HomeMy WebLinkAbout09 - Property Insurance RenewalJuly 9, 2002
Agenda Item 9
City of Newport Beach
Human Resources Department
Memorandum
To: - Mayor and Members of the City Council
From: Lauren F. Farley, Risk Manager
Subj: Property Insurance Renewal
Recommendation
The City Council approve the renewal of the entire property insurance coverage
program outlined in Attachment B for FY 02/03 for a total premium of $634,110.
Appropriate funds exist in the budget (# 6020 -8721 & 8726) to cover this
expenditure.
Background
The city purchases property insurance for all its real and personal property
assets (Attachment A — Schedule of Properties) consisting of All Risk, Boiler and
Machinery, Earthquake, Flood and Watercraft coverage. Our broker, Mark
Zahoryin of Cal Surance, selects the markets that have municipal property
experience, depth of coverage and a competitive annual premium. Last year's
coverage had an annual premium of $ 399,796.
However, the property insurance market has become extremely less favorable
for the same level of coverage for this year's renewal due in part to the tightening
of underwriter standards, paid losses in the markets exceeding earned premiums
and the catastrophic loss at the World Trade Center on September 11, 2001.
Premium increases across the state of California in the public sector have ranged
anywhere from 40 to 125 %. The city's property renewal is approximately a 59%
increase in premium rates from FY 01/02 to FY 02/03 for a total of $636,239.
The schedule of insurance for the city's real and personal properties for All Risk,
Boiler and Machinery, Difference in Conditions (Earthquake and Flood),
Watercraft and Earthquake & Flood for the Newport and Balboa piers plus
specific information on insurance companies, premiums, policy limits and
deductibles are all listed in Attachment B.
Attachment A
REAL & PERSONAL PROPERTY
SCHEDULE OF LOCATIONS
ATTACHMENT A
LOC #
CITY HALL SITE
DESCRIPTION /ADDRESS
CONSTRUCTION
1.
Main City_ Hall
3300 Newport Blvd.
Concrete Blk.
2.
City Hall Annex
3300 Newport Blvd.
- -
3.
Council Chambers
3300 Newport Blvd.
Concrete Blk.
4.
Multi- Purpose Bldg.
3300 Newport Blvd.
Frame Stucco
5.
Parks & Rec. Bldgs.
3300 Newport Blvd.
F.S. & Conc. Blk.
POLICE DEPARTMENT
Fire Stn. #6
1348 Irvine Ave.
6.
Police Station
870 Santa Barbara
Concrete
91:741- -11_`4t672
7.
Fire Stn. #1
110 E. Balboa Blvd.
Frame Stucco
8.
Fire Stn. #2
32nd St. & Newport BI.
Frame Stucco /Blk.
9.
Fire Stn. #3
124 Marine Ave.
Wood Frame Stucco/
17.
Central
Balboa Island
2 Story
10.
Fire Stn. #4
868 Santa Barbara
Concrete
11.
Fire Stn. #5
410 Marigold
Frame Stucco
12.
Fire Stn. #6
1348 Irvine Ave.
Concrete Blk.
MARINE SAFETY
13. Lifeguard Headquarters Newport Pier F.S. & Conc. Elk
LIBRARIES
14.
Balboa
100 E. Balboa Blvd.
Concrete Blk.
15.
Corona Del Mar
420 Marigold
Frame & Fr. Stucco
16.
Mariners
2005 Dover Drive
Fr. Stucco & Brick
17.
Central
1000 Avocado Ave.
Steel Frame, Stucco
Exterior (Sprinklered)
UTILITIES SERVICE YARD
18.
Building 1
949 W. 16th
Masonry
19.
Building 2
949 W. 16th
Masonry
20.
Building 2A
949 W. 16th
Masonry
21.
Building 3A
949 W. 16th
Masonry
22.
Building 3B
949 W. 16th
Masonry
23.
Building 4
949 W. 16th
Masonry
nP PmPadymz182(a)dw.d0C 1 (07102)
Real & Personal Property
Schedule of Locations (Continued)
UTILITIES SERVICE YARD (Cont'd)
24.
Building 5
949 W. 16th
Masonry
25.
Building 5A
949 W. 16th
Masonry
26.
Building 6
949 W. 16th
Masonry
27.
