HomeMy WebLinkAboutM2010-086 - 04/20/2010MOTION 04/20/2010
19. Motion approving a service agreement with McGriff, Seibels & Williams, Inc. of
Addison, TX for All Risk Property Insurance Coverage to include all other perils,
flood, wind and boiler and machinery coverage, in accordance with Request for
Proposal Number BI-0076-10 for an estimated three year expenditure of
$8,037,660 of which $669,805 is required for the remainder of FY 2009-2010.
The term of the service agreement will be for three years with an option to extend
for up to two additional twelve-month periods, subject to the approval of the
service provider and the City Manager or his designee. This service will provide
necessary insurance coverage for all applicable City departments. Funds are
budgeted and available in the Liability/Employee Benefit -Liability Fund, Visitors'
Facilities Fund and Business/Job Development Fund in FY 2009-2010 and will
be requested in subsequent fiscal years.
ATTEST:
~~
Armando Chapa, City Secretary
G '
Joe A dame, Mayor
City of Corpus Christi
M2010-086
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Requested Council Action: 04/20/10....
Alternate Date: 04/27/10
CITY-OF CORPUS CHRISTI:
CERTIFICATION OF FUNDS. ,
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Carpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officers that the money required
for the current fiscal year's portion of the contract, agreement, obligation or expenditure described _
below is in the Treasury to the credit of the Fund specified below, from which it .is to be drawn, and has
not been appropriated for any other purpose. Future payments_ are subject to annual appropriation
by the City Coun~il.-
City Council.. Action Datet Q4f20/~.tl
Agenda Item: Motion approving a service agreement with McGriff, Seibels & Williams, Inc. of
Addison, TX,-for All Risk Property Insurance Coverage to include all_other perils, flood, wind and -
boiler and machinery. coverage, in accordance with Request for Proposal Number BI-0076-10 for an'
estimated three.-year;expendture of $8,037,660 of which $669,805 is required for the remainder of"FY
09/10 The term of the service agreement will be for hree years with an option to extend for up to two
additional twelve-month periods, subject to the approval'of the service provider and the City Manager
or his designee. This service will provide necessary. insurance coverage for all applicable City ,
departments.. Funds are budgeted and available in the Lability/Employee Benefit -Liability Fund,
Visitors' .Facilities Fund and Business/Job` Development Fund in FY 09110 and will be requested in
subsequent fiscal years.
Amount Required::... 669 805.00 -
end Name ` Fund No. Or . No. Account No. Pro'ect No. Amount
..Various -See
Attachment $669,805.00"
....Total. - $669,805.00.
Certification Not Required
,, _. __r
Director of Financial Services
Dater `f- ~ ~ - ~ c
ABC
Excess Flood (537E390-4710-13625} $ 5,492
Windstorm .Insurance (537095-47i 0-13625) $ 41;942
Pro, - rt Insurance 53742x-4710-'13625. $ 11,984
Convention
Center. $ 59,418
Excess Flood (537090-4710-13600) $ 5,954
Windstorm Insurance (537095-4710-13600) $ 45,438
Pro rt Insurance 537420-4710-136001 $ 12,982
$ 64,370
Coliseum `ate
b'~
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Excess Flood (537090-0-13 20 $ 165
Windstorm lnsurar~ce (537095-4~0-1362Q) $ 1,263
Pro rt Insurance:: 537420-4 0-13620 $ 361
Whataburger Field ~ 3~ $ 1:,789
Excess Flood (537090-1140-1.3826) $ 3,126
Windstorm Insurance (537095-1140-13826) . $ 23,874
Pro ert Insurance 537420-1140-13826 $` 6,821
City $ 33,82'1
Excess Flood (537090-5611-40520) $ 47,17fl
Windstorm Insurance (537095-5611-40520) $ 360,319
Pro rt Insurance- 537420-5611-4fl520 $ 102,918
TotaL•; $ 510,407
$ 669,805
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