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HomeMy WebLinkAboutM1997-372 - 12/16/199710.a. MOTIONS - 12/16/97 Motion approving the purchase of Excess Workers' Compensation Insurance from Frontier Insurance through Benefits, Risk & Insurance Management Solutions with a coverage limit of $10,000,000 and a $250,000 self-insured retention level at an annual premium of $69,056 guaranteed for three years with an option to renew for an additional year in accordance with Bid Invitation B1-0039-98. Funds are available in the City's Self Insurance Fund. ATTEST: City Secretary Mayor -'/ City of Corpus Christi M97 - 372 MICRO_FJLMED CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Finance of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officer that the money required for 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: Amount Required: $69,056.00 Description of Contract, Agreement, Obligation, or Expenditure: Premium for excess workers' compensation- Fund from which Money is to be Drawn: 137 - Self Insurance Fund Diro~or~Z[hance ,_ J ,t' Date: ~ /~///~///~ FOR OFFICE USE ONLY Fund No. and Name Activity/Project No. Activity/Project Name Appropriation Ordinance: Ordinance/Motion No.: Council Meeting Dated: Yes