HomeMy WebLinkAbout26-1505 - 9096 - Ordinance ExecutedORDINANCE NO. 26-1505
AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME -RULE CORPORATION,
PROVIDING FOR, AUTHORIZING, AND APPROVING THE PURCHASE OF PROPERTY
AND BOILER AND MACHINERY INSURANCE COVERAGE FOR THE CITY OF
DENTON, THROUGH THE CITY'S SOLE BROKER OF RECORD LOCKTON
COMPANIES, LLC; PROVIDING FOR THE EXPENDITURE OF FUNDS THEREFOR; AND
PROVIDING AN EFFECTIVE DATE (FILE 9096 — AWARDED TO AFFILIATED FM
INSURANCE COMPANY, IN THE ONE (1) YEAR NOT -TO -EXCEED AMOUNT OF
1,356,112.00).
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; and
WHEREAS, the City Council wishes to procure one or more of the items mentioned in the above
paragraph, and
WHEREAS, the City's insurance broker of record has obtained proposals and City
Council wishes to procure Property and Boiler and Machinery Insurance coverage for a one (1)
year period; and
WHEREAS, this procurement was undertaken as part of the City's governmental
function; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The following purchases of materials, equipment, supplies, or services, as
described in the "File" listed herein and on file in the office of the Purchasing Agent, and the
license terms attached, are hereby approved:
FILE
NUMBER VENDOR AMOUNT
9096 Affiliated FM Insurance Company $1,356,112.00
SECTION 2. 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 their designee.
SECTION 3. This ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this ordinance was made by George Ferrie and
seconded by Suzi Rumohr . The ordinance was passed and approved by
the following vote [ - 01:
Aye
Mayor Chris Watts:
Jordan Villarreal, District 1:
Nick Stevens, District 2:
Suzi Rumohr, District 3:
Joe Holland, District 4:
George Ferrie, At Large Place 5:
Jill Jester, At Large Place 6:
PASSED AND APPROVED this the 22nd
KRISTI GILBERT, CITY SECRETARY
41,44- "__ L
APPROVED AS TO LEGAL FORM:
MACK REINWAND, CITY ATTORNEY
BY:.L-9 G Dual
Nay Abstain Absent
day of S ptember , 2026.
eA,WA-""'
CHRIS WATTS, MAY
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