HomeMy WebLinkAboutCity of Tamarac Resolution R-2022-101 FMIT Renewal 2022-2023Temp. Reso. #13819
September 14, 2022
Page 1 of 4
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2022- 10-1
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA
AUTHORIZING THE RENEWAL OF GENERAL
LIABILITY, AUTOMOBILE LIABILITY,
AUTOMOBILE PHYSICAL DAMAGE, WORKERS'
COMPENSATION, AND PROPERTY LINES OF
COVERAGE INCLUDING ANY ENDORSEMENTS
WITH THE FLORIDA MUNICIPAL INSURANCE
TRUST (FMIT) FOR A ONE (1) YEAR PERIOD
BEGINNING OCTOBER 1, 2022 AT A COST OF
$1,124,804 AND PAYMENT OF ANY INCREASE
RESULTING FROM THE ANNUAL PREMIUM
AUDIT; PROVIDING FOR CONFLICTS;
PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Tamarac currently holds several lines of insurance
coverage with the Florida Municipal Insurance Trust (FMIT); and
WHEREAS, the City's policies with the FMIT for General Liability,
Automobile Liability, Automobile Physical Damage, Workers' Compensation, and
property expire October 1, 2022 ; and
WHEREAS, the FMIT has submitted renewal premiums to the City ; and
WHEREAS, if the City renews its line of coverage, the FMIT will provide
payment for all defense costs incurred with the City being responsible for
settlement and judgment costs up to $25,000 per claim for General Liability,
Automobile Liability, and Workers' Compensation claims, and $50,000 for damage
to City property ; and $10,000 for Automobile Physical Damage; and
Temp. Reso. #13819
September 14, 2022
Page 2 of 4
WHEREAS, the City's policies with the FMIT for General Liability,
Automobile Liability, Automobile Physical Damage, Workers' Compensation and
Property are quoted as an estimated premium, and are subject to an adjustment
based on the annual premium audit; and
WHEREAS, the FMIT has signed the Agreement Exhibit Certification to the
original Agreement which addresses Scrutinized Companies and E-Verify as
required by Florida Statues (attached as Exhibit 1); and
WHEREAS, the City Manager and the Director of Human Resources
recommend that the City renew its General Liability, Automobile Liability
Automobile Physical Damage, Workers' Compensation and Property lines of
coverage including any endorsements with the FMIT for a one year period
beginning on October 1, 2022 based on the renewal quote of $1,124,804 as
submitted by the FMIT (attached as Exhibit 2) and to pay any additional premium
resulting from the addition of assets and/or the annual premium audit; and
WHEREAS, the City Commission of the City of Tamarac, Florida deems it
to be in the best interest of the citizens and residents of the City of Tamarac to
renew the City's General Liability, Automobile Liability, Automobile Physical
Damage, Workers' Compensation and Property lines of insurance coverage with
the FMIT for one year period beginning on October 1, 2022 as outlined above.
Temp. Reso. #13819
September 14, 2022
Page 3 of 4
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA THAT:
SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and
confirmed as being true and correct and are hereby made a specific part of this
Resolution. All exhibits attached hereto are incorporated herein and made a
specific part of this Resolution.
SECTION 2: The City Commission approves the renewal and authorizes
the appropriate City officials to execute the necessary documents to effectuate the
renewal of the City's General Liability, Automobile Liability, Automobile Physical
Damage, Workers' Compensation and Property lines of coverage including any
endorsements with the Florida Municipal Insurance Trust (FMIT) for a one year
period beginning on October 1, 2022 at a cost of $1,124,804 per the renewal quote
(attached as Exhibit 1) with said lines of coverage to expire on October 1, 2023
and to pay any additional premium resulting from the addition of assets and/or the
annual premium audit which has been approved by the City Manager after
notification to the City Commission.
SECTION 3: All resolutions or parts of resolutions in conflict herewith are
hereby repealed to the extent of such conflict.
SECTION 4: If any clause, section, other part or application of this
Resolution is held by any court of competent jurisdiction to be unconstitutional or
invalid, in part of application, it shall not affect the validity of the remaining portions
or applications of this Resolution.
