(1) Consideration of an Optional Provision in the Proposed Agreement to Authorize the City to Receive a $9 per Policy Administrative Fee; and (2) Approval of a Three Year Agreement with Service Line Warranties of America to Offer Service Line Insurance Policies to Residential Property Owners for Water and Sanitary Sewer Service Lines. Item Number: A 1 Meeting Date: 03/09/2015 CITY COUNCIL AGENDA ITEM: (1) Consideration of an Optional Provision in the Proposed Agreement to Authorize the City to Receive a $9 per Policy Administrative Fee; and (2) Approval of a Three Year Agreement with Service Line Warranties of America to Offer Service Line Insurance Policies to Residential Property Owners for Water and Sanitary Sewer Service Lines. Contact Person/Dept.: Joe Susca/Public Works Administration Fiscal Impact: Yes X No Public Hearing: Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail) Agenda and Meetings City Council (03/03/15) Department Approval: Charles D. Herbertson (03/02/15) Chief Financial Officer Approval: Jeff Muir (by M. Noller) (03/03/15) Phone Number: 310 253 5636 General Fund: Yes X No Attachments: City Attorney Approval: Carol Schwab (by L. Vidra 03/02/15) City Manager Approval: John M. Nachbar (03/03/15) Action Item: X City of Culver City California Agenda Item Report RECOMMENDATION: Staff recommends the City Council (1) consider an optional provision in the Proposed Agreement to authorize the City to receive a $9 per policy Administrative Fee; and (2) approve a three year agreement with Service Line Warranties of America to offer Service Line Insurance Policies to residential property owners for Water and Sanitary Sewer Service Lines. BACKGROUND: A service line is the water pipe or sanitary sewer lateral pipe that connects from a building to the main that serves an area. Service line pipes are buried and are typically located outside a building. Many residential property owners are unaware that repair or replacement o...
Click here for full text