HomeMy WebLinkAboutM2017-053 - 04/11/2017 File Number: 17-0390 Enactment Number: M2017-053
/itef;N\
Corpus Christi 1201 Leopard Street
b� Corpus Christi,TX 78401
�• � � cctexas.com
April 11, 2017
Motion: M2017-053
File Number: 17-0390 Enactment Number: M2017-053
Motion authorizing the City Manager to execute all documents necessary to renew
property insurance, including All Risk, Flood, Named Storm, Wind/Hail, Earthquake, and
Equipment Breakdown insurance through Carlisle Insurance Agency, Broker of Record, for
upcoming policy year (May 5, 2017-May 5, 2018) and policy years 2018-19 and 2019-20
in exchange for an annual premium in amounts not to exceed the total amount of original
bid ($2,001,750) and further subject to the reduced premium of $1,952,914.52 for
upcoming policy year, of which $797,217.16 is required for the remainder of FY
2016-2017.
Ata meeting of the City Council on 4/11/2017, this Motion was passed.
Aye: 7 Council Member Garza, Council Member Guajardo, Council Member
McComb, Council Member Molina, Council Member Rubio, Council Member
Smith, and Council Member Vaughn
Abstained: 1 Council Member Hunter
Lucy Rubio, Mayor Pro Tern
Attest: (\ . Cd-ems', f-vic1-:-&
Rebecca Huerta, City Secretary
Corpus Christi Printed on 4/13/17
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.
A-cn.l I 1
City Council Action Date: March-Mc-2017 Legistar#: 17-0390
Agenda Item:
Motion authorizing the City Manager to execute all documents necessary to renew property insurance,
including All Risk, Flood, Named Storm, Wind/Hail, Earthquake, and Equipment Breakdown insurance
through Carlisle Insurance Agency, Broker of Record, for upcoming policy year (May 5, 2017-May 5,
2018) and policy years 2018-19 and 2019-20 in exchange for an annual premium in amounts not to
exceed the total amount of original bid ($2,001,750) and further subject to the reduced premium of
$1,952,914.52 for upcoming policy year, of which $797,217.16 is required for the remainder of FY
2016-2017.
Amount Required: $797,217.
Fund Name Accounting Unit Account Activity No. Amount
No.
Business JobDev Fund 1140-13826-734 537095 $ 17,380
Business JobDev Fund 1140-13826-734 537420 $ 4,966
Business JobDev Fund 1140-13826-734 537090 $ 2,483
Liab/EB Liab Fund 5611-40520-005 537095 $ 479,110
Liab/EB Liab Fund 5611-40520-005 537420 $ 136,888
Liab/EB Liab Fund 5611-40520-005 537090 $ 68,444
VisitorFacility Fund 4710-13600-734 537095 $ 61,562
VisitorFacility Fund 4710-13600-734 537420 $ 17,589
VisitorFacility Fund 4710-13600-734 537090 $ 8,795
❑ Certification Not Required
Director of Financial Services
APR 1 0 9017