and any other company that is a part of or added to the <br />Liberty Mutual Group for which surety business is underwritten by Liberty Bond <br />Services (referred to collectively hereinafter as the "Issuing Sureties"). <br /> <br />NOTICE FORMS PART OF BOND <br /> <br />This notice forms part of surety bonds issued by anyone or more of the Issuing <br />Sureties. <br /> <br />DISCLOSURE OF PREMIUM <br /> <br />The premium attributable to any bond coverage for "acts of terrorism" as defined <br />in Section -102(1) of the Act is Zero Dollars ($0.00). <br /> <br />DISCLOSURE OF FEDERAL PARTICIPATION <br />IN PAYMENT OF TERRORISM LOSSES <br /> <br />The United States will reimburse the Issuing Sureties for ninety percent (90%) of <br />any covered losses from terrorist acts certified under the Act exceeding the <br />applicable surety deductible. <br /> <br />LMIC-6539 <br /> <br />2/03 <br />
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