HomeMy WebLinkAboutM2017-192 - 12/19/2017 File Number: 17-1516 Enactment Number: M2017-192
' -, c City of Corpus Christi 1201 Leopard StreetR Corpus Christi,TX 78401
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December 19, 2017
\ Motion: M2017-192
File Number: 17-1516 Enactment Number: M2017-192
Motion authorizing the annual payment for an existing insurance coverage package with
the TML Intergovernmental Risk Pool (TML Risk Pool) for the following insurance-type
coverages for which the private markets have not provided a cost-effective alternative to
the TML Risk Pool (Excess Aviation, Airport Liability, TB Clinic Automobile Liability, TB
Clinic General Premises Liability, Animal Mortality for Police Dogs, Auto Physical Damage
for High Value Vehicles, Auto Catastrophe, Crime Public Employee Dishonesty, Crime
Forgery, Crime Theft, Crime Computer Fraud, Gas Utilities, and High Value Mobile
Equipment) in a total amount not to exceed $398,589,authorizing the City Manager or
designee to execute the latest form TML Risk Pool agreements, authorizing the addition of
FEMA-mandated coverages available from TML that are a condition of federal disaster
reimbursement, and authorizing payments in future years to the extent they are (1)
budgeted and (2) for which City staff and/or the City's broker of record have obtained
competing quotes for the aforesaid coverages from the private market and determined
that privately-obtained coverages are not cost-competitive to the TML Risk Pool quote for
that year.
Ata meeting of the City Council on 12/19/2017, this Motion was passed.
Aye: 8 Mayor McComb, Council Member Garza, Council Member Guajardo, Council
Member Lindsey-Opel, Council Member Molina, Council Member Rubio,
Council Member Smith, and Council Member Vaughn
Absent: 1 Council Member Hunter
Abstained: 0
Ge..ea-ral---
J
Jo•• cComb, Mayor
Attest:
ak t 4 1 c 7-t
Rebecca Huerta, City Secretary
City of Corpus Christi Printed on 12/20/17
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.
City Council Action Date: December Ili, 2017 Legistar Number: 17-1516
Agenda Item: Motion authorizing the annual payment for an existing insurance coverage package
with the TML Intergovernmental Risk Pool (TML Risk Pool)for the following insurance-type coverages
for which the private markets have not provided a cost-effective alternative to the TML Risk Pool
(Excess Aviation, Airport Liability, TB Clinic Automobile Liability, TB Clinic General Premises Liability,
Animal Mortality for Police Dogs, Auto Physical Damage for High Value Vehicles, Auto Catastrophe,
Crime Public Employee Dishonesty, Crime Forgery, Crime Theft, Crime Computer Fraud, Gas
Utilities, and High Value Mobile Equipment) in a total amount not to exceed $398,589, authorize
execution of the latest form TML Risk Pool agreements, authorize the addition of FEMA-mandated
coverages available from TML that are a condition of federal disaster reimbursement, and authorize
payments in future years to the extent they are (1) budgeted and (2) for which City staff and/or the
City's broker of record has obtained competing quotes for the aforesaid coverages from the private
market and determined that privately-obtained coverages are not cost-competitive to the TML Risk
Pool quote for that year
Amount Required: $398,589
Fund Name Accounting Account Activity No. Amount
Unit No.
5611 Liab/EB Liab 5611-40520-005 537030 $272,958
5611 Liab/EB Liab 5611-40520-005 537060 $68,030
5611 Liab/EB Liab 5611-40520-005 537430 $57,601
•
Total $398,589
Director of Financial Services
Date: DEC 1 8 2017