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HomeMy WebLinkAboutM1997-373 - 12/16/199710.b. MOTIONS- 12/16/97 Motion approving the purchase of Airport Liability Insurance from Great American Insurance Company and Lloyds of London through Brooke Insurance Agency/Falcon Insurance Agency with coverage limit of $75,000,000 and a $15,000 aggregate deductible at an annual premium of $35,564 with three one-year renewal options in accordance with Bid Invitation BI-0040-98. Funds are available in the City's Self Insurance Fund. ATTEST: City Secretary City of Corpus Christi M97 - 373 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: $ 3 5.5 6 4. ~ Description of Contract, Agreement, Obligation, or Expenditure: Premium for airport liability insurance- ~rex~t Arn~rtcar)-~n~.~ Fund from which Money is to be Drawn: 137- Self Insurance Fund FOR OFFICE USE ONLY Fund No. and Name Activity/Project No. Activity/Project Name Appropriation Ordinance: Ordinance/Motion No.: Council Meeting Dated: I 5'7 Yes No.