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Home My WebLink About620111.tiffAWARDING ALL RISK POLIO --.OR VOTING MACHINES: WHEREAS, the Board of County Commissioners, Weld County, Colorado, called for bids for an All Risk Insurance Policy for the 130 voting machines, BE IT RESOLVED, that after careful examination and due consideration of the bids presented for an All Risk Policy for the 130 voting machines wherever they may be located within Weld County, Colorado, the Board of County Commissioners do and hereby award said contract to Connecticut Fire Insurance Company, Lott Agency, Inc., said policy attached hereto and made a part of this resolution. The above and foregoing resolution was, on motion duly made and seconded, adopted by the following vote: AYES: /...:_,'.. DATED: AUGUST 8, 1962 72( E BOARD OF CO�' COMMISSIONERS 1V1� WELD COUNTY, COLORADO • �.� 620111 a O w C-. U H r-7CD 'a a co a m n •- ti H (O N CC W O. H Z. a H H ,n' a >, .--I ' Q li U • Q C N CD O a> EN U 2 osin 0-i u ¢e3. O 2 ne.<C H J' O Q > .-1 S''"EDULED PROPERTY FLOATER POLIO' No. SP 8 { 5120 STOCK COMPANY AMOUNT $ 221,000.00 RATE .25/.675 PREMIUM $ 1,566.33 In consideration of the stipulations herein named and of One Thousand Five Hundred Sixty Six and 33/100 .dollars premium does insure COUNTY OF WELD hereinafter called the Assured, whose address is % County Connnissioners Office, Court House Building, Greeley, Colorado from the 9th day of August 19 62 , at noon, to the 9th day of August 19 65 , at noon, Standard lime at place of issuance to an amount not exceeding Two Hundred Twenty One Thousand and No/100— DEFERRED PREMIUM PAYMENT ENDORSEMENT deism Attached to and forming part of Policy No. 815120 of the Connecticut Fire Insurance Company Name of Assured COUNTY OF WELD In consideration of the rate for the policy to which this endorsement is attached, and the provisions of this endorsement, the total premium of $ 1,566.33 is made payable in three equal installments as follows: AMOUNT DATE DUE $522.11 8/9/62 AMOUNT $522.11 DATE DUE 8/9/63 AMOUNT DATE DUE $ 522.11 8/9/64 Default in making any payment shall be construed as a request of the Assured +o cancel this policy, in which case this Company shall, upon demand and surrender of this policy, or after five days' written notice to the Assured, comply with said request. If +his policy is canceled, either at the request of the Assured or a+ the election of the Company, the Company shall refund to the Assured only the excess of paid premium over earned premium. In the even+ the earned premium exceeds the paid premium the Assured shall pay the Company the difference. This policy;n all other respects remains unchanged. Date August 9,. 1962 Form 3445 (12-5P) 2-630 t� . iCCt i LOTT INSURANCE AGENCY Agent on the following described property: SCHEDULED PROPERTY FLOATER FORM Form 3016 (4-60) Printed in U.S.A. 2-630 of the Attached io and forming part of Policy No. SP 815120 Connecticut ;ire .._ Insurance Company $221,000.00 — Covering on 130 voting machines (x1700,00 each. Wherever they may be located within Weld County, Colorado THIS POLICY INSURES AGAINST :,o.) ',IA i .Oc•t4.i H.1,). rt. -*A ALL RISKS OF DIRECT PHYSICAL LOSS OF OR MACE TO THE PROPERTY COVERED, EXCEPT AS PROVIDED ELSEWHERE IN THIS POLICY. THIS POLICY DOES NOT INSURE AGAINST: (a) Lou or damage caused by wear and tear, gradual deterioration, latent defect, inherent vice, moth or vermin, 3E0ds(tilliR. (b) Infidelity of Assured's employees or persons to whom the insured property is entrusted; (c) Loss or damage to electrical appliances or devices of any kind, including wiring, by electrical injury thereto or electrical disturbance thereof from artificial causes unless fire ensues, and then for the loss by fire only; (d) Breakage of glass or other brittle articles or parts, unless caused by fire, theft or attempted theft, explosion, tornado, earth- quake, or caused by collision, derailment or overturn of the vehicle in which the property is being transported; (e) (f) Lou or damage caused by or resulting from: (I) hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual, impending or expected attack, (a) by any government or sovereign power (de jure or de facto), or by any authority maintaining or using military, naval or air forces; or (b) by military, naval or air forces; or (c) by an agent of any such government, power, authority or forces; (2) any weapon of war employing atomic fission or radioactive force whether in time of peace or war; (3) insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, com- bating or defending against such an occurrence, seizure or destruction under quarantine or customs regulations, confis- cation by order of any government or public authority, or risks of contraband or illegal transportation or trade. The provisions printed on the back of this form are hereby referred to and made a part hereof. Date Aaignst...9,..1962 Agent LOTT INSURANCE AGENCY Provisions referred to in and made a part of this form. (g) If +his policy insures against the peril of fire, Clause A below