File #: 2023-0229    Version: 1
Type: Purchase Status: Passed
File created: 5/4/2023 In control: City Council Regular Meeting
On agenda: Final action: 6/5/2023
Title: Request for Purchase Authorization - FISCAL: Approval of Insurance Coverage (general liability, motor vehicle physical damage, property and crime coverage) pool contributions/costs, legal defense and risk management consulting in the amount not-to-exceed $449,825.00; Michigan Municipal Risk Management Authority, Livonia, MI
Attachments: 1. 060523 Agenda Summary.pdf, 2. MMRMA Insurance Proposal.pdf, 3. Premium and Net Asset Distributions.pdf, 4. Resolution (Draft).pdf

Title

Request for Purchase Authorization - FISCAL:  Approval of Insurance Coverage (general liability, motor vehicle physical damage, property and crime coverage) pool contributions/costs, legal defense and risk management consulting in the amount not-to-exceed $449,825.00; Michigan Municipal Risk Management Authority, Livonia, MI

 

Body

Resolved, that the City of Rochester Hills City Council hereby authorizes a Blanket Purchase Order/contribution to the Michigan Municipal Risk Management Authority (MMRMA) of Livonia, Michigan, for general liability, motor vehicle physical damage, property and crime coverage, pool contributions, stop loss coverage, SIR (self-insured retention) fund replenishment, and risk management consulting in the amount not-to-exceed $449,825 for the period of July 1, 2023 through July 1, 2024.