HomeMy WebLinkAboutR-2003-247 Various Insurance Risk Management Assoc. thru Sep 2004 RESOLUTION NO. 2003-247
A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA,
APPROVING PAYMENT TO RISK MANAGEMENT ASSOCIATES, INC.
IN THE AMOUNT OF $568,139.00 FOR THE PURCHASE OF PACKAGE
INSURANCE (TO INCLUDE PROPERTY AND CASUALTY, PUBLIC
OFFICIALS LIABILITY, EMPLOYMENT PRACTICES LIABILITY,
STATUTORY ACCIDENTAL DEATH AND DISMEMBERMENT) FOR THE
PERIOD OCTOBER 1, 2003 THROUGH SEPTEMBER 30, 2004;
PROVIDING FOR CONFLICTS, FURTHER, PROVIDING FOR AN
EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA:
Section 1. That the Dania Beach City Commission approves the payment to
Risk Management Associates, Inc. in the amount of $568,139.00 for the purchase of a
® Comprehensive Package of Insurance for the City of Dania Beach, such package to
include property and casualty, public officials liability, employment practices liability,
statutory accidental death and dismemberment, for the period from October 1, 2003 to
September 30, 2004.
Section 2. That all resolutions or parts of resolutions in conflict with this
resolution are repealed to the extent of such conflict.
Section 3. That this resolution shall be in force and take effect retroactive to
October 1, 2003.
PASSED AND ADOPTED on October 28th 2003.
OB NTO
MAYOR-C MMISSIONER
1 RESOLUTION NO. 2003-247
• ATTEST: ROLL CALL:
COMMISSIONER CHUNN- YES
COMMISSIONER FLURY - YES
(�D COMMISSIONER MIKES - YES
614ANLENt J NSON VICE-MAYOR MCELYEA- YES
CITY CLERK MAYOR ANTON - YES
APPROVED AS TO FO AND CORRECTNESS:
BY: �/-, ,-v
THOKAAo J. N BRO
CITY AT ORNEY
•
• 2 RESOLUTION NO. 2003-247
R M- A
Risk Management Associates
CITY OF DANIA BEACH
PREMIUM RECAPITULATION
Annual Premium
Property $ 78,364
Crime/Employee Dishonesty $ 994 k`t,
General Liability $309,342
Automobile Liability and Physical Damage $142,937
Public Officials /Employment Practices Liability $ 36,502 '
W ers Compensation
Option I —First Dollar All Classes $419,034
-Option 2 --First-Dolls ,00 eductible $392,440
Presumption Claims
is Statutory Accidental Death and Dismemberment $ 1,245**
H ,
Total Premium:
With WC Option 1 $987,173
With WC Option 2
Notes of Importance:
♦ PGIT is not protected by the Florida Guarantee Association in the event it becomes unable
to meet its claims payment obligations.
♦ Quote subject to review and acceptance by PGIT Board of Trustees.
♦ Premiums are subject to change if ALL lines of coverage quoted are not bound.
♦ Florida surcharges have not been included above.
♦ Total Premium due within 30 days of inception
"Annual premium shown—see Proposal Page for options other than annual
The brief description of insurance coverage contained in this proposal is being provided as an accommodation only and
is not intended to cover or describe all policy terms. For more complete and detailed information relating to the scope
and limits of coverage,please refer directly to the policy documents. Specimen forms are available upon request.
September 3,2003 Page 30 of 34
_ AGENDA REQUEST FORM
7
CITY OF DANIA BEACH •
AGENDA ITEM NO.
1. DATE OF COMMISSION MEETING: OCTOBER 28, 2003
2. DESCRIPTION OF AGENDA ITEM: RENEWAL OF PROPERTY AND WORKERS
COMP INSURANCE CONTRACTS
3. COMMISSION ACTION BEING REQUESTED:
Adopt Resolution or Ordinance ❑ Expenditure x❑ Award Bid/RFP
Presentation ❑ General approval of item X❑ Continued from meeting ❑
Other(please explain) ❑
4. SUMMARY EXPLANATION & BACKGROUND: CROSSING GUARD PROGRAM WAS
SUCCESSFULLY OUTSOURCED IN SCHOOL YEAR 2002-2003, RENEWAL OPTION HAS
BEEN ELECTED.
6. FOR PURCHASING REQUESTS ONLY:
• 7. Amount:
Fund: GENERAL: X❑ WATER: Q SEWER: ] STORMWATER:
Account name: Account#:
Finance Director Approval: Date: ,/
7. REVIEWED AND APPROVED FOR ADDITION ON AGENDA:
C' jp � .�3
Submitt Y• Date
Administrative SeDti s/Risk Management Date
Departme re Dat�
City_M n r Date