shall apply, but if this policy does not insure against the peril of fire, Clause B below shall apply, as follows: A. This Company shall not be liable for loss by nuclear reaction or nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, and whether such loss be direct or indirect, proximate or remote, or be in whole or in par+ caused by, contributed to, or aggravated by the perils) insured against in +his policy; however, subject to +he foregoing and all provisions of This policy, direct loss by fire resulting from nuclear reaction or nuclear radiation or radio- active contamination is insured against by This policy. B. This Company shall not be liable for loss by nuclear reaction or nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, and whether such loss be direct or indirect, proximate or remote, or be in whole or in part caused by, contributed +o, or aggravated by the peril(s) insured against in this policy. This Company shall be liable, in even+ of loss, for no greater proportion thereof than the amount insured bears to the actual value of the property described herein at the time when such loss shall happen. If this policy covers two or more items, this condition will apply to each item separately. If at the time of loss or damage +here is any other valid and collectible insurance which would attach if this insurance had not been effected, this insurance shall apply only as excess and in no event as contributing insurance, and then only after all such other insurance has been exhausted. This insurance covers only within the limits of the Continental United States and Canada unless otherwise endorsed hereon. DEDUCTIBLE CLAUSE: Each claim for loss or damage, caused by malicious mischief or vandalism, shall be adjusted separately and from the amount of each adjusted claim the sum of $50.00 shall be deducted. on the following described property: (Attachment of Rider) This policy is made and accepted subject to +he foregoing provisions and stipulations and those hereinafter stated, which are hereby made a part of this policy, together with such other provisions, stipulations and agreements as may be added hereto, as provided in this policy. In Witness Whereof, this Company has executed and attested these presents, but +his policy shall not be valid unless countersigned by a duly authorized agent of the Company. �r Countersigned at Greeley, Colorado this 9th day of August, 1962 Perm 306$ (1DM) Printed In U.S.A. 1-630 69,4a. ?Gs -f —&n+idwu ... WIT INSURANCE AGENCY q i ,' Agent CONDITIONS I. Misrepresentation and Fraud. This policy shall be void if the Assured has concealed or misrepresented any material fact or circumstance concerning this insurance or the subject thereof or in case of any fraud, attempted fraud or false swearing by the Assured touching any matter relating to this insurance or the subject thereof, whether before or after a loss. 2. Notice of Loss. The Assured shall as soon as practicable report to this Company or its agent every loss or damage which may become a claim under this policy and shall also file with the Company or its agent within ninety (90) days from date of loss a detailed sworn proof of loss. Failure by the Assured to report the said loss or damage and to file such sworn proof of loss as hereinbefore provided shall invalidate any claim under this policy for such loss. 3. Examination Under Oath. The Assured shall submit, and so far as is within his or their power shall cause all other persons interested in the property and members of the house- hold and employees to submit, to examinations under oath by any persons named by the Company, relative to any and all matters in connection with a claim and subscribe the same; and shall produce for examination all books of account, bills, invoices, and other vouchers or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the Company or its representatives, and shall permit extracts and copies thereof to be made. 4. Valuation. Unless otherwise provided in form attached, this Company shall not be liable beyond the actual cash value of the property at the time any loss or damage occurs and the loss or damage shall be ascertained or estimated according to such actual cash value with proper deduction for depreciation, however caused, and shall in no event exceed what it would then cost to repair or replace the same with material of like kind and quality. 5. Settlement of Claims. All adjusted claims shall be paid or made good to the Assured within sixty (60) days after presentation and acceptance of satisfactory proof of interest and loss at the office of this Company. No loss shall be paid hereunder if the Assured has collected the same from others. 6. No Benefit to Bailee. This insurance shall in no wise inure directly or indirectly to the benefit of any carrier or other bailee. 7. Subrogation. In the event of any payment under this policy the Company shall be subrogated to all the Assured's rights of recovery therefor against any person or organization and the Assured shall execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The Assured shall do nothing after loss to prejudice such rights. 