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HomeMy WebLinkAboutR-2010-176 Second Installment Insurance Renewal RESOLUTION NO. 2010-176 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING PAYMENT FOR THE SECOND INSTALLMENT OF THE ANNUAL RENEWAL OF THE CITY'S COMPREHENSIVE INSURANCE PACKAGE THROUGH PUBLIC RISK INSURANCE AGENCY, SUCH PACKAGE TO INCLUDE COVERAGE FOR PROPERTY AND CASUALTY, CRIME, EMPLOYEE DISHONESTY, GENERAL LIABILITY, AUTOMOTIVE LIABILITY AND PHYSICAL DAMAGE, PUBLIC OFFICIALS' LIABILITY, AND EMPLOYMENT PRACTICES LIABILITY, IN A COMBINED TOTAL NOT TO EXCEED SEVEN HUNDRED THIRTY TWO THOUSAND, TWO HUNDRED SIX DOLLARS ($732,206.00) FOR COVERAGE BEGINNING OCTOBER 1, 2010 THROUGH SEPTEMBER 30, 2011; 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 City Commission of the City of Dania Beach approves the renewal of the City's Comprehensive Insurance Package through Public Risk Insurance Agency, such package to include coverage for Property and Casualty, Crime, Employee Dishonesty, General Liability, Automotive Liability and physical damage, Public Officials' Liability, and Employment Practices Liability for the period October 1, 2010 to September 30, 2011 in a total amount not to exceed $732,206.00. Section 2. That this renewal is the second installment under the two year rate guarantee approved by the City Commission under Resolution 2009-139. Section 3, That the costs of this insurance coverage were planned and are available within the General Fund — General Services Dept. Insurance Coverage budget appropriation of $748,014.00 reflected in account#001-1800-519-45-10. Section 4. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 5. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED and ADOPTED on October 12, 2010. K. McE YE �Ro'S FIRsr MAYOR—COMMISSIONER ATTEST: ®�o� _ p�f CA LOUISE STILSON, CMC CITY CLERK , APPROVED AS TO F RM AND CORRECTNESS: �r THO A . AN R CITY ATTORNEY 2 RESOLUTION#2010-176