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HomeMy WebLinkAbout1993-033 CCR1 (CCCRAI) Member Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 93 33 RESOLUTION AWARDING VARIOUS CITY INSURANCE CONTRACTS WHEREAS, the Director of Finance and the City's Insurance Agent have negotiated annual renewal premiums for the City's comprehensive municipal property and casualty, liquor liability, boiler and machinery, and workers' compensation insurance coverages for the period from January 1, 1993 to January 1, 1994 and they are as follows: 1. Comprehensive Municipal Property and Casualty Insurance from the League of Minnesota Cities Insurance Trust (LMCIT): Property 21,982 Inland Marine 4,047 General Liability 124,116 Errors and Omissions 10,510 Automobile Liability 15,591 Automobile Physical Damage 10,783 Crime 876 Bonds 5,560 Estimated Total Annual Premium 193,465 2. Workers' Compensation Insurance from the League of Minnesota Cities Insurance Trust (LMCIT): Total Annual Estimated Premium 257,702 3. Liquor Liability Insurance from the Transcontinental Insurance Company: Estimated Annual Premium 23,848 4. Boiler and Machinery Insurance from the Hartford Steam Boiler Inspection Insurance Company: Total Annual Premium 2,596 5. Accident Plan for Volunteers Total Annual Premium 2,175 and 1 RESOLUTION NO. 93 33 Center to: ATTEST: 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 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, 1993 through December 31, 1993 at an annual fee of $8,600. 4. Renew the contract for consulting services with American Risk Services, Inc. for the period of March 1, 1993 through February 28, 1994 at an annual rate of $5,340. March 8, 1993 Date Todd Paulson, Mayor Deputy Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Barb Kalligher and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Dave Rosene, Barb Kalligher, and Kristen Mann; and the following voted against the same: None, whereupon said resolution was declared duly passed and adopted.