ICRMA - California Infrastructure and Economic Development Bank (IBank)_2024-052 - 2024-2025ICRMA
INDEPENDENT CITIES RISK MANAGEM ENT AUTHORITY
18201 Von Karman Ave, Suite 2001 Irvine, CA 92612
www.icrma.org
LIABILITY PROGRAM
Evidence of Coverage
Certificate Number: 2024-052
Certificate Holder: California Infrastructure and Economic Development Bank (IBank)
1325 J Street, Suite 1823
Sacramento CA 95814
Covered Party: City of 0 Segundo
Description of
Activity: As respect the Covered Member's loan from the Certificate Holder for the construction and paving of a
street in the City of B Segundo
Memorandum of
Coverage Number: ICRMA GL 2025 Effective Date: 7/1/25 Expiration Date: 7/1/25
Limits: $1,000,000 (per occurrence)
Member Retained
Lim it (M RL): * $ 750,000
The Following General and automobile liability as defined in the memorandum of coverage on file w ith the covered party
Coverage is in party named above. Sexual misconduct not specifically excluded forthe city.
e ffe ct:
This is to certify that the coverage listed above has been issued to the Covered Party named above for the
coverage period indicated, notwithstanding any requirement, term, or condition of any contract or other
document w ith respect to w hich this certificate may be issued or may pertain. The coverage afforded as
described herein is subject to all the terms, exclusions, and conditions of the Liability Memorandum of
Coverage of the ICRMA, w hich is available for your review upon request. This certificate is issued as a
matter of information only and confers no rights upon the Certificate Holder. This Certificate does not
amend, extend or alter the coverage afforded by the coverage documents described herein. *Limits shown
include the city's MRL.
Coverage is in effectfrom12:01 a.m. Pacific Standard Time of effective date to 12:01 a.m. Pacific Standard
Time of expiration date as stated above and w ill not be canceled, limited, or allowed to expire except upon
30-day notice to the certificate holder.
Date Issued: 7/1/2024
Renewal: Yes
Authorized Representative Signature: �G _
RMA Executive ctor