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HomeMy WebLinkAboutM2018-068 - 04/24/2018 File Number: 18-0477 Enactment Number: M2018-068 City of Corpus Christi 1201 Leopard Street Corpus Christi,TX 78401 A/7)1 1 April 24, 2018 cctexas.com �`n- / Motion: M2018-068 File Number: 18-0477 Enactment Number: M2018-068 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 5th, 2018-May 5th 2019) in exchange $2,110,480.05, of which $861,538.43 is required for the remainder of FY 2017-2018. At a meeting of the City Council on 4/24/2018, this Motion was passed. Aye: 7 Mayor McComb, Council Member Garza, Council Member Guajardo, Council Member Hunter, Council Member Molina, Council Member Rubio, and Council Member Smith Abstained: 1 Council Member Lindsey-Opel 0J "fcComb, Mayor Attest: i✓I t 4 ', 'eb-cca Huerta, City ecretary City of Corpus Christi Printed on 4/26/18 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 24, 2018 / g o ti 7 7 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 5th, 2018-May 5th 2019) in exchange $2,110,480.05, of which $861,538.43 is required for the remainder of FY 2017-2018. Amount Required: $861,538. Fund Name Accounting Unit Account Activity No. Amount No. Business JobDev Fund 1140-13826-734 537090 $ 3,785 Business JobDev Fund 1140-13826-734 537420 $ 21,448 Liab/EB Liab Fund 5611-40520-005 537090 $ 112,065 Liab/EB Liab Fund 5611-40520-005 537095 $ 388,494 Liab/EB Liab Fund 5611-40520-005 537420 $ 246,544 VisitorFacility Fund 4710-13625-734 537090 $ 7,359 VisitorFacility Fund 4710-13625-734 537420 $ 41,702 VisitorFacility Fund 4710-13600-734 537090 $ 6,021 VisitorFacility Fund 4710-13600-734 537420 $ 34,120 TOTAL $861,538 ❑ Certification Not Required Director of Financial Services Date: APR 2 3 2018