Building 6A
949 W. 16th
Masonry
28.
Building 7
949 W. 16th
Metal
29.
Building 8
949 W. 16th
Masonry
CITY
CORPORATION YARD
30.
Administration & Warehouse
592 Superior
Frame & Steel
31.
Administration
591 Superior
Reinforced Concrete
32.
Carpenter & Sign Shop
592 Superior
Reinforced Concrete
33.
Automotive Shop
592 Superior
Reinforced Concrete
34.
Covered Storage Shed
592 Superior
Steel Frame No Wall
35.
Covered Storage Shed
592 Superior
Steel Frame/Reinf. Conc
36.
P. B. & R Field Storage
592 Superior
Reinforced Concrete
37.
Gasoline Station
592 Superior
Steel Frame/No Walls
38.
Parks Office & Lunch Room
592 Superior
Frame
39
Covered Storage Shed
592 Superior
Steel Frame
40.
Covered Storage Shed
592 Superior
Steel Frame
COMMUNITY
YOUTH CENTER
41.
Community Hall
5th & Iris
Frame
CARROLL BEEK CENTER
42.
Community Center
115 Agate
Concrete Blk.
43.
Sr. Citizens Center
5th & Marguerite
---
44.
Theater Arts Center
2501 Cliff Dr.
Frame
MARINA PARK
45. Park Office 1770 W. Balboa Blvd. Frame
46. Storage Bldg. 1770 W. Balboa Blvd. Frame
BOY SCOUTS
47. Clubhouse 301 Riverside Frame
nPPMPenYMZ182(a)dw.d0C 2 (07 /02)
Real & Personal Property
Schedule of Locations (Continued)
GIRL SCOUTS
48. Clubhouse
BIG CANYON RESERVOIR
49.
Control Building
50.
Storage Garage
51.
Pump Building
52.
Dwelling
53.
Private Garage
54.
Mobile Home
MISCELLANEOUS
55.
Zone V. Pumphouse & Electrical
56.
Restroom
57.
Restroom
58.
Restroom
59.
Restroom
60 -61. Restrooms (2)
62.
Restroom
63.
Restroom
64.
Restroom
65.
Restroom
66-67. Restrooms (2)
68.
Restroom & Laundry
69.
Restroom
70.
Restroom
71.
Restroom
72 -73. Outbldgs. (2)
74.
Dwelling
75.
Storage /Garage
76.
Lawn Bowling Bldg.
77.
Mobile office
78.
Theater
79.
- --
wv�zl$2(e)dw.dw 3 (09/02) 1
17th & Balboa Blvd.
Pacific View Drive
Pacific View Drive
Pacific View Drive
Pacific View Drive
Pacific View Drive
Pacific View Drive
West Newport
E. Bay & Washington
Balboa Pier
Buck Gulley
Big Corona Beach
McFadden
15th Street
19th Street
Irvine Terrace Park
Buffalo Hills Park
Marina Park
56th Street
38th & Balboa
5th & Golden Rod
5th & Golden Rod
204 -44th St.
1901 Bayside
1550 Crown Dr. North
1701 3/4 Ford Road
707 Balboa Blvd.
883 W. 15th Street
Frame
Concrete
Concrete Blk.
Concrete Blk.
Frame Stucco
Frame Stucco
Mobile Home
Noncombustible
Concrete Blk.
Concrete Blk.
Concrete Blk.
Concrete Blk.
Concrete Blk.
Concrete Blk.
Concrete Bilk.
Frame Stucco
Concrete Bilk.
Frame Stucco
Brick
Concrete Bilk.
Concrete Blk.
Concrete Blk.
Concrete Blk.
Wood Frame
Wood Frame
Brick
Mobile Office
Real & Personal Property
Schedule of Locations (Continued)
Loc # Site
PUMP STATIONS
Description Address
Construction
80.
62nd Street
515'/2 Canal Street
81.
Newport Pier
9 Newport Pier
82.
Lido Island
102 Piazza Genoa
83.
Baby Island
21 '/ Bay Island
84.
Linda Island
'/ Linda Island
85.
Harbor Island
36'/ Harbor Island Drive
86.
Collins Island
Y2 Collins Island
87.
Diamond
106 %2 Diamond Avenue
88.