Temp. Reso. #13819
September 14, 2022
Page 4 of 4
SECTION 5: This Resolution shall become effective immediately upon
adoption.
PASSED, ADOPTED AND APPROVED this i L'7kday of 0,5E-F76)k4&e1z_
2022.
ATTEST:
KIMBERLY DILLON
CITY CL RK
MICHELLY J. EZ
MAYOR
RECORD OF COMMISSION VOTE:
MAYOR GOMEZ yes
DIST 1: COMM. BOLTON
DIST 2: V/M GELIN
DIST 3: COMM. VILLALOBOS
DIST 4: COMM. PLACKO �1�3
APPROVED AS TO FORM AND LEGAL SUFFICIENCY FOR THE USE AND
RELIANCE OF THE CITY OF TAMARAC ONLY.
i
r I R HN . HERINJR.
CIfFY ATTORNEY--
EXHIBIT 1
TR13819
AGREEMENT EXHIBIT CERTIFICATION
The CITY OF TAMARAC (City), a municipal corporation with principal offices located
at 7525 NW 88th Avenue, Tamarac FL 33321, and the undersigned CONTRACTOR
executing this document by and through its authorized agent.
The following terms are hereby added to the original Agreement:
Scrutinized Companies
By execution of this Agreement, in accordance with the requirements of F.S. 287.135 and
F.S. 215.473, CONTRACTOR certifies that CONTRACTOR is not participating in a boycott
of Israel. CONTRACTOR further certifies that CONTRACTOR is not on the Scrutinized
Companies that Boycott Israel list, not on the Scrutinized Companies with Activities in
Sudan List, and not on the Scrutinized Companies with Activities in the Iran Petroleum
Energy Sector List, nor has CONTRACTOR been engaged in business operations in Syria.
Subject to limited exceptions provided in state law, the CITY will not contract for the
provision of goods or services with any scrutinized company referred to above. Submitting
a false certification shall be deemed a material breach of contract. The CITY shall provide
notice, in writing, to CONTRACTOR of the CITY's determination concerning the false
certification. CONTRACTOR shall have five (5) days from receipt of notice to refute the
false certification allegation. If such false certification is discovered during the active
contract term, CONTRACTOR shall have ninety (90) days following receipt of the notice to
respond in writing and demonstrate that the determination of false certification was made in
error. If CONTRACTOR does not demonstrate that the CITY's determination of false
certification was made in error then the CITY shall have the right to terminate the contract
and seek civil remedies pursuant to Section 287.135, Florida Statutes, as amended from
time to time.
ATTEST
Signature of Co r rate Secretary
Jeannie Garner
Type/Print Name of Corporate Secy
8/30/2022
Date
(CORPORATE SEAL)
Florida League of Cities, Inc
Company Name
. W evu&
Signature
Michael J Morrill
Type/Print Name
8/26/2022
Date
i
U1FNe1CAO APPROVED AGREEMENT TEMPLATESIStandard AgreementslAgreement Exhibits -Scrutinized Company -Pub
RecordslAgreement Exhibit -- Generic Corporate Certification for Scrutinized Co doc
EXHIBIT 2
TR13819
FLORIDA
MUNICIPAL
UNfCIPA6
INSURANCE TRUST
Protecting the Communities We CaflHome
RENEWAL QUOTE FOR 2022-2023
City of Tamarac
FMIT 0584
Coverage Deductible Limit Premium
General/Professional Liability $25.000 $5,000,000 $331,048
Deductible Stoploss Amount $924,260
Cyber Liability $25,000 $2,000,000 $10,000
Automobile Liability $25,000 $2,000,000 $78,875
Deductible Stoploss Amount $75,000
Automobile Physical Damage Per Schedule $23,769
Deductible Stoploss Amount $30.000
Property $50,000 $95,865,739 $445,104
Workers' Compensation $25,000 Total Payroll
Experience Modification 0.68 10/1/22 $31,984,061 $236,008
TOTAL NET PREMIUM $1,124,804
'Includes: Drug Free Credit: Yes
Safety Credit: Yes
tote: Coverage summaries provided herein are intended as an outline of coverage only and are
ecessarily brief. In the event of loss, all terms, conditions, and exclusions of actual Agreement and/or
olicies will apply.