HomeMy WebLinkAbout033162 RES - 09/05/2023Resolution authorizing payment of $983,636 for the annual renewal of
Excess Liability and Workers' Compensation policy through Broker of
Record, Carlisle Insurance Agency, for upcoming policy year October
1, 2023 — September 30, 2024
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,
2023;
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 252.02, 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, 2023, through September 30, 2024, in exchange for annual
premium in the amount not to exceed $983,636.
ATTEST: .CITY OF CORPUS CHRISTI
Rebecca Huerta
City Secretary
ot6--
aulette Guajar.o
Mayor
033162
Page 1 of 2
SCANNED
Corpus Christi, Texas
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day of 5"1' \- , 20
The above resolution was passed by the following vote:
Paulette Guajardo
Roland Barrera
Everett Roy
Sylvia Campos
Gil Hernandez
Michael Hunter
Jim Klein
Mike Pusley
Dan Suckley
ATTEST:
C1 NOF CORPUS CHRISTI
Reb-cca Huerta Paulette Guajardo 6rX°
City Secretary
Mayor
033162
Page 2 of 2
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: 09/05/2023 Legistar Number: 23-1343
Agenda Item:
Resolution authorizing payment of $983,636 for the annual renewal of Excess Liability and
Excess Worker's Compensation insurance through Broker of Record, Carlisle Insurance.
Funding will be FY24.
Amount Required: $983,636
Fund Name
Accounting Unit
Accoount
N.
Activity No.
Amount
Liab/EB Liab — Fd 5611
5611-40520-054
537030
$530,983
Liab/EB WC — Fd 5612
5612-40510-054
537030
$452,653
Total
$983,636
X Certification Not Required
0.1714.A-rA__
Director of Financial Services
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