HomeMy WebLinkAboutM2009-121 - 05/12/2009MOTION 05/12/09
4. Motion approving an agreement with McGriff, Seibels & Williams, Inc. of San
Antonio, Texas for the purchase of Excess Liability Insurance, in accordance with
Request for Proposal Number BI-0126-09, for a period of three years with an
option to extend for up to two additional one-year periods, for a total three- year
expenditure of approximately $1,125,600, of which approximately $62,533 is
required for the remainder of FY 2008-2009. The term of the agreement will be
for three years with an option to extend for up to two additional one-year periods,
subject to the approval of the provider and the City Manager or his designee.
Funds are budgeted in the Liability/Employee Benefit-Liability and
Liability/Employee Benefits-Workers' Compensation Funds.
ATTEST:
Armando Chapa, City ecretary
He ry Garr tt, Mayor
City of Corpus Christi
M2009-121
Requested Council Action: OS/1y09
Alternate Date: 05/19/09
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officers that the money required
for the current fiscal year's portion of 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. Future payments are subject to annual appropriation
by the City Council.
City Council Action Date: 05/12/09
Agenda Item: Motion approving an agreement with McGriff, Seibels & Williams, Inc. of San
Antonio Texas for the purchase of Excess Liability Insurance, in accordance with Request for
Proposal Number BI-0126-09, for a period of three years with an option to extend for np to two
additional one-year periods, for a total three-year expenditure of approximately $1,125,600, of
which approximately $62,533 is required for the remainder of FY 08-09. The term of the
agreement will be for three years with an option to extend for up to two additional. one-year
periods, subject to the approval of the provider and the City Manager or his designee. Funds
are budgeted in the Liability/Employee Benefit -Liability and Liability/Bmployee Benefits -
Workers' Compensation Funds.
Amount Required: 62 533.00
Fund Name Fund No. Or . No. Account No. Pro'ect No. Amount
Liability/Employee
Benefit -Liability
Fund 5611 40520 537035 $31,266.50
Liability/Bmployee
Benefits -Workers'
Com ensation Fund 5612 40510 537030 $31,266.50
Total $62,533.00
^ Certification Not Required
C m__~_•_-~ - - J? .~..-_- ~I.~
Director of Financial Services
Date: s- y - 0 9