HomeMy WebLinkAboutPR 20180: RENEW INSURANCE POLICIES FOR VARIOUS LOCATIONS WITH WRIGHT NATIONAL FLOOD INSURANCE P.R. No. 20180
03/27/18 TAW
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER TO RENEW
INSURANCE POLICIES FOR VARIOUS LOCATIONS WITH WRIGHT
NATIONAL FLOOD INSURANCE COMPANY FOR FLOOD INSURANCE IN
THE AMOUNT OF $70,281.00. PROPOSED FUNDING BY:612-1702-581.52-
00 -$70,281.00 LIABILITY INSURANCE FUND
WHEREAS, the flood insurance for various locations throughout the City of Port Arthur
will expire on different dates as shown in Attachment "A" (attached); and,
WHEREAS, this will be a renewal of the city's flood insurance under the National
Flood Insurance Program; and,
WHEREAS, the policy renewals will be effective for one (1) year of current expiration
date.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PORT ARTHUR, TEXAS:
Section 1. That, the facts and opinions in the preamble are true and correct.
Section 2. That, the City Manager is hereby authorized to renew insurance contracts
with Wright National Flood Insurance for flood insurance in the amount of $70,281.00.
Section 3. That, a copy of this Resolution be spread upon the minutes of the City
Council.
P.R. No. 20180
03/27/18 TAW
READ, ADOPTED, AND APPROVED this day of , AD, 2018, at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following vote:
AYES: Mayor , Councilmembers
NOES:
Derrick Ford Freeman, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED AS TO FORM:
ul,/ 6
Val Tizeno, City ttjbrney
APPROVED FOR ADMINISTRATION:
Harvey Robinson, Interim City Manager
ATTACHMENT "A "
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