HomeMy WebLinkAbout16735 1 RESOLUTION NO. 16,735
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3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO A ONE (1)- YEAR CONTRACT WITH SAFETY NATIONAL
5 CASUALTY CORPORATION, IN AN AMOUNT NOT TO EXCEED TWO
6 HUNDRED FORTY-EIGHT THOUSAND, NINE HUNDRED SEVENTY
7 DOLLARS ($248,970.00), PLUS APPLICABLE TAXES AND FEES, FOR
8 EXCESS WORKERS' COMPENSATION INSURANCE FOR A ONE (1)
9 YEAR TERM; AND, FOR OTHER PURPOSES.
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11 WHEREAS, it is necessary for the City of Little Rock (the "City")to include excess workers' com-
12 pensation insurance in its coverage portfolio,and the City's current Insurance Broker,Gallagher Insurance,
13 ("Broker") has solicited quotes, and it is the Broker's and the City's Human Resource Department's rec-
14 ommendation to bind the renewal quote from Safety National Casualty Corporation for the term of July 1,
15 2025,to July 1, 2026.
16 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
17 OF LITTLE ROCK,ARKANSAS:
18 Section 1. The City Manager is authorized to enter into a contract with Safety National Casualty Cor-
19 poration to secure excess workers' compensation insurance for the City for a premium not to exceed Two
20 Hundred Forty-Eight Thousand, Nine Hundred Seventy Dollars ($248,970.00), plus applicable taxes and
21 fees, for the term of July 1,2025,to July 1, 2026.
22 Section 2. Funds for this agreement are included in the 2025-2026 budget line items for Excess Work-
23 ers' Compensation Insurance,Account No. 100000-14010.
24 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
25 word of this Resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
26 adjudication shall not affect the remaining portions of the Resolution which shall remain in full force and
27 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
28 resolution.
29 Section 4. Repealer. All laws,ordinances, resolutions,or parts of the same,that are inconsistent with
30 the provisions of this resolution,are hereby repealed to the extent of such conflict.
31 ADOPTED: June 17,2025
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1 ATTEST: APPROVED:
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3 a°-1,.,.1-
4 Allison Segars,City erk Frank Scott,Jr.,Mayor
5 APPROVED AS TO LEGAL FORM:
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7 c7%....12-14A--14.9 al/. CidTalit-
8 Thomas M.Carpenter,City Attorney
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