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HomeMy WebLinkAboutM1997-374 - 12/16/1997MOTIONS- 12116197 10.C. Motion approving the purchase of Gas Utility Liability Insurance from Associated Electric and Gas Insurance Service through Brooke Insurance Agency with coverage limit of $25,000,000 and $250,000 self-insured retention level for an annual premium of $77,659 with three one- year renewal options in accordance with Bid Invitation B1-0041-98. Funds are available in the City's Self Insurance Fund. ATTEST: City Secretary City of Corpus Christi M97 - 374 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 comract, 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: $ 77,659.00 ('1~, 6{5~. t~o) Description of Contract, Agreement, Obligation, or Expenditure: Prcmium For ~×ce~s gas liability - ~cC~ [iec~rtc Fund from which Money is to be Drawn: ]37- S~]f Tnsurance Fund Direc~ Date: FOR OFFICE USE ONLY Fund No. and Name Activity/Project No. Activity/Project Name Appropriation Ordinance: Ordinance/Motion No.: Council Meeting Dated: 5'7-1 Z3 OI - -706 / Yes No_ e/