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Exhibit 2 - Declaration of Emergency Vendor: Associated Electric & Gas Insurance Services Limited (AEGIS) Commodity/Service: Property insurance renewal for the Denton Energy Center Estimated expenditure for the above commodity or service: $ Three year not to exceed amount of $_704,213.63 Initial all entries below that apply to the proposed purchase, under the Purchasing Procedures as passed by City Council. (More than one entry may apply.) 1. _______ Emergency situations, including procurements necessary to protect the public health or safety or in response to a public calamity; 2. _______ A procurement necessary because of unforeseen damage to public equipment, machinery, or other property; Brief Description/Justification for an exception: Given the complexities of this insurance product solicitation and given that Chapter 252.024 of the Texas Local Government Code, the City utilized the services of our broker of record, Lockton Companies, LLC. To prevent a lapse in coverage, Property Insurance for Denton Energy Center (DEC) coverage renewals for the 2024/2025 coverage year must be bound by May 24, 2024, by Aegis, through the City’s broker of record, Lockton, in the amount of $704, 213.63. Staff recommends the approval of expenditures for the purchase of coverage including funding to accommodate a year-over-year price increase of 15% per year for the renewal of property coverage for the DEC through the City’s broker of record, Lockton. Respectfully Submitted by, Reviewed by: Reviewed By: Dept. Director Date Purchasing Manager Date City Attorney Date Approved by: __________________________________ City Manager Date This form must be attached to a purchase requisition if the expenditure is under $50,000. Declaration of an Emergency File #: 8544 Requisition #: 165063 Date: 05/22/2024 DocuSign Envelope ID: 6784554D-F719-4DFF-BDD1-CD27582DA4EA 5/22/2024 5/22/2024 5/23/2024 5/23/2024 This form must be attached to a completed Agenda Information Sheet if the expenditure exceeds $50,000. DocuSign Envelope ID: 6784554D-F719-4DFF-BDD1-CD27582DA4EA Certificate Of Completion Envelope Id: 6784554DF7194DFFBDD1CD27582DA4EA Status: Completed Subject: Complete with DocuSign: Declaration of Emergency-DEC Property Declaration of Emergency Source Envelope: Document Pages: 2 Signatures: 4 Envelope Originator: Certificate Pages: 2 Initials: 1 Ginny Brummett AutoNav: Enabled EnvelopeId Stamping: Enabled Time Zone: (UTC-06:00) Central Time (US & Canada) 901B Texas Street Denton, TX 76209 Ginny.Brummett@cityofdenton.com IP Address: 198.49.140.10 Record Tracking Status: Original 5/22/2024 10:35:00 AM Holder: Ginny Brummett Ginny.Brummett@cityofdenton.com Location: DocuSign Signer Events Signature Timestamp Megan Gilbreath Megan.Gilbreath@cityofdenton.com HR Director City of Denton - Human Resources Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 198.49.140.10 Sent: 5/22/2024 10:40:03 AM Resent: 5/22/2024 1:21:27 PM Viewed: 5/22/2024 1:53:31 PM Signed: 5/22/2024 1:54:34 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Lori Hewell lori.hewell@cityofdenton.com Purchasing Manager City of Denton Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 198.49.140.10 Sent: 5/22/2024 1:54:35 PM Viewed: 5/22/2024 1:56:48 PM Signed: 5/22/2024 1:56:55 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Marcella Lunn marcella.lunn@cityofdenton.com Senior Deputy City Attorney City of Denton Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 198.49.140.10 Sent: 5/22/2024 1:56:57 PM Resent: 5/23/2024 10:48:58 AM Viewed: 5/23/2024 11:36:58 AM Signed: 5/23/2024 11:38:47 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Sara Hensley sara.hensley@cityofdenton.com City Manager City of Denton Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 107.77.199.197 Signed using mobile Sent: 5/23/2024 11:38:48 AM Viewed: 5/23/2024 11:43:30 AM Signed: 5/23/2024 11:43:55 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign In Person Signer Events Signature Timestamp Editor Delivery Events Status Timestamp Agent Delivery Events Status Timestamp Intermediary Delivery Events Status Timestamp Certified Delivery Events Status Timestamp Carbon Copy Events Status Timestamp Tiffany Harris Tiffany.Harris@cityofdenton.com Risk Supervisor Security Level: Email, Account Authentication (None) Sent: 5/23/2024 11:43:56 AM Viewed: 5/23/2024 12:28:07 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Cheyenne Defee cheyenne.defee@cityofdenton.com Procurement Administration Supervisor City of Denton Security Level: Email, Account Authentication (None) Sent: 5/23/2024 11:43:57 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Witness Events Signature Timestamp Notary Events Signature Timestamp Envelope Summary Events Status Timestamps Envelope Sent Hashed/Encrypted 5/22/2024 10:40:03 AM Envelope Updated Security Checked 5/22/2024 1:19:25 PM Envelope Updated Security Checked 5/22/2024 1:19:25 PM Envelope Updated Security Checked 5/22/2024 1:19:25 PM Envelope Updated Security Checked 5/22/2024 1:19:25 PM Envelope Updated Security Checked 5/22/2024 1:19:25 PM Certified Delivered Security Checked 5/23/2024 11:43:30 AM Signing Complete Security Checked 5/23/2024 11:43:55 AM Completed Security Checked 5/23/2024 11:43:57 AM Payment Events Status Timestamps