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Home My WebLink About17219 ORD - 08/25/1982AN ORDINANCE AUTHORIZING THE PURCHASE OF EXCESS COMPREHENSIVE GENERAL AND AUTOMOTIVE LIABILITY INSURANCE OVER THE CITY'S FIRST MILLION DOLLARS OF SELF-INSURANCE FROM ARTHUR J. GALLAGHER AND COMPANY; APPROPRIATING FUND FOR SUCH PURCHASE; AND DECLARING AN EMERGENCY, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That there is hereby authorized the purchase of excess Comprehensive General and Automotive liability insurance over the City's first million dollars self-insurance from Arthur J. Gallagher and Company as follows: First $ 5,000,000 $270,000.00 Second 5,000,000 44,434.38 Third 5,000,000 15,000.00 Total $15,000,000 $329,434.38 SECTION 2. That there is hereby appropriated $50,000 out of Fund 113, Insurance Fund unappropriated fund balance and $9,434.38 out of the General Fund Reserve as additional contribution to the insurance fund for .purchase of a $5,000,000 layer of excess Auto and General liability insurance for $44,434.38 and an additional $5,000,000 layer for $15,000 to supplement money appropriated in the 1982-83 budget for the first $5,000,000 layer. SECTION 3. That upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the need for efficient administration of city affairs by purchase of the aforementioned excess liability insurance, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings so that this ordinance is passed and shall take effect upon first reading as an emergency measure this the ;2:2)70(day of August, 1982. ATTEST: / C y Secretary MAYOR THE CITY OF CORPUS CHRISTI, TEXAS APPROVED:ASAY OF AUGUST, 1982 . Bruce Aycock, ity Attorney 17219 SEP 281984 MICROFILMEat Corp Christi, Texas -.lay of 1982 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance or resolution, an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings; 1/we, therefore, request that you suspend said Charter rule and pass this ordinance or resolution finally on the date it is. introduced, or at the present meeting of the City Council. ' Respectfully, Respectfully, • MAYOR Council Members 42-4-CITOFCORPUS CHRISTI, TEXAS The above. ordinance was passed by the foll ing vote: Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky 17219 AN ORDINANCE AUTHORIZING THE PURCHASE OF EXCESS COMPENSATION GENERAL AND AUTOMOTIVE LIABILITY INSURANCE OVER THE CITY'S FIRST MILLION DOLLARS OF SELF-INSURANCE FROM ARTHUR J. GALLAGHER AND COMPANY; APPROPRIATING FUND FOR SUCH PURCHASE; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That there is hereby authorized the purchase of excess Compensation General and Automotive liability insurance over the City's first million dollars self-insurance from Arthur J. Gallagher and Company as follows: First $ 5,000,000 $270,000.00 Second 5,000,000 44,434.38 Third 5,000,000 15,000.00 Total $15,000,000 $329,434.38 SECTION 2. That there is hereby appropriated $50,000 out of Fund 113, Insurance Fund unappropriated fund balance and $9,434.38 out of the General Fund Reserve as additional contribution to the insurance fund for purchase of a $5,000,000 layer of excess Auto and General liability insurance for $44,434.38 and an additional $5,000,000 layer for $15,000 to supplemert money appropriated in theN1,?82-83 budget for the first $5,000,000 layer. SECTION 3. That upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the need for efficient administration of city affairs by purchase of the aforementioned excess liability insurance, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings so that this ordinance is passed and shall take effect upon first reading as an emergency measure this the day of August, 1982. ATTEST: Cit Secretary APPROVED:A3ALDAY OF AUGUST, 1982 ?- Bruce Aycock City Attorney MAYOR 17219 THE C Y OF CORPUS CHRISTI, TEXAS *SEP 2 8 1984 MICROFILMED, — CIT Y OF CORPUS CEPISTI, TEXAS CERTIFICATION OF FUNDS (City Charter Article IV Section 21) August 19, 1982 I certify to the City COuncil that $ 9.434.38 , the amount required for the contract, agreement, obligation or expenditures contemplated in the above and foregoing ordinance is in the Treasury of the City of Corpus Christi to the credit of: Fund N. and Name Activity ftg.stAVZ No - 102 General Fund 901-521.99-499 Activity ftEdiatt Name Reserve appropriation For additional contribution to Insurance Fund for purchaqe of 810,000,000 sdr1i1-innA1 px.rpq alltn Anel general liability insurance. fromwhich it is proposed to be drawn, and such money is not appLupriated for any other purpose. FIN 2-55 Revised 7/31/69 August 19 , 19s CITY OF CORPUS CHRISTI, TEXAS CERTIFICATION OF FUNDS (City Charter Article IV Section 21) AllglIct. lg. IqR7 I certify to the City Council that $ 50,000 , the amount required for the contract, agreement, obligation or expenditures contemplated in the above and foregoing ordinanoe is in the Treasury of the City of Corpus Christi to the credit of: Fund No. and Name 113 Insurance Fund Account ftinbact NO. 113-000-272.00 Account aRiggt Name unappropriated Fund Balance for the purchase of $10 000 000 additional excess auto and general liability insurance. from which it is proposed to be drawn, and such money is not appropriated for any other purpose. FIN 2-55 Revised 7/31/69 August 19 , 19 82 Corpus Christi, Te as G5R:f day of , 1982 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance or resolution, an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings; 1/we, therefore, request that you suspend said Charter rule and pass this ordinance or resolution finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Council Members Respectfully, MAYOR THE CITY OF CORPUS CHRISTI, TEXAS The above ordinance was passed by the follow ng vote: Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky 17219