HomeMy WebLinkAbout032864 RES - 09/13/2022Resolution authorizing payment of $1,003,635.42 for the annual
renewal of Excess Liability and Workers' Compensation policy
through Broker of Record, Carlisle Insurance Agency, for upcoming
policy year October 1, 2022 — September 30, 2023
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,
2022;
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, 2022, through September 30, 2023, in exchange for annual
premium in the amount not to exceed $1,003,635.42.
032864
Page 1 of 2
SCANNED
PASSED AND APPROVED on the I311e' day of c►44-,yet, 2022:
Paulette Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
ATTEST:
otortth
Rebecca Huerta
City Secretary
OF CORPUS CHRISTI
aulette Guajardo
Mayor
03 2864
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: Legistar Number: 22-1421
09/13/2022
Agenda Item:
Resolution authorizing payment of $$1,003,635.42 for the annual renewal of Excess Liability
and Workers' Compensation policy through Broker of Record, Carlisle Insurance Agency, for
upcoming policy year October 1, 2022 — September 30, 2023.
Amount Required: $ $1,003,635.42
Fund Name
Accounting Unit
AcNoount
Activity No.
Amount
Liab/EB Liab — Fd 5611
5611-40520-005
537030
$478,663.00
Liab/EB WC — Fd 5612
5612-40510-005
537030
$524,972.42
Total
$1,003,635.42
❑ Certification Not Required
Director of Financial Services
Date: gilt/