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HomeMy WebLinkAbout1996-070 CCR1 1 its adoption: Member Kristen Mann introduced the following resolution and moved RESOLUTION NO. 96-70 RESOLUTION AWARDING CONTRACTS FOR CITY INSURANCE POLICIES AND CONTRACTS FOR THE INSURANCE AGENT AND INSURANCE CONSTIT.TANT FOR 1996 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, 1996 to January 1, 1997 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.): Property 29,464 Inland Marine 3,833 Boiler Machinery 5,013 General Liability 150,844 Automobile Liability 29,426 Crime 1,546 Bonds 2,604 Total Annual Premium $222,730 2. Workers' Compensation Insurance from the L.M.C.I.T.: Total Annual Premium 3. Accident Plan for Volunteers from the Brehm Group: Total Annual Premium 4. Open Meeting Law Defense from the L.M.C.I.T.: Total Annual Premium 5. Liquor Liability Insurance from St. Paul Fire Marine: Total Annual Premium $145,590 2,175 2,263 14,697 and 1 1 1 RESOLUTION NO. 96 -70 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 wishes to extend the contract for consulting services for another year. 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. Designate the Brandow, Howard Kohler Rosenbloom, Inc. (BHK &R) Agency as the agent of record for said insurance. 3. Renew the fee for services contract as City insurance agent with BHK&R for the period of January 1, 1996 through December 31, 1996 at an annual fee of $9,000. 4. Renew the contract for consulting services with Berkley Risk Services, Inc. for the period of March 1, 1996 through February 28, 1997 at an annual rate of $5,616. March 25. 1996 Date Mayor U 1 ATTEST: QL�WriAX Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Kathleen Carmody and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kristen Mann, Debra Hilstrom, and Kathleen Carmody; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.