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HomeMy WebLinkAboutR-07-0123City of Miami Legislation Resolution: R-07-0123 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00270 Final Action Date: 3/8/2007 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE THE 2007-2008 EXTENSION (THE "2007-2008 EXTENSION") TO THE PROFESSIONAL SERVICES AGREEMENT (THE "ORIGINAL AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, WITH BROWN AND BROWN, INC., TO PROVIDE INSURANCE BROKERAGE SERVICES FORAONE-YEAR PERIOD EFFECTIVE THROUGH FEBRUARY 28, 2008, PURSUANT TO REQUEST FOR LETTERS OF INTEREST NO. 02-03-032, SUBJECT TO THE TERMS, CONDITIONS AND PRICING OF THE ORIGINAL AGREEMENT, IN AN ANNUAL AMOUNT NOT TO EXCEED $110,000; ALLOCATING FUNDS IN AN ANNUAL AMOUNT NOT TO EXCEED $110,000, FROM ACCOUNT CODE NO. 05002.301001.545000, FOR THE CURRENT FISCAL YEAR WITH FUTURE FISCAL YEAR FUNDING SUBJECT ONLY TO BUDGETARY APPROVAL. WHEREAS, the City of Miami issued Request for Letters of Interest No. 02-03-032 (the "RFLI") for insurance brokerage services, which authorized the execution of a professional services agreement (the "Original Agreement") with the successful broker for a one-year period with the option to extend for four additional one-year periods for a total of five (5) years; and WHEREAS, pursuant to Resolution No. 03-515, adopted May 22, 2003, the City Commission approved the recommendation of Brown and Brown, Inc. and authorized the execution of an agreement for a one-year period for 2003-2004, with the option to extend for an additional one-year period for 2004-2005; and WHEREAS, pursuant to Resolution No. 05-0123 adopted February 24, 2005, the City Commission approved the recommendation of Brown and Brown, Inc. and authorized the execution of an extension agreement for a one-year period for 2005-2006 with the option to extend for an additional one year period for 2006-2007; and WHEREAS, the Department of Risk Management is seeking the continued services of Brown and Brown, Inc. as authorized by the RFLI, by renewing and extending the existing contract, at the same cost, terms, and conditions for a one-year period ending February 28, 2008, as the final extension permitted by the RFLI; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Manager is authorized{1} to execute the 2007-2008 Extension to the Original Agreement, in substantially the attached form, with Brown and Brown, Inc., to provide insurance City of Miami Page 1 of 2 File Id: 07-00270 (Version: 1) Printed On: 3/20/2017 File Number: 07-00270 Enactment Number: R-07-0123 brokerage services for a one-year period effective through February 28, 2008 pursuant to the RFLI, subject to the terms, conditions and pricing of said Original Agreement, in an annual amount not to exceed $110,000, with funds allocated in an annual amount not to exceed $110,000, from Account Code No. 05002.301001.545000, for the current Fiscal Year with future Fiscal Year funding subject only to budgetary approval. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 07-00270 (Version: 1) Printed On: 3/20/2017