8. Reinstatement. Every claim paid hereunder reduces the amount insured by the sum so paid unless the same be reinstated by payment of additional premium thereon. 9. Pair or Set. It is understood and agreed that, in the event of loss of or damage to any article or articles which are a part of a set, the measure of loss of or damage to such article or articles shall be a reasonable and fair proportion of the total value of the set, giving consideration to the importance of said article or articles, but in no event shall such loss or damage be construed to mean total loss of set. 10. Machinery. In case of loss or injury to any part of the insured property consisting, when complete for sale or use, of several parts, this Company shall only be liable for the insured value of the part lost or damaged. I I. Sue and Labor. In case of loss g[ damage it shall be lawful and necessary for the Assured or their factors, servants and assigns, to sue, labor and tr...el for, in and about the defense, safeguard and recovery of the property insured hereunder, or any part thereof without prejudice to this insur- ance; nor shall the acts of the Assured or this Company in recovering, saving and preserving the property insured in case of loss or damage, be considered a waiver or an acceptance of abandonment; to the charge whereof, this Company will contribute according to the rate and quantity of the sum herein insured. 12. Suit Against Company. No suit, action or proceed- ing for the recovery of any claim under this policy shall be sustainable in any court of law or equity unless the same be commenced within twelve (12) months next after discovery by the Assured of the occurrence which gives rise to the claim. Provided, however, that if by the laws of the state within which this policy is issued such limitation is invalid, then any such claims shall be void unless such action, suit or proceeding be commenced within the shortest limit of time permitted by the laws of such state to be fixed herein. 13. Appraisal. If the Assured and the Company fail to agree as to the amount of loss, each shall, on the written demand of either, made within sixty (60) days after receipt of proof of loss by the Company, select a competent and dis- interested appraiser, and the appraisal shall be made at a reasonable time and place. The appraisers shall first select a competent and disinterested umpire, and failing for fifteen (15) days to agree upon such umpire, then, on the request of the Assured or the Company, such umpire shall be selected by a judge of a court of record in the state in which such appraisal is pending. The appraisers shall then appraise the loss, stating separately the actual cash value at the time of loss and the amount of loss, and failing to agree shall submit their differences to the umpire. An award in writing of any two shall determine the amount of loss. The Assured and the Company shall each pay his or its chosen appraiser and shall bear equally the other expenses of the appraisal and umpire. The Company shall not be held to have waived any of its rights by any act relating to appraisal. 14. Cancelation. This policy may be canceled by the Assured by mailing to the Company written notice stating when thereafter such cancelation shall be effective. This policy may be canceled by the Company by mailing to the Assured at the address shown in this policy or last known address written notice stating when not less than five (5) days thereafter such cancelation shall be effective. The mailing of notice as afore- said shall be sufficient proof --of notice and the effective date of cancelation stated in the notice shall become the end of the policy period. Delivery of such written notice either by the Assured or by the Company shall be equivalent to mailing. If the Assured cancels, earned premiums shall be computed in accordance with the customary short rate table and proce- dure. If the Company cancels, earned premiums shall be computed pro rata. Premium adjustment may be made at the time cancelation is effected and, if not then made, shall be made as soon as practicable after cancelation becomes effec- tive. The Company's check or the check of its representative mailed or delivered as aforesaid shall be a sufficient tender of any refund of premium due to the Assured. IS. Conformity to Statute. Terms of this policy which are in conflict with the statutes of the state wherein this policy is issued are hereby amended to conform to such statutes. 16. Changes. Notice to any agent or knowledge possessed by any agent or by any other person shall not effect a waiver or a change in any part of this policy or estop the Company from asserting any -right under the terms of this policy, nor shall the terms of policy be waived or changed, except by endorsement issued to form a part of this policy. SCHEDULED PROPERTY FLOATER POLICY Assured COUNTY CC a..; Z O) 1,0 �t n G, _O ci Amount $221,000.00 Cr. Premium $1,566.33 PLEASE READ YOUR POUCY Hello