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HomeMy WebLinkAbout1998-031 CCRMember Kathleen Carmody introduced the following resolution and moved its adoption: RESOLUTION NO. 98-31 RESOLUTION AWARDING CONTRACTS FOR CITY INSURANCE POLICIES AND CONTRACTS FOR THE INSURANCE AGENT FOR 1998 WHEREAS, the Director of Finance and the City's Insurance Agent have negotiated annual renewal premiums for the City's comprehensive insurance coverage for the period from January 1, 1998 to January 1, 1999 and they are as follows: 1. Comprehensive Municipal Property and Casualty Insurance from the League of Minnesota Cities Insurance Trust (L.M.C.I.T.): 1 Property Inland Marine Boiler & Machinery General Liability Automobile Liability Crime Bonds Total Annual Premium 2. Workers' Compensation Insurance from the L.M.C.I.T.: Total Annual Premium $207,097 3. Accident Plan for Volunteers from the L.M.C.I.T.: Total Annual Premium 4. Open Meeting Law Defense from the L.M.C.I.T.: Total Annual Premium 5. Liquor Liability Insurance from the L.M.C.I.T.: Total Annual Premium $ 29,614 4,950 5,900 131,826 29,663 2,221 2,923 $127,812 $ 2,175 $ 1,712 $ 12,661 ; and WHEREAS, the State of Minnesota has raised the statutory limit on tort liability to $750,000 for Minnesota cities and requires city councils to make a decision to stay with or to waive this limit; and RESOLUTION NO. 98-31 WHEREAS, Minnesota Statutes provide that elected officials are considered employees for workers compensation purposes only if the city has passed an ordinance or resolution to that effect; and WHEREAS, the League of Minnesota Cities Insurance Trust requires cities to use the services of an agent in order to participate in the L.M.C.I.T. property/casualty program; and WHEREAS, Brandow Howard Kohler & Rosenbloom, Inc. (BHK&R) has been the City's insurance agent since January 1, 1990 on a fee-for-services basis, has provided good agent services to the City of Brooklyn Center, and wishes to extend the agreement for services or another year; and WHEREAS, Berkley Risk Services, Inc. has been retained as the City's insurance consultant since June of 1988 on a contract for services, has provided good consulting services to the City of Brooklyn Center, and is under contract for consulting services through February 1999 as provided by Resolution 97-115. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center to: 1. Accept the negotiated insurance renewals and award the contracts as stated. 2. The City does not waive the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. 3. Declare pursuant to Minnesota Statutes 176.011, subd. 9, clause 6, that the Mayor and Council Members are considered to be employees for worker's compensation insurance purposes. 4. Designate the Brandow, Howard Kohler & Rosenbloom, Inc. (BHK&R) Agency as the agent of record for said insurance. 5. Renew the fee-for-services contract as City insurance agent with BHK&R for the period of January 1, 1998 through December 31, 1998 at an annual fee of $9,000. February 23, 1998 5~44~~ Date j Mayor RESOLUTION NO. 98-31 111 ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Debra Hilstrom and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kay Lasman, and Robert Peppe, and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. 1