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HomeMy WebLinkAbout1995-069 CCR1 Member Kristen Mann introduced the following resolution and moved its adoption: RESOLUTION NO. 99 -69 RESOLUTION AWARDING CONTRACTS FOR CITY INSURANCE POLICIES AND CONTRACTS FOR THE INSURANCE AGENT AND INSURANCE CONSULTING SERVICES FOR 1995 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, 1995 to January 1, 1996 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 27,562 Inland Marine 3,265 Misc Equipment on Vehicles 1,561 General Liability 158,682 Automobile Liability 26,315 Crime 946 Bonds 3,313 Total Annual Premium $221,644 2. Workers' Compensation Insurance from the L.M.C.I.T.: Total Annual Premium $209,431 3. Boiler and Machinery Insurance from the Hartford Steam Boiler Inspection Insurance Company: Total Annual Premium 5,306 4. Accident Plan for Volunteers from the Brehm Group: Total Annual Premium 5. Open Meeting Law Defense from the L.M.C.I.T.: Total Annual Premium 6. Liquor Liability Insurance from St. Paul Fire Marine: Total Annual Premium 2,175 2,380 11,290 and 1 RESOLUTION NO. 95 -69 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, American 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, 1995 through December 31, 1995 at an annual fee of $9,000. 4. Renew the contract for consulting services with American Risk Services, Inc. for the period of March 1, 1995 through February 28, 1996 at an annual rate of $5,616. 1 Date ATTEST: iA1 AI Deputy Clerk and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. 74„,, g Mayor 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, Kristen Mann, Debra Hilstrom, and Kathleen Carmody;