HomeMy WebLinkAboutM2002-357 - 10/29/2002MOTIONS - 10/29/02
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Motion authorizing the City Manager or his designee to execute a one-year
Interlocal Agreement with Texas Municipal League Intergovernmental Risk Pool
to obtain property insurance for an estimated annual premium of $794,205.33,
all in accordance with Request for Proposal B1-0010-03. The one-year contract
provides for three additional one-year renewal options. The following insurance
coverages will be provided under the contract: commercial property; windstorm,
hurricane and hail; electronic equipment; antenna equipment; boiler and
machinery; flood; and excess flood coverage. This amount includes individual
flood policies for specific properties brokered by Texas Municipal League and
insured through Omaha Property and Casualty.
ATTEST:
Arma~ary
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City of Corpus Christi
M2002-357
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:
$794~205.33
Description of Contracts, Agreements, Obligations, or Expenditures:
To execute a one-year Interlocal Agreement with Texas Municipal League
Intergovernmental Risk Pool to obtain property insurance.
Fund from which Money is to be Drawn:
5611 - LIABILITY/EMPLOYEE BENEFITS FUND
Date:
FOR OFFICE USE ONLY
Fund No. and Name:
Activity/Project No.:
Activity/Project Name:
Appropriation Ordinance:
Ordinance/Motion No.:
Council Meeting Dated:
Notes/Descriptions:
5611- Liability and Employee Benefits Fund
40520
40520 Insurance Policy Premiums
Yes No X
October 29, 2002