00-0104_CAPISTRANO CORNERSTONE_Agenda Item_H1A AGENDA ITEM January 4, 2000
TO: George Scarborough, City Manager
FROM: Douglas D. Dumhart, Principal Management Analyst
SUBJECT: Consideration of First Amendment to Curator Agreement for
Montanez Adobe (Capistrano Cornerstone)
RECOMMENDATION:
By motion, approve the First Amendment to the Curator Agreement for the Montanez
Adobe and authorize the Mayor to execute.
SUMMARY:
On September 21, 1999, the City of San Juan Capistrano entered into an agreement with
Capistrano Cornerstone, Inc., for Curatorship of the Montanez Adobe. Section 3 of the
Agreement requires the City to pay for the insurance provisions of the Agreement.
Capistrano Cornerstone has secured an estimate for the requisite insurance policy and
provided it to the City.
Upon further review by staff it has become apparent that the provision requiring the City
to purchase this insurance is redundant with the City's self insurance, Joint Powers
Insurance Authority (JPIA) Coverage. Therefore, staff is recommending the First
Amendment to the Curator Agreement to eliminate the City's obligation to purchase
additional insurance coverage.
COMMISSION/BOARD REVIEW AND RECOMMENDATIONS:
Not applicable
FINANCIAL CONSIDERATIONS:
The estimate for the additional insurance coverage was $1,024 for a one-year premium.
NOTIFICATION:
Capistrano Cornerstone, Inc.
FOR CITY COUNCIL AGENDA .
AGENDA ITEM -2- January 4, 2000
ALTERNATE ACTIONS:
1. By motion, approve the First Amendment to the Curator Agreement for the
Montanez Adobe and authorize the Mayor to execute.
2. By motion, approve the First Amendment to the Curator Agreement for the
Montanez Adobe and authorize the Mayor to execute subject to modifications.
3. By motion, do not approve the First Amendment to the Curator Agreement for the
Montanez Adobe and authorize staff to purchase additional insurance.
RECOMMENDATION:
By motion, approve the First Amendment to the Curator Agreement for the Montanez
Adobe and authorize the Mayor to execute.
Respectfully submitted,
0. J2,,��' '7 4—
Douglas D. Dumhart
Principal Management Analyst
Attachment: First Amendment
C:\AGENDAS\2000\1-4MONT.AG1