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Exhibit 3 - Broker Recommendation Letter LOCKTON COMPANIES 214.969.6700 2100 Ross Avenue, Suite 1400, Dallas, TX 75201-6706 lockton.com 12/3/2020 City of Denton 215 E McKinney Denton, TX 76201 Re: City of Denton 10/1/2020-21 Aviation Renewal Proposal To Whom it May Concern: Thank you for the opportunity to assist the City of Denton with the 2020-21 Aviation policy renewal. The City’s Aviation coverage is a shared program from various underwriters at Lloyd’s. For this renewal, the incumbent, Global Aerospace, was able to offer a very competitive and fairly flat renewal. Lockton recommends the City renew its Aviation Insurance with Global Aerospace for a total annual premium of $14,662. Thank you for the opportunity to work with the City of Denton. Please let us know if you have any questions regarding this renewal. Sincerely, Neil Cohen Senior Vice President, Practice Leader Lockton Companies. City of Denton Re: City of Denton 10/1/2020-21 and 12/31/2020-21 Renewal Proposal Page 2