Skip to main content

AgendaQuick™

View Agenda Item

AI- 4466
13.E.
CC REGULAR
Meeting Date:
07/03/2007
Submitted For:
Roy Quintanilha
Submitted By:
Rosie Luna, SAFETY/WORKERS' COMP. DIVISION
Department:
SAFETY DIVISION

Information

CAPTION

Safety Division:
A. Requesting approval to submit payment in the amount of $667,973.00 for Short Term Coverage (7/10/07-12/31/07) presented by and through Montalvo Insurance Agency as follows: 

Insurance

Insurance Provider

Amount

Obj

Commercial Property Chubb-Federal Insurance Company

$147,542.00

521

Commercial Exporters Chubb-Great Northern Insurance Company

$1,668.00

522

General Liability Ace-Illinois Union Insurance Company

$214,217.00

524

Law Enforcement Liability Ace-Illinois Union Insurance Company

$67,679.00

524

Public Officials Liability Ace-Illinois Union Insurance Company

$73,983.00

523

Auto Liability Ace-Illinois Union Insurance Company

$120,976.00

522

Auto Physical Damage Lexington Insurance Company

$41,908.00

522

 

Total Premium for (7/10/07-12/31/07)

$667,973.00

*
*Payment funding is pending transfers (refer to item AI-4390 & AI-4462)

B.  Discussion and action to authorize Hidalgo County Auditor's to issue a Check for the amount of $667,973.00 made payable to MONTALVO INSURANCE AGENCY.

BACKGROUND


Fiscal Impