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2003-080RESOLUTION NO. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AWARDING A CONTRACT FOR THE CITY'S PROPERTY AND LIABILITY INSURANCE TO THE FLORIDA MUNICIPAL INSURANCE TRUST; AUTHORIZING THE CITY MANAGER, ON BEHALF OF SAID CITY, TO EXECUTE ASSOCIATED CONTRACTS; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Aventura requires insurance coverages for comprehensive general liability, public officials errors and omissions, police professional liability, automobile liability and physical damage, property, workers compensation and other insurable risks; and WHEREAS, the City has properly solicited and received requests for sealed bids for the above insurance coverages for the policy year of October 1, 2003 to September 30, 2004; and WHEREAS, the City's Consultant (Kevin Regan, IASC Public Entity Risk Management Consulting) has reviewed the various proposals and, along with City staff, recommends award of contract to Florida Municipal Insurance Trust; and WHEREAS, the City Commission, upon the recommendation of City staff, desires to award contract to Florida Municipal Insurance Trust. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1: The contract for property and liability insurance be awarded to Florida Municipal insurance Trust in accordance with the Request for Proposals submitted by said company. Section 2: The City Manager is hereby authorized to execute, on behalf of the City, a contract by and between the parties embodying the terms, conditions, specifications as set forth in the subject invitation, specifications, proposal and requirements for property and liability insurance. Section 3: The City Manager is hereby authorized and requested to take all necessary and expedient action to carry out the aims of this Resolution. Section 4: This Resolution shall become effective immediately upon its adoption. The foregoing resolution was offered by Commissioner Cohen, who moved its adoption. The motion was seconded by Commissioner Holzberg and upon being put to a vote, the vote was as follows: Commissioner Commissioner Commissioner Commissioner Commissioner Commissioner Zev Auerbach yes Jay R. Beskin yes Ken Cohen yes Bob Diamond yes Manny Grossman yes Harry Holzberg yes yes Mayor Jeffrey M. Perlow Resolution No. 2003-80 Page 3 PASSED AND ADOPTED this 7th day of October, 2003. ,~FF~E"7 M. PI~RLOW, MAYOR CITY ATTORNEYJ