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HomeMy WebLinkAboutRES 19-282RESOLUTION NO. 19-282 WHEREAS, Requests for Proposals were received for a policy for excess workers' compensation insurance; and, WHEREAS, McGriff, Seibels and Williams of Texas, Inc., of San Antonio, Texas, on behalf of Arch Insurance, submitted a response as follows: ; and, $138,000.00 Annual rate based on the 2020 projected payroll of. $85,024,200 WHEREAS, City Council is of the opinion that the response submitted by McGriff, Seibels and Williams of Texas, Inc., of San Antonio, Texas, on behalf of Arch Insurance, should be accepted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT the response submitted by McGriff, Seibels and Williams of Texas, Inc., of San Antonio, Texas, on behalf of Arch Insurance, for a policy for excess workers' compensation insurance in the amount of $138,000.00 be accepted by the City of Beaumont. The policy is effective January 1, 2020 with an option to renew for one (1) additional year; and, BE IT FURTHER RESOLVED THAT the City Manager be and he is hereby authorized to execute a contract with Arch Insurance, of Jersey City, New Jersey, Texas, for the purposes described herein. 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 10th day of December, 2019. ayor Becky Ames -