22-023 - 7365 - Amendment 2 Ordinance ExecutedORDINANCE NO.
22-023
AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME -RULE MUNICIPAL
CORPORATION, AUTHORIZING THE APPROVAL OF A SECOND AMENDMENT TO A
CONTRACT BETWEEN THE CITY OF DENTON AND TEXAS SERIES OF LOCKTON
COMPANIES, LLC, AMENDING THE CONTRACT APPROVED BY CITY COUNCIL ON
AUGUST 4, 2020, IN THE NOT -TO -EXCEED AMOUNT OF $480,000.00; AMENDED BY
AMENDMENT 1 APPROVED BY THE CITY COUNCIL; SAID SECOND AMENDMENT FOR
BROKERAGE SERVICES FOR THE PLACEMENT OF THE DEC PROPERTY COVERAGE
RENEWAL FOR THE 2021/2022 POLICY YEAR AND THE 2022/2023 POLICY YEAR;
PROVIDING FOR THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN
EFFECTIVE DATE (FILE 7365 — PROVIDING FOR AN ADDITIONAL SECOND
AMENDMENT EXPENDITURE AMOUNT NOT -TO -EXCEED $152,250.00, WITH THE
TOTAL CONTRACT AMOUNT NOT -TO -EXCEED $707,250.00).
WHEREAS, on August 4, 2020, by Ordinance No. 20-1463, the City awarded a contract to
Texas Series ofLockton Companies, LLC in the amount of $480,000.00, for property and causality
insurance brokerage services; and
WHEREAS, on March 16, 2021, by Ordinance No. 21-426, the City awarded a contract to
Texas Series of Lockton Companies, LLC in the amount of $75,000.00, for property and causality
insurance brokerage services; and
WHEREAS, the additional fees under the proposed Second Amendment are fair and
reasonable and are consistent with, and not higher than, the recommended practices and fees
applicable to the Provider's profession, and such fees do not exceed the maximum provided by law;
NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The Second Amendment, increasing the amount of the contract between the
City and Texas Series of Lockton Companies, LLC, which is on file in the office of the Purchasing
Agent, in the amount of One Hundred Fifty -Two Thousand Two Hundred Fifty and 00/100
152,250.00) Dollars, is hereby approved and the expenditure offunds therefor is hereby authorized
in accordance with said amendment. The total contract amount increases to $707,250.00.
SECTION 2. This ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this ordinance was made by Jessey ; 5 and
seconded by (z -,c_ n 1 c IL This ordinance was passed and approved by the
following vote [_I_ - _0]:
Mayor Gerard Hudspeth:
Vicki Byrd, District 1:
Brian Beck, District 2:
Jesse Davis, District 3:
Alison Maguire, District 4:
Deb Armintor, At Large Place 5
Paul Meltzer, At Large Place 6:
Aye Nay Abstain Absent
PASSED AND APPROVED this the 1 fi%, day of Ju -n vcx <-, 2022.
ATTEST:
ROSA RIOS, CITY SECRETARY
BY:,,1iy
APPROVED AS TO LEGAL FORM:
MACK REINWAND, CITY ATTORNEY
Digitally signed by Marcella
Lunn
DN: cn=Marcella Lunn, o,
f
j ou=City of Denton,
BY: J email=marcella.lunn@cityofden
Tom. com, c=
Date: 2021.12.09 08:17:01
06'00'
GERARD HUDS ETH, MAYOR