HomeMy WebLinkAbout1992-040 CCR1
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(CCCRAI)
Member Jerry Pedlar introduced the following resolution and moved its
adoption:
RESOLUTION NO. 92 -40
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, 1992 to January 1,
1993 and they are as follows:
1. Comprehensive Municipal Property and Casualty Insurance from the
League of Minnesota Cities Insurance Trust (LMCIT):
Property 28,753
Inland Marine 5,483
General Liability 94,754
Errors and Omissions 8,995
Automobile Liability 14,722
Uninsured Motorist 532
Automobile Physical Damage 15,199
Crime 1,182
Bonds 5,641
Estimated Total Annual Premium 175,261
2. Workers' Compensation Insurance from the League of Minnesota Cities
Insurance Trust (LMCIT):
Total Annual Estimated Premium 270,072
3. Liquor Liability Insurance from the Transcontinental Insurance Company:
Estimated Annual Premium 23,112
4. Boiler and Machinery Insurance from the Hartford Steam Boiler
Inspection Insurance Company:
Total Annual Premium 2,990 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
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RESOLUTION NO. 92 -40
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.
Center to:
ATTEST:
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, 1992 through December 31, 1992 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, 1992 through February 28, 1993 at an
annual rate of $5,040.
March 9, 1992
Date Todd Paulson, Mayor
Deputy Clerk
The motion for the adoption of the foregoing resolution was duly seconded by
member Dave Rosene and upon vote being taken thereon, the following
voted in favor thereof:
Todd Paulson, Celia Scott, Jerry Pedlar, Dave Rosene, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.