HomeMy WebLinkAboutCity of Tamarac Resolution R-2001-2681
Temp. Reso. #9523
September 14, 2001
Page 1
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2001-268
a° A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
TAMARAC, FLORIDA, AUTHORIZING THE RENEWAL OF
PROPERTY, GENERAL LIABILITY, AUTOMOBILE LIABILITY,
AUTO PHYSICAL DAMAGE LIABILITY AND WORKERS'
COMPENSATION LINES OF COVERAGE WITH THE FLORIDA
MUNICIPAL INSURANCE TRUST WITH AN EFFECTIVE POLICY
DATE OF OCTOBER 1, 2001; 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 Property, General
Liability, Automobile Liability, Auto Physical Damage and Workers'
Compensation expire September 30, 2001; and
WHEREAS, the FMIT has submitted renewal premiums to the City; and
WHEREAS, currently, the City does not have a deductible for its Workers'
Compensation coverage, which is referred to as "dollar one" coverage; and
WHEREAS, other than the premiums, the City does not pay any amount
for Workers' Compensation claims; and
WHEREAS, the premiums for Workers' Compensation coverage are lower
if the City opts to have a $25,000 deductible instead of "dollar one" coverage;
and
WHEREAS, it is recommended that the City procure Workers'
Compensation coverage which includes a $25,000 deductible; and
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Temp. Reso. #9523
September 14, 2001
Page 3
with the revisions indicated above for a one year period at a cost of $746,236.00,
with said lines of coverage to expire on September 30, 2002, as indicated in the
premium rate quote submitted by the FMIT attached hereto as Exhibit A.
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herewith are hereby repealed to the extent of such conflict.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, or 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.
SECTION 5: This Resolution shall become effective immediately
upon its passage and adoption.
PASSED, ADOPTED, AND APPROVED this 26�h day of September, 2001.
ATTEST:
MARION S ENSON, CMC
CITY CLERK
I HEREBY CERTIFY that I
have approved this
RESOWIIION as to form.
- 410K�
MWCHELL S. KRAF
CITY ATTORNEY!
RECORD OF COMMISSION VOTE:
MAYOR SCHREIBER A er
DIST 1: COMM. PORTNER Aver
DIST 2: COMM. MISHKIN dM
DIST 3: V/M SULTANOF A ev
DIST 4: COMM. ROBERTS A-yev
Exhibit A
FLORIDA LEAGUE OF CITIES, INC.
Public Risk Services
P. U. Box 530065
Orhindo, Fj 32853-00615
R NL WAL QUOTE FOR 2001-2002
O ly of Tamarac
(Optional Workers' C!ompcnsation Deductible)
.nv �
T) � �1,..5�llhle
i.i i
�ILI,
hr 'r
Crc��cral/P�(�Fcssioi�al Liability
$25,000 Deductible Stoploss
$2,000,000
$232,427
Autoinobile Liability
$25,000 Deductible Stoploss
$2,000 000
c
$66,9)3
Autor»obilc Physical Damage
$10,000 Deductible Stoploss
$1,000,000
c
$19,2 )3
(Catastrophic Loss)
Property
$10,000 Deductible Stoploss P
$33,703,369
$135,467
W01'1tGl'S' C()JTlrc'11Si]tto11
$25,000 Do-ductible Stoploss
Total Payroll
$527 786
rYp, Mod. 10/01/01 .970
$14,246,767
'
TOTAL PREM1L7M
1NCEN'rivrz, CREDIT $931,9G6
•1'OTAl, N1s'r PltlsMlL)M:-235,730
$746,236
Stoploss Amount $6685122
'111ClUkki: 1 11tj!, J`ree Crcclit: Yeti
Safety Credit: y
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Temp. Reso. #9523
September 14, 2001
Page 2
WHEREAS, if the City renews its lines of coverage with the FMIT as
revised above, the FMIT will provide payment for all defense costs incurred with
the City being only responsible for settlement and judgment costs up to $25,000
per claim on, General Liability, Automobile Liability and Workers' Compensation
claims and $10,000 for Property and Auto Physical Damage claims; and
WHEREAS, it is the recommendation of the City Manager and the
Employee Relations Manager that the City renew its Property, General Liability,
Automobile Liability and Workers' Compensation lines of coverage with the FMIT
with the revisions indicated above for a one year period at a cost of $746,236.00,
with said lines of coverage to expire on September 30, 2002; and
WHEREAS, 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 Property, General Liability, Automobile Liability, Auto Physical
Damage, and Workers' Compensation lines of coverage with the FMIT in a
revised fashion.
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.
SECTION 2: That the appropriate City officials of the City of
Tamarac are authorized to renew the City's Property, General Liability,
Automobile Liability and Workers' Compensation lines of coverage with the FMIT