HomeMy WebLinkAboutRES 23-371RESOLUTION NO. 23-371
BE IT RESOLVED BY THE CITY COUNCIL OFTHE
CITY OF BEAUMONT:
WHEREAS, Requests for Proposals were received for a policy for excess workers'
compensation insurance; and,
WHEREAS, HCDT Insurance Agency, of San Antonio, Texas, submitted a response for
a rate based on the 2024 projected payroll of $97,204,200.00 in the annual premium amount of
$207,045.00 for a term of one (1) year with an option to renew for an additional. one (1) year;
and, WHEREAS, City Council is of the opinion that the response submitted by HCDT
Insurance Agency, of San Antonio, Texas, should be accepted;
NOW, THEREFORE, BE ITRESOLVED BY THE
CITY COUNCIL OFTHE 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 HCDT Insurance Agency, for a policy for excess
workers' compensation insurance in the amount of $207,045.00 be accepted by the City of
Beaumont; and,
BE IT FURTHER RESOLVED THAT the City Manager be and lie is hereby authorized
to execute a contract with HCDT Insurance Agency, 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 12th day of
December, 2023.
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