HomeMy WebLinkAboutCity of Tamarac Resolution R-2018-112Temp. Reso #13166
August 31, 2018
Page 1 of 4
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2018-
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 WITH THE FLORIDA MUNICIPAL
INSURANCE TRUST (FMIT) FOR A ONE (1) YEAR
PERIOD BEGINNING OCTOBER 1, 2018 AT A COST
OF $954,096 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, 2018; and
WHEREAS, the FMIT has submitted renewal premiums to the City; and
WHEREAS, if the City renews its lines of coverage, the FMIT will provide
payment for all defense costs incurred with the City being responsible for
settlement and judgment costs up to $10,000 for Automobile Physical Damage,
$25,000 per claim for General Liability, Automobile Liability, and Workers'
Compensation claims, and $50,000 for Property Damage; and
Temp. Reso #13166
August 31, 2018
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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's Board of Trustees has approved the return of
property premium for renewing members that participated in the Trust's property
program in the 2016-2017 Fund Year and the City of Tamarac can expect to
receive at least $34,243 in return of premium should the City elect to renew
coverages for the 2018-2019 policy year; and
WHEREAS, it is the recommendation of the City Manager and the Director
of Human Resources that the City renew its General Liability, Automobile
Liability, Automobile Physical Damage, Workers' Compensation and Property
lines of coverage with the FMIT for a one year period beginning on October 1,
2018 based on the renewal quote of $954,096 as submitted by the FMIT
(attached as Exhibit 1) and to pay any additional premium resulting from the
annual premium audit which has been approved by the City Manager after
notification to the City Commission; and
WHEREAS, the FMIT has signed the Agreement Exhibit Certification and
added Scrutinized Companies to the original agreement as required (attached as
Exhibit 2); 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
Temp. Reso #13166
August 31, 2018
Page 3 of 4
renew the City's General Liability, Automobile Liability, Automobile Physical
Damage, Workers' Compensation and Property lines of insurance coverage with
the FMIT for a one-year period beginning on October 1, 2018 as outlined above.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA:
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 appropriate City officials of the City of Tamarac are
authorized to renew the City's General Liability, Automobile Liability, Automobile
Physical Damage, Workers' Compensation and Property lines of coverage with
the Florida Municipal Insurance Trust (FMIT) for a one year period beginning on
October 1, 2018 at a cost of $954,096 per the renewal quote (attached as Exhibit
1) with said lines of coverage to expire on October 1, 2018, and to pay any
additional premium resulting from 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 or application, it shall not affect the validity of the remaining
portions or applications of this Resolution.
Temp. Reso #13166
August 31, 2018
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SECTION 5: This Resolution shall become effective immediately upon
its passage and adoption.
SSED, ADOPTED AND APPROVED this R�'day of
24ww" 1 2018.
YAd4t�� —
HARRY DRESSLER
MAYOR
ATTEST:
PATRICIA TEUFEL MC
CITY CLERK
RECORD OF COMMISSION VOTE:
MAYOR DRESSLER
DIST 1:
COMM. BOLTON
DIST 2:
V/M GOMEZ
DIST 3:
COMM. FISHMAN
DIST 4:
COMM. PLACKO
I HEREBY CERTIFY THAT I HAVE
APPROVED THIS RESOLUTION
AS TO FORM
QF i r---l"
SAMUEL S. GOREN
CITY ATTORNEY
I
EXHIBIT 1
Coverage
General/Professional Liability
Deductible Stoploss Amount
Cyber Liability"
Automobile Liability
Deductible Stoploss Amount
Automobile Physical Damage
Deductible Stoploss Amount
Property
ACJU E Of
c z
.A.
MAAAA-
Department of Insurance
FLORIDA MUNICIPAL INSURANCE TRUST
RENEWAL QUOTE FOR 2018-2019
City of Tamarac
FMIT 0584
Deductible Limit Premium
$25,000 $5,000,000 $312,010
$764,806
$2,000,000 $3,000
$25,000
$75,000
Per Schedule
$30,000
$50,000
Workers' Compensation $25,000
Experience Modification 0.73 10/1/18
Deductible Stoploss Amount $389,040
GRAND TOTAL PREMIUM
RETURN OF PREMIUM
REDUCED GRAND TOTAL PREMIUM
$2,000,000 $84,676
$15, 706
$82,420,046 $281,253
Total Payroll
$29,416,303 $257,451
$964,096
34 243
$919,853
The FMIT Board of Trustees has approved a $4,000,000 return of premium for members that had property
coverage in the 2016-2017 Fund Year. The directive of the Board was to return property premium on the
renewing members for 2018-2019 that participated in the Trust's property program in 2016-2017. Based on
the property premiums paid in 2016-2017, the City of Tamarac can expect $34,243 in return premium should they
elect to renew coverage for the 2018-2019 policy year.
'Includes: Drug Free Credit: Yes
Safety Credit: Yes
4ote: Coverage summaries provided herein are intended as an outline of coverage only and are
lecessarily brief. In the event of loss, all terms, conditions, and exclusions of actual Agreement and/or
'olicies will apply.
"Cyber Liability - $3,000 annual premium for increased limit of $2,000,000. Reference the General Liability declarations page for how
limits and deductibles apply.
EXHIBIT 2
of Tamarac
AGREEMENT EXHIBIT CERTIFICATION
and Contracts Division
The CITY OF TAMARAC (City), a municipal corporation with principal offices located
at 7525 NW 88th Avenue, Tamarac FL 33321, and Florida League of Cities, Inc. , a
Florida corporation (State of Incorporation).
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, or 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 serviceswith
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, toContractor 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
�/ '7, ok�l
Signature of
/ C " porate Secretary
G�rts 16epc4
Type/Print Name of Corporate Secy,
-6/�ao/ 8
Dat
(CORPORATE SEAL)
Florida League of Cities, Inc.
Company Name
7;pk� 7;,L vu&
Signature
Michael J. Morrill
Type/Print Name
8/31 /2018
Date
UlFife1CAO APPROVED AGREEMENT TEMPLATES1Standaid Agreernents0greement Evhibits - Scrutinized Company -Pub
RecordslAgreement Exhibit -- Quote Certification for Sonninized Co.doc