A. The Director, acting for the City Manager, is authorized to enter into, on behalf of the City, any appropriate commercial insurance, alternative risk financing and surety bonding contracts to provide such risk insurance as he determines to be in the best interests of the City; and, upon the approval of the City Attorney, to execute all such contracts.

B. The Director is authorized to purchase and contract for appropriate owner-controlled insurance policies for the City as owner of any construction project where the procurement requirements have specifically directed the bidders to delete any specific or all insurance costs from bid computation. Under an owner-controlled insurance program, the City may, notwithstanding the provisions of Section 42-18, agree to indemnify parties contracting with the City to provide services in connection with the construction project for an amount equal to the insurance policy deductible.

C. The Director may, notwithstanding the provisions of Section 42-18, enter into agreements for the purchase of uninsured/underinsured motorist coverage up to but not to exceed the minimum requirements under State law, with automobile insurance carriers, such payments to be available only as available under general uninsured/underinsured motorist provisions of law.

D. The Director, with the approval of the City Council, as part of a compensation plan for employees, may purchase and pay from trust funds premiums on policies of insurance which would provide liability protection to employees of the City when acting outside the course and scope of their employment (but with the approval of the City as to such outside employment); or provide liability insurance to officers, directors and members of corporations created at the City’s request; upon a finding that the purchase of such insurance and the premium payments thereof by the City is an appropriate condition of obtaining the employment or services of employees or the services of individuals as officers and directors of such corporations. The purchase of such policies of insurance shall in no way be construed as an admission of liability of the City for any acts or events giving rise to a liability claim covered under the terms of any such policy.

E. The Director may arrange for insurance and/or self-insurance coverage with regard to City-owned vehicles operated by City employees outside the course and scope of employment but with authorization pursuant to applicable administrative regulations.

F. Risk management costs including such insurance as is purchased by the Director under this section shall be paid by the trust and allocated to departments consistent with methods used in Section 42-7(C). (Ord. No. G-3536, § 1; Ord. No. G-4186, §§ 1, 2, 1999; Ord. No. G-4408, § 3, 2002; Ord. No. G-5618, 2011)