Title
Approve and authorize the following actions in connection with future Pollution Legal Liability (PLL) insurance coverage for property within the former Fort Ord:
a. That the County succeed the Fort Ord Reuse Authority (FORA) as the first-named insured for the remainder of the Pollution Legal Liability (PLL) insurance policy term (January 1, 2015 through December 31, 2024) following dissolution of FORA; and
b. That the County Risk Manager negotiate with FORA staff regarding the terms upon which the County would succeed FORA as the first-named insured for the remainder of the term of the PLL policy following dissolution of FORA.
Report
RECOMMENDATION:
Staff recommends that the Board of Supervisors approve and authorize the following actions in connection with future Pollution Legal Liability insurance coverage for property within the former Fort Ord:
a. That the County succeed the Fort Ord Reuse Authority (FORA) as the first-named insured for the remainder of the Pollution Legal Liability (PLL) insurance policy term (January 1, 2015 through December 31, 2024) following dissolution of FORA; and
b. That the County Risk Manager to negotiate with FORA staff regarding the terms upon which the County would succeed FORA as the first-named insured for the remainder of the term of the PLL policy following dissolution of FORA.
SUMMARY:
On November 4, 2014, staff presented actions in connection with future Pollution Legal Liability (PLL) insurance coverage for property within the former Fort Ord. The Monterey County Board of Supervisors and the Successor Agency to the Monterey County Redevelopment Agency independently took the following actions:
- Renewed Pollution Legal Liability (PLL) insurance coverage for the County of Monterey through participation in FORA's Pollution Legal Liability insurance policy for the former Fort Ord area for the ten year period from January 1, 2015 through December 31, 2024;
- Authorized the County Risk Manager to bi...
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