20-2456 - 7562 - Ordinance ExecutedORDINANCE NO. 20-2456
AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME-RULE MUNICIPAL
CORPORATION, PROVIDING FOR, AUTHORIZING, AND APPROVING THE
PURCHASE OF PROPERTY AND BOILER & MACHINERY INSURANCE COVERAGE
FOR THE CITY OF DENTON, THROUGH THE CITY’S SOLE BROKER OF RECORD,
LOCKTON COMPANIES, LLC; AND PROVIDING AN EFFECTIVE DATE (FILE 7562 –
AWARDED TO AFFILIATED FM INSURANCE COMPANY FOR A THREE (3) YEAR
NOT-TO-EXCEED AMOUNT OF $1,882,580.00).
WHEREAS, Section 252.024 of the Local Government Code provides that a municipality
may select a licensed insurance broker as the sole broker of record to obtain proposals and
coverages for excess or surplus insurance that provides necessary coverage and adequate limits
of coverage in structuring layered excess coverages in all areas of risk requiring special
consideration, including public official liability, police professional liability, and airport liability;
and
WHEREAS, the City’s insurance broker of record has obtained proposals in accordance
with all legal requirements and City Council wishes to procure one or more of the items
mentioned in the above paragraph; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The following purchase of materials, equipment or supplies, as described
in the “File” listed hereon, and on file in the office of the Purchasing Agent, and the license
terms attached are hereby approved:
FILE
NUMBER VENDOR AMOUNT
7562 Affiliated FM Insurance Company $ 1 ,882,580.00
SECTION 2. The acceptance and approval of the above items shall not constitute a
contract between the City and the person submitting the quotation for such items until such
person shall comply with all requirements specified by the Purchasing Department.
SECTION 3. The City Manager, or his designee, is hereby authorized to execute any
contracts relating to the items specified in Section 1 and the expenditure of funds pursuant to said
contracts is hereby authorized.
SECTION 4. The City Council of the City of Denton hereby expressly delegates the
authority to take any actions that may be required or permitted to be performed by the City of
Denton under this ordinance to the City Manager of the City of Denton, or his designee.
SECTION 5. This ordinance shall become effective immediately upon its passage and
approval.
„„„d,T: JnerM{jht t:: ,:=S
by the following vote Ll - Q :
Aye
V’
/
Nay Abstain Absent
Gerard Hudspeth, Mayor:
Birdia Johnson, District 1 :
Connie Baker, District 2:
Jessie Davis, District 3 : J_
John Ryan, District 4: /
Deb Armintor, At Large Place 5: a
Paul Meltzer, At Large Place 6: /
PASSED AND APPROVED this the \ I B day of \)e(Ew\\r.6 2020.
-/
SN
ATTEST:
ROSA RIOS, CITY SECRETARY
BY:
APPROVED AS TO LEGAL FORM:
AARON LEAL, CITY ATTORNEY
B 111(r :