Section 5
100'/ Jade Avenue
89.
19th Street
49 Y2 Starfish Court
90.
Harbor Ridge
25'/2 Vienna
91.
Carnation
2323 Y2 Bayside Drive
92.
China Cove
2699 Y2 Cove Lane
93.
Main Beach
3299'/ Breakers Drive
94.
Buck Gully
3733 %2 Ocean Blvd.
95.
Cameo Shores
117'/ Milford Drive
96.
Polaris
1019'/ Polaris Drive
97.
Mariners
950'/ Mariners Drive
98.
Jamboree
3001'/2 Jamboree Road
99.
Bren Tract
1799 Port Sheffield Place
100.
Back Bay
Below 2149 Vista Entrada
101.
Ford Road
2779 %2 Ford Road
102.
Bison
1201 %2 Belcourt Drive North
103.
Zone 3 Pump Station
3300 Pacific View Drive
104.
Zone 4 Pump Station
3300 Pacific View Drive
105.
Zone 5 Pump Station
39 %2 Morro Bay
106.
Zone 5 Aux. Pump St.
Hillsborough
107.
16th St. Pump Station
951 W. 16th Street
108.
Dolphin Avenue Wells
9649 Dolphin Ave., Fountain Valley
109.
Tamura School Wells
17399 Magnolia Ave., Fountain Valley
110.
Big Canyon C -Club
On Jamboree Road
111.
Newport Beach C. Club
On Santa Barbara
rtp Pmperty� 82(a)dw.dac 4 (07102)
Real & Personal Property
Schedule of Locations (Continued)
Parks. Community Centers & Pools
Loc # Site
112. Balboa Community Center
113. Bayside Park
114.
Bayview Park
115.
Begonia Park
116.
Big Canyon Park
117.
Bob Henry Park
118.
Bolsa Park
119.
Bonita Creek Park & Community
131.
Center
120.
Buffalo Hills Park
121. Carroll Beek Community Center
122.
Castaways Park
123.
Channel Place Park
124.
Cliff Dr. Park & Community
131.
Center
125.
Corona Del Mar State Beach
126.
Eastbluff Park & Eastbluff Boys
& Girls Club
127. Ensign View Park &
Center
128. Galaxy View Park
Description Address
1714 Balboa Blvd. West
Bayside Dr. Between Carnation
and Larkspur, Com
Mesa Dr. @ Bayview Ave.
Begonia Ave. At First Ave., Com
Jamboree Between San Joaquin
Hills & Eastbluff Dr.
Dover Dr. @ 16"' St.
Bolsa Ave. @ Old Newport Blvd.
University Dr. @ LaVida
Newport Hills Dr. East/West @
Ford Rd.
115 Agate Ave. East of Bayfront,
Balboa Island
Dover Dr. @ 16th St.
Channel Place @ 44`" St.
Cliff Dr. @ Riverside Dr.
Ocean Blvd. @ Jasmine Ave., Com
Vista Del Oro @ Vista Del Sol
Theater Arts 2501 Cliff Dr. @ El Modena Ave.
129.
Gateway Park
130.
Grant Howald Park &
138.
Community Youth Center
131.
Harbor View Nature Park
132.
Inspiration Point
133.
Irvine Terrace Park
134.
Jasmine Creek View Park
135. Kings Road Park
136.
"L" Street Park
137.
Las Arenas Park
138.
Lido Park
139.
Lincoln Athletic Center
140. Lookout Point
npprap"nMz182(a)dw.dm 5 (07102)
Galaxy Dr. Between Polaris &
Mariners Dr.
Comer of Via Lido & Newport Blvd.
Iris Ave. @ 5 "' Ave., Com
San Miguel Dr. @ Pacific View Dr.
Ocean Blvd. @ Orchid Ave.
Seadrift Dr. @ Evita Dr.
Harbor View Dr. @ Marguerite
Ave.
Kings Road West of St. Andrews
Rd.
"L" Street @ Del Sur
Balboa Blvd. @ 16t" St.
Via Lido Entrance to Lido Island
Pacific View Dr., South of San
Miguel Dr., Com
Ocean Blvd. Between Goldenrod
& Heliotrope
Construction
Real & Personal Property
Schedule of Locations (Continued)
Parks, Community Centers & Pools
Loc #
141
142
143
144.
145.
146.
147.
148.
149.
150.
151.
152.
153.
154.
155,
156,
157.
158.
Site
"M" Street Park
Marian Bergeson Aquatic Center
Mariners Park & A. Vincent
Jorgensen Comm. Ctr
Myrtle Park
Newport Aquatic Center
Newport Island Park
Newport Harbor High School
Pool
Newport Shores Park
North Star Beach
Oasis Senior Citizens Center &
Passive Park
Old School Park
Peninsula Park
Rhine Wharf Park
San Joaquin Hills Park & Lawn
Bowling Center
San Miguel Park
Spyglass Hill Park
Spyglass Hill Reservoir Park
Sunset View Park
159.
Upper Newport Bay Regional
166.
Park (County)
160.
Veterans' Memorial Park
161.
Westcliff Park
162.
West Jetty View Park
163.
West Newport Community
Center
164.
West Newport Park
165.
38`h Street Park
166.
Orange Coast Harbor Dept.
167.
Orange Coast College
168.
Newport Aquatic Center
169.
le & 191h Street
WmPeft mM2(a)".d. 6 (07102)
Description Address
"M" Street @ Serrano
Eastbluff Dr. @ Vista Dr.
Dover Dr. @ Irvine Ave.
829 Harbor Island Dr.
North Star Beach /One Whitecliff Dr.
Marcus @ 3e St.
Irvine Ave. @ 15'h St.
615` St. @ Coast Blvd.
One Whitecliff Dr.
800 Marguerite Ave. @ 5h Ave.,
Com
Carnation Ave. @ 4`h Ave., Com
Main St. @ Oceanfront, Balboa
Lido Park Dr.
San Joaquin Hills Rd. @ Crown Dr.
Construction
San Miguel Dr. @ Spyglass Hill Rd.
Spyglass Hill Rd. @ El Capitan Rd.
Muir Beach Circle
Superior Ave. Between Ticonderoga &
Coast Hwy. W.
Irvine Ave. @ University Dr.
15`h St. @ Bay Ave.
Westcliff Dr. @ Polaris Dr.
Ocean Blvd. @ Channel Road, Balboa
883 West 15`h St. Between Monrovia &
Placentia
Seashore Dr. Between 57h St. & River
Jetty
Balboa Blvd. @ 38`h Street
1901 Bayside Dr.
1801 W. Coast Hwy.
North Star Beach /One Whitecliff Dr.
Balboa Peninsula Facing The Bay
si
�z
H
C)z
W
WW
Z
Lai
O
H
i�
u
0
O W
i
a =
u7 �!
V
LU 14
O
V
0
C
� c
W
U
0
m
GN? di
G
�
�
O
E
N
v o o
E ID aD000
O 0 0 0 0 0
J = 0 0 0 Ld
4•
t~D_ lei O O O f00 fMfi
U C C N O�
v
� ��fisisafrr�
a° o�
0
Co 0
CL
\
N C J C CD fA C
IT
r C>
o t=
v £E�c
Q.
m E 'y
to
(D
00 E w
a) 4y E •2 N 'o
'=i
CO m 0 m> C/)
[O (n 2 fA
0
A
ul
p
p
o
m
o
p
o
w
C
C T t
E
E
a
n¢
E 5
OU
V
n
dcN
m
L N S
CL C
C d
aJ
SW✓
d)
U
A
N
n is
w
a 2
N
O (g
Y
N
6.
� 6l
c 'O
Q m
Ml
O
N
to
d
Z
V d
tO V
m A
0 �
p �N
3 O O
z =�
u°
In
2
N
0
0 O t
gN��
a FES
c
L E
°
° 4 �
o
o E � LO �
�
C
c
>
c
>
c
c
>
EQ
A N C o N t)
d
r� S E c°\i to
n
n
n
U
Q
Q
v
d Y
N
N
4
L °
o a
3
O
y
d
U W LL Q
D
O
O
N
N
yN
N
r
ON N
r
O
r
O
r
O
O r
LOO
O
01 C!
°
LOO
O N
d
t0 r
O I� to
(A
�
'1 C
O
tD
O N (D
Lq
O
LO Lf)
L M
U f� V
O M—
^ N �
M
69
W N W
69 + 69
N ,F fA
V> + VJ
69 + 69
C
O
O
O O O
° v °
° °
O
°
O°
O
°
N O
V
m o
C O
O -
0 0
o
O
OOD OOD LL'1 LOO
p ri
O .E ,0
C L
W
Lq
n jy OI N a 2
N
N 6 9
O 64
C5
N J
d d
0
to
O O O
16
N
E O
d y
_ E
U
.. N
`a°3
y eM
_° .t
d d C C
0 CL
E
E
�
Ad -tu _m 6
w
L
W
5c�
N 0 m MM y m I d
2f z m m m
A
O
O
O
O
O
G
o
0
0
0
0
0
0
0
0
0
R
O
O
O
O
O
O
O
O
O
O
yj
O
O
O
O
O
X
U
X
X
X
Q
Q
Aa>
.= v
n oL
jZ EE c .o
c oL
m c .o
°. c�
ii Eo c .o
NJ Er�
>.��
8"M
P Q.
d OQ•
oli Q'
c .. E
C°D E
u`"i t°�� E
E } .. E
o"i c°i •- E
mm<
L°ma
2 L
N OmO
mo
.2
wwmO
a3imQ
�,Z�,MO
m
N 0m O
dUQZ
�QZ
3:.E QZ
(7 OQZ
N
N
N
N
N N
N x
fq
N x
Tyr
�..LO
W
x
W
.�°- W
x
C °LL
L�O
y
M
a
c
2-2
Ta
a
c 8
c
c
H L$
?G -' d
d
?G =
d
ij! a
oaa
6¢a
oaa
oaa
¢Nz
2
MI
O
M
M
d
L
V d
C
y �
y
c5 r
d o
z =�
oq�
O
Uvt�
Q
uj
LL
W
N
LL 0
U
0
a
O
2
W
W
N
w
0
2
O
W y
U' O
y
U
U O
za
H
y O
Z F
J rz W J
Q
� a
U 2
� O
2
wO U
U :2
W W cc
W
U
O
Q
H
Q
W
2
W2
(S
a
i
O
W
pJ
N
rn
2
at
a m
�.=`o
•c � at
to E
CL v
n E
m
C
S_ c �
•Op
c°� t o
�
CL
U
O Y E
O Q� w
a
m m
a
O
°Oaw °O cu
C> rw
°o
o y
t0 'O C O
O
uO'') tOO
a
d
LL
d
LL
S4
d
d
LL
X
X
N
X
N
~°'•
al
�
N
E
°
onto
-
�rnv
n
^v
Om�
CD
°v
A a0
cq O^
OCiOnm
M
tC)
Rt
f0
N
+
+
+
GN?
O
O
O
U
a
O O
O O O
O O
O O
p -
0 a j.
tOfl N W
tOfl w
Wk
tOfl N
O
J
V 3
r
1 H
M N
O bA
fp
O
R•
E
J�
J K h
J I--•'
J X
E
Q
O
O
O
O
tS
o
0
0
0
0
W
O
O
O
O
O
A
o
0
0
0
0
Yom..
O
O
O
O
O
X
X
X
X
U X
T
Q
Q
c Ca
nUa
c a
a
•O
V
N9 C"O
J O
EO
Cl
C/) G�
O O
3'w
:2 V
2
EL
C
LL
Q
V
3�E
c �E
°D � E
yicyE
y w
a
Ta m a
S-' yma
a-Oi
E m
X20
NOrGO
O N� O
dC�0
�rG •EO
rLQZ
tLUQZ
d' C Q Z
}jJQZ
IL Q Q
d
L
1
p, y�
etf
o a23
-aL- n
a n
T
to
t1 �O
m
d
N d
N d
m
m
-
aQp
- eZJ
a
e
d3
LO g
g
;
d N
��L
N CL
l L N Z
W N Z
l L m
L L m N
Q
uj
LL
W
N
LL 0
U
0
a
O
2
W
W
N
w
0
2
O
W y
U' O
y
U
U O
za
H
y O
Z F
J rz W J
Q
� a
U 2
� O
2
wO U
U :2
W W cc
W
U
O
Q
H
Q
W
2
W2
(S
a
i
O
W
pJ
N
rn
2