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HomeMy WebLinkAboutM2005-379 - 10/25/2005 MOTIONS - 10/25/05 21. Motion authorizing the City Manager or his designee to execute a contract with HRH for Employee Dishonesty insurance coverage; McGriff, Seibels & Williams for Commercial Property, Excess Windstorm and Excess Flood insurance; and Texas Municipal League for Catastrophic Fleet, Airport Liability insurance, Excess Airport insurance, Excess Gas Utility insurance, Excess Gas Utility Automobile Liability insurance, TB Clinic Van Automobile Liability insurance and General Liability insurance for the Columbus Ships/Museum. Additionally, because first level Windstorm, Hurricane and Hail coverage is only offered through the Texas Windstorm Insurance Association, and because first level Flood insurance is only offered through the National Flood Insurance Program, that coverage for these two insurance types be acquired through McGriff, Seibels & Williams, the recommended provider of Excess Windstorm and Excess Flood insurance. The term of these agreements is November 4, 2005 through November 3, 2007 with two one-year renewals. ATTEST /~- Armando Chapa, City Secretary M2005-379 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I. ill' Direct,lr of Financial Services uf the City of Corpus Christi, Texas (or his/her duly authorized representative I, hereby certify tu the City Council and other appropriate officers that the money required for the cllrrent fiscal year's portion l'fthe contract, agreement, obligation or expenditure described below is in the I easury to the credit of the Fund specij~ed helow. from which it is to be drawn, and has not been appropriated I; "HI\ othe' purpose Future payments are subject to annual appropriation by the City Council. City Council Action Date: Octobcr 25, 2005 Agenda Itcm: !\-1utiun authorizing a contract with I-lRH f()r Employee Dishonesty insurance coverage; McGriff, Sc!bcls & Williams for Commercial Property, Excess Windstorm and Excess Flood insurance; and I ,"(a~ Municipal League j;)r Catastrophic Fleet, Airport Liability insurance, Excess Airport in~urance, Excess Gas Utility insurance, Excess Gas Utility automobile liability insurance, TB Clinic Van automubile liab1lity insurance and General Liability insurance for the Columbus ships/museum. Addi1iOnally, because first level Windstorm, Hurricane and Hail coverage is only offered through the I ,:"as Windstorm Insurance Association. and because tirs1level Flood insurance is only offered through the National Flood Insurance Program, that coverage for these two insurance types be all]Ulrcd through MeGrift~ Seibels & Wi lliams, the recommended provider of Excess Windstorm and F '(cess Flo' ld insurance, The term of these agreements is November 4,2005 through November 4, 2007 with two one-year renewals. Amount Rcquired: Fund Name Risk I'und .-.'.---"-.- Risk Fund --.- -_._---_._-----~ Risk Fund - ',-,--_.._---_. R!sk Fund -----..-- __ ~rport Fund Gas Fund .-. ...--.--....--.-.-..-...--- '\merican Bank Center Com ention Center 'oliseum Whalaburger Field Total $1,707,601.25 -,------'~---1 -- I Fund No. ; Org. No. A i . ! l~m+J :~;~q- -+~Hi-- + . :~~;~l'-- --+-- ----------- ~--------- _-l-_2.t5J.<\...-'_-,- 35000'/ l.'!L~.Q_. _~400Q._ '4710 13625 I 53 I ---L ------- -~ -- ------f- I ,PI 0 13600; 53 j I I 4710 i -~---- 13620 -----~- ccount No. Project Amount No. ----~ 537090 $ 22,688.33 ) ----~-- 537095 569,258.70 537420 390,717.14 --_.~~ 537140 19,928.00 ----------- l"~ 537430,- 62,457.25 v -~ 537060 46,383.00 7090/537095 174,403.67 ()L /537420 I I 7090/537095 I 253,610.52 /537420 I --"--_._---- 7090/537090 34,398.38 /537420 7090/537095 133,756.26 .e /537420 .--------- ----------------- $ 1,707,601.25 --l ^-- 53 + ~- I __ ---1-_ 1140 13826 4- i )3 J---- ^ ~) . V I ,i / )d. ;/ 0(,,"''''''/ :1;12: *1:) j/ ~ X Certification Required ____~(~-:_. ,.J.-) (). ;J~~ Director of Financial' Services ),,/{ /.; '> . Date: