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HomeMy WebLinkAboutR-2019-089 Purchase Auto and Liability Insurance from MOPERM $132,140 RESOLUTION NO. R — 2019-089 A,RESOLUTION AUTHORIZING THE PURCHASE OF AUTO AND LIABILITY INSURANCE FROM THE MISSOURI PUBLIC ENTITY RISK MANAGEMENT FUND INSURANCE COMPANY FOR THE ANNUAL PREMIUM RENEWAL IN AN AMOUNT NOT TO EXCEED $132,140. WHEREAS, the City of Riverside has a need for auto and liability insurance coverage on all city owned vehicles and property; and WHEREAS, the City of Riverside in the adoption of its purchasing policy requires all expenditures in excess of $10,000 to be presented to the Board of Aldermen for approval and the City's insurance carrier for auto and liability insurance has presented an invoice in the amount of $132,140.00 for annual renewal of such insurance coverage; and WHEREAS, funds for such purpose were budgeted in the Fiscal Year 2019-2020 budget; and WHEREAS, the Board of Aldermen find it is in the best interest of the citizens of the City of Riverside to authorize acquisition and renewal of such insurance coverage and approve the payment to Missouri Public Entity Risk Management Fund (MoPerm) for auto and liability insurance coverage for the City of Riverside, in an amount not to exceed $132,140.00. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: THAT, the acquisition and renewal of such insurance coverage and payment to Missouri Public Entity Risk Management Fund (MoPerm) for auto and liability insurance coverage, in an amount not to exceed $132,140.00 is hereby authorized and approved; and FURTHER THAT the Mayor, City Administrator, or either of their designees, are hereby authorized to execute all documents necessary or incidental to this transaction and the City Clerk is authorized to attest thereto. PASSED AND ADOPTED by'the Board of Aldermen and APPROVED by the Mayor of the City of Riverside, Missouri, the-1.61 day of July,2019. MWor Kathleen L. R se ATTEST , .. o inc in`cad,' ity-Clerk S`; AKFEW INVOICE MISSOURI PUBLIC ENTITY RISK MANAGEMENT FUND 3425 Constitution Court, 3rd Floor P.O. Box 7110 Jefferson City MO 65102 (888)566-7376 Fax(573)751-8276 Date Invoice Number 6-28-2019 136875 Account Number Policy Number 1002 LP-1002-201907 Invoice To: CITY OF RIVERSIDE Policy Term:July 1,2019 to July 1, 2020 2950 NW VIVION RD RIVERSIDE MO 64150 TERMS DUE UPON RECEIPT PLEASE REMIT PAYMENT TO: MOPERM 3425 Constitution Court, 3rd Floor P.O. Box 7110 Jefferson City MO 65102 Description Amount Auto Physical Damage(Fleet) $23,050.00 Automobile Liability(Fleet) $15,130.00 General Liability $17,361.00 Employment Practices Liability $34,229.00 Errors&Omissions Liability $3,232.00 Law Enforcement Liability $35,000.00 Healthcare Malpractice $2,738.00 Cyber&Information Breach Coverage $1,400.00 TOTAL AMOUNT DUE $132,140.00 MOPERM INFORMATION REQUEST Liability This is the information we have on file for your entity. Please review it, make any necessary changes and return this form to us at your earliest convenience. If no changes have been made, do not return this form. The form may be returned by email to renewalsCcDmoperm.com. It may also be faxed to 573-751-8276 (we do not need the original) or sent by regular mail to PO Box 7110, Jefferson City, MO 65102. Thank you. Entity Name: CITY OF RIVERSIDE Policy No.: LP-1002-201907 Primary Contact ROBIN KINCAID Title: CITY CLERK Person: Physical 2950 NW VIVION RD RIVERSIDE, MO 64150 Month Fiscal 6 Address: Year Ends' Mailing Address: 2950 NW VIVION RD RIVERSIDE, MO 64150 County: Platte Contact Email::7rkincaid@riversidemo.com Phone: (816)741-3993 Fax: (816)746-8349 171 Member Information is correct. *A "13" indicates that the member's policy is for automobile coverage only. zk� Signature Date