HomeMy WebLinkAboutRES 18-098RESOLUTION NO. 18-098
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Manager be and he is hereby authorized to execute a contract for fire,
extended coverage, flood and quake property insurance in the amount of $1,097,485.17
through Higginbotham, of Port Arthur, Texas, as broker, for all risk coverage, including
Flood and Earth Movement provided by AmRisc, LP, Velocity Risk Underwriters,
Westchester Surplus Lines Insurance Company, First Specialty Insurance Corporation,
Lloyds of London, RSUI Indemnity Insurance Company, Evanston Insurance Company,
and Arrowhead Insurance Risk Managers effective May 1, 2018; boiler and machinery
coverage provided by Liberty Mutual Fire Insurance Company effective May 1, 2018;
and, terrorism coverage provided by Lloyd's of London effective May 1, 2018.
The meeting at which this resolution was approved was in all things conducted in
strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 1st day of
May, 2018.
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fin.or Becky Ames