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HomeMy WebLinkAbout12-192 Insurance Agent of Record 4646 Dakota Street SE Prior Lake, MN 55372 R ESOLUTION 1 2 - 192 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE CITY’S STANDARDIZED PROFESSIONAL SERVICES CONTRACT FOR PROFESSIONAL INSURANCE AGENT OF RECORD SERVICES FOR THE YEARS 201 3 - 2017 Motion By: Soukup Second By: Erickson WHEREAS, The City of Prior Lake is required to utilize an insurance agent to secure property/casualty insurance through the League of Minnesota Cities Insurance Trust ; and WHEREAS, The City seeks to provide the highest quality service for the best value ; and WHEREAS, The City of Prior Lake solicited “Requests for Proposals” for professional services on the League of Minnesota Cities Website and via direct mailings to Insurance Agent Firms ; and WHEREAS, The City received and reviewed seven proposals, conducted oral interviews, contacted references and recommends that the firm of Northern Capital Insurance Group is hired to provide professional insurance agent of reco rd services for calendar years 2013 - 2017 . NOW THEREFORE , BE IT HEREBY RESOLVE D BY THE CITY COUNCI L OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Northern Capital Insurance Group is hereby authorized to provide professional insurance agent of record services for the City of Prior Lake for calendar years 2013 - 2017 in the maximum amount of $ 45,000 .00 . 3. The Mayor and City Manager are authorized to execute the City’s Standardized Professional Services Ag reement with Northern Capital Insurance Group on behalf of the City. 4. Funding for these professional services will be drawn from the General Fund . PASSED AND ADOPTED THIS 26 DAY OF NOVEMBER 201 2 . TH YES NO Myser X Myser Erickson X Erickson Hedberg X Hedberg Keeney X Keeney Soukup X Soukup ______________________________ Frank Boyles, City Manager