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HomeMy WebLinkAbout1997-061 CCR• Member�h�Pr� '(�rtY+xi introduced the following resolution and moved its adoption: RESOLUTION NO. RESOLUTION AWARDING CONTRACTS FOR CITY INSURANCE POLICIES AND CONTRACTS FOR THE INSURANCE AGENT AND INSURANCE CONSULTANT FOR 1997 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, 1997 to January 1, 1998 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 $ 29,229 Inland Marine 3,918 Boiler & Machinery 5,907 General Liability 131,025 Automobile Liability 31,126 • Crime 1,546 Bonds 2,344 ---------- Total Annual Premium $205,095 2. Workers' Compensation Insurance from the L.M.C.I.T.: Total Annual Premium $126,514 3. Accident Plan for Volunteers from the L.M.C.I.T.: Total Annual Premium $ 2,175 4. Open Meeting Law Defense from the L.M.C.I.T.: Total Annual Premium $ 1,965 5. Liquor Liability Insurance from St. Paul Fire & Marine: Total Annual Premium $ 15,088 ; and 0 . RESOLUTION NO. I 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. 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, 1997 through December 31, 1997 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, 1997 through July 31, 1997 at a Monthly rate of $468. 3 1)9g-7 Date Mayor ATTEST: )&4WK"fA- City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member ktiq Lasma n and upon vote being taken thereon, the following voted in favor thereof: DePrA W 15* kal L'15r � �� '� ter+ (f(�irna. i�ra9r,es�, 1<64h 1-een L'arr�h)-41 and the following voted against the same: Npy e - whereupon said resolution was declared duly passed and adopted. 0