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2020-07-07 Regular
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2020-07-07 Regular
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City Clerk
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Agency
Clerk of the Council
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7/7/2020
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<br /> <br />changes approved by the City Manager and City Attorney (Agreement No. A- <br />2020-XXX). <br /> <br />2. Authorize the City Manager to approve payment of insurance premiums to <br />Independent Cities Risk Management Authority (ICRMA) for excess liability <br />and workers’ compensation for protection of City’s assets. <br /> <br />2a. Approve the City’s continued participation in ICRMA’s Excess Liability <br />Program from July 1, 2020 to June 30, 2021 at an estimated premium not to <br />exceed $1,680,000. <br /> <br />2b. Approve the City’s continued participation in ICRMA’s Excess Workers’ <br />Compensation Program from July 1, 2020 to June 30, 2021 at an estimated <br />premium not to exceed $386,000. <br /> <br />2c. Approve the City’s continued participation in the ICRMA’s Auto Physical <br />Damage Program from July 1, 2020 to June 30, 2021 at an estimated <br />premium cost not to exceed $79,000. <br /> <br />2d. Approve the City’s continued participation in the ICRMA’s Property and <br />Equipment Program from July 1, 2020 to June 30, 2021 at an estimated <br />premium cost not to exceed $455,000. <br /> <br />2e. Approve the City’s continued participation in ICRMA’s Crime Program from <br />July 1, 2020 to June 30, 2021 at an estimated premium not to exceed <br />$12,000. <br /> <br />2f. Approve the City's continued participation in ICRMA's Cyber Program from <br />July 1, 2020 to June 30, 2021 at an estimated premium not to exceed <br />$31,000. <br /> <br />3. Approval payment of insurance premiums to Arthur J. Gallagher, Broker, for <br />coverages of City’s assets. <br /> <br />3a. Approve the City’s General Liability Buffer Program from July 1, 2020 to June <br />30, 2021 at an estimated premium cost not to exceed $786,000. <br /> <br />3b. Approve the City’s Workers’ Compensation Buffer Program from July 1, 2020 <br />to June 30, 2021 at an estimated premium not to exceed $194,000. <br /> <br />3c. Approve the City’s Earth Movement & Flood and Difference in Coverage <br />Program from July 1, 2020 to June 30, 2021 at an estimated premium not to <br />exceed $844,000. Coverage includes significant enhancement of past <br />coverage. <br /> <br />CITY COUNCIL MINUTES 19 JULY 7, 2020 <br /> <br />
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