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2016-416ORDINANCE • AN ORDINANCE OF THE CITY OF DENTON, TEXAS PROVIDING FOR, AUTHORIZING, AND APPROVING THE PURCHASE OF EXCESS WORKERS' COMPENSATION INSURANCE COVERAGE FOR THE CITY OF DENTON, THROUGH THE CITY'S SOLE BROKER OF RECORD, MCGRIFF, SEIBELS, AND WILLIAMS OF TEXAS, INC., AND IN ACCORDANCE WITH CHAPTER 252.024 OF THE TEXAS LOCAL GOVERNMENT CODE SUCH COVERAGE IS EXEMPT FROM THE REQUIREMENTS OF COMPETITIVE BIDDING; AND PROVIDING AN EFFECTIVE DATE (FILE 6311 AWARDED TO MIDWEST EMPLOYERS CASUALTY COMPANY AT A RATE OF $0.1599 PER 00 OF PAYROLL IN THE ESTIMATEr ONE YEAR AMOUNT OF AND I YEAR ESTIMATED• 1 -EXCEED AMOUNT OF $486,000). WHEREAS, Sectioti 252.024 of the 1,ocal Qoycniiiiept Code provides that a municipality may select - -r insurance broker • ' broker of - . to obtainproposals coverages for excess or surplus insurance that provides necessary coverage and adequate limits of coverage in structured layered excess coverages in all areas of risk requiring special consideration, public official• professional .• and airport liability; WHEREAS,9,nd need not be submitted to competitive bids; and City Council_ to procure • or more of - items mentioned in abovethe paragraph; O R OR listedSECTION 1. The following purchase of materials 'equipment or supplies, as described in the "File" hereon,and on office of the Purchasing Agent, and the license attachedterms are herebyapproved: FILE NUMBER VENDOR AMOUNT 6311 Midwest Employers Casualty Company $486,00* SECTION 2. The City Council hereby finds that this bid, and the award thereof, constitutes a procurement of items . t are available from only one source, including, items that are only available from one source because of patents, copyrights, secret processes or natural • ••• • or ••• gas, water and other utility purchases; SECTION 3. 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 4. The City Manager 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 5. The City Council of the City of Denton, Texas hereby expressly delegates the authority to take any actions that may be required or permitted to be performed by the City of Denton under File 6311 to the City Manager of the City of Denton, Texas, or his designee. SECTION 6. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the k -") - day of 2016. CHRIS WATTS, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY A BY: BY: