HomeMy WebLinkAbout032557 RES - 09/14/2021Resolution authorizing a total payment of $839,330.87 for the annual renewal of
Excess Liability and Excess Worker's Compensation insurance coverage through
the Broker of Record, Carlisle Insurance Agency for upcoming policy year October
1, 2021 -September 30, 2022.
WHEREAS, the City utilizes its broker of record to obtain excess liability insurance and
excess workers' compensation insurance for protection of the public health or safety of
the municipality's residents;
WHEREAS, the current coverages are subject to renewal as of September 30, 2021;
WHEREAS, State law provides that such procurements, as outlined above, are subject
to statutory procurement requirements, including competitive bids, unless an exception
applies;
WHEREAS, the City Council finds that this procurement of excess liability and excess
workers' compensation insurance qualifies as an exception to competitive bidding under
Local Government Code, Section 252.022(a)(2), as this procurement is necessary to
preserve or protect the public health or safety of the municipality's residents; and
WHEREAS, the City Council also finds that this procurement is authorized pursuant to
Texas Local Government Code Section 252.024, which authorizes a sole broker of record
to procure necessary coverages for insurance.
Be it resolved by the City Council of the City of Corpus Christi, Texas:
Section 1. The City Council specifically finds that the foregoing statements included in
the preamble of this resolution are true and correct and adopts such findings for all intents
and purposes related to the authorization of this procurement.
Section 2. The City Manager, or designee, is authorized to execute all documents
necessary to obtain excess liability and excess workers' compensation insurance
coverages, through City's Broker of Record Carlisle Insurance Agency, for upcoming
policy year October 1, 2021 through September 30, 2022 in exchange for annual premium
in the amount not to exceed $839,330.87.
ii
PASSED AND APPROVED on the [LA r\day of c)--4--%/1\ , 2021:
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
C:\Users\sarahb\AppData\Roaming\L5\Tem
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032557
SCANNED
John Martinez
Ben Molina
Mike Pusley
Greg Smith
ATTEST:
TY OF CORPUS CHRISTI
Rei-cca Huerta aulette M.
Guajardo
City Secretary
Mayor
Page 2 of 2
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
1, 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: Legistar Number: 21-1065
09/14/2021
Agenda Item:
Resolution authorizing a total payment of $839,330.87 for the annual renewal of Excess
Liability and Excess Workers' Compensation insurance coverage through the Broker of
Record, Carlisle Insurance Agency for the upcoming policy year October 1, 2021 - September
30, 2022.
Amount Required: $ 839.330.87
Fund Name
Accounting Unit
AcNoount
Activity No.
Amount
Liab/EB Liab — Fd 5611
5611-40520-005
537030
$419,665.43
Liab/EB WC — Fd 5612
5612-40510-005
537030
$419,665.44
Total
$839,330.87
❑ Certification Not Required
Director of Financial Services
Date: �' 116 L3.