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Council approves Live Nation contract contingent on higher insurance coverage
Summary
The council authorized the mayor to sign a Live Nation contract contingent on Live Nation providing $2 million commercial general liability coverage and a waiver of subrogation after the city attorney raised concerns about a $1 million CGL limit.
Chief Rodriguez presented a Live Nation contract to the council and said the agreement had been reviewed by the city attorney, who expressed concern about a $1 million commercial general liability (CGL) limit. The attorney recommended $2 million CGL coverage and a waiver of subrogation endorsement.
Council moved to approve the Mayor to sign the contract as presented, contingent on Live Nation providing $2 million CGL and a waiver of subrogation (m/s Kannely/Worsham). The motion carried. The minutes record the contingency as a condition of signature; no vote tally was provided in the minutes beyond "the motion carried."
