HomeMy WebLinkAboutCity of Tamarac Resolution R-2020-079Temp. Reso #13484
September 27, 2020
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2020- CO-7`'I
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, 2020 AT A COST OF $946,871 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 (EMIT); and
WHEREAS, the City's policies with the FMIT for General Liability,
Automobile Liability, Automobile Physical Damage, Workers' Compensation, and
Property expire October 1, 2020; 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 #13484
September 27, 2020
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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, 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 including any endorsements with the FMIT for a one year
period beginning on October 1, 2020 based on the renewal quote of $946,871 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
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, 2020 as outlined above.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA:
Temp. Reso #13484
September 27, 2020
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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, 2020 at a cost of $946,871
per the renewal quote (attached as Exhibit 1) with said lines of coverage to
expire on October 1, 2020, 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 #13484
September 27, 2020
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SECTION 5: This Resolution shall become effective immediately upon
its passage and adoption.
PASSED, ADOPTED AND APPROVED this,/ day oa . , 2020
Michelle J. Gomez-
MAYOR
ATTEST:
e
JE IF R J . NSO , CMC
CLERK
RECORD OF COMMISSION VOTE:
MAYOR GOMEZ
DIST 1: V./M. BOLTON
DIST 2: COMM. GELIN
DIST 3: COMM. FISHMAN
DIST 4: COMM. PLACKO
I HEREBY CERTIFY THAT I HAVE
APPROVED THIS RESOLUTION
AS TO FORM
1 ,
9 ivAt7
SAMUEL S. GOREN
CITY ATTORNEY
TR 13484
TR 13484