HomeMy WebLinkAboutM2016-043 - 04/19/2016 File Number: 16-0327 Enactment Number: M2016-043
Corpus Christi 1201 Leopard Street
t' '- Corpus Christi,TX 78401
cctexas.com
April 19, 2016
• Motion: M2016-043
File Number: 16-0327 Enactment Number: M2016-043
Awarding the purchase of property insurance through Carlisle Insurance Agency,
Broker of Record
Motion awarding the purchase of property insurance and, authorizing the City Manager to
execute all documents necessary to purchase All Risk, Flood, Named Storm, Wind/Hail,
Earthquake, and Equipment Breakdown through Carlisle Insurance Agency, Broker of
Record for property insurance, in exchange for premium totaling $2,001,750 from May 5,
2016 to May 5, 2017 of which $811,669 is required for the remainder of FY 2015-2016.
At a meeting of the City Council on 4/19/2016, this Motion was passed.
Aye: 8 Mayor Martinez, Council Member Garza, Council Member Magill, Council
Member McIntyre, Council Member Rubio, Council Member Rosas, Council
Member Scott, and Council Member Vaughn
Abstained: 1 Council Member Hunter
C -L
Nelda Martinez, ayor
Attest:
ebecca Huerta, Cityecretary
Corpus Christ! Printed on 4/22/16
INDEXED
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus 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 Council.
City Council Action Date: April 19. 2016
Agenda Item:
Motion awarding the purchase of property insurance and, authorizing the City Manager to execute all
documents necessary to purchase All Risk, Flood, Named Storm, Wind/Hail, Earthquake, and
Equipment Breakdown through Carlisle Insurance Agency, Broker of Record for property insurance, in
exchange for premium totaling $2,001,750 from May 5, 2016 to May 5, 2017 of which $811,669 is
required for the remainder of FY 2015-2016.
Funding is available in the Insurance Premiums fund in the Risk Management Division FY 2015-
2016 budget. The remaining $1,190,081 for the last eight (8) months of premium costs will be
requested for future fiscal year's during the normal budget process.
Amount Required: $811,669.
Fund Name Accounting Unit Account Activity No. Amount
No.
Business JobDev Fund 1140-13826-734 537090 $ 2,506
Business JobDev Fund 1140-13826-734 537095 $ 17,545
Business JobDev Fund 1140-13826-734 537420 $ 5,013
Liab/EB Liab Fund 5611-40520-005 537090 $ 69,783
Liab/EB Liab Fund 5611-40520-005 537095 $ 488,478
Liab/EB Liab Fund 5611-40520-005 537420 $ 139,565
VisitorFacility Fund 4710-13600-734 537090 $ 8,878
VisitorFacility Fund 4710-13600-734 537095 $ 62,145
VisitorFacility Fund 4710-13600-734 537420 $ 17,756
D Certification Not Required
Director of Financial Services
Date: Ili
14 -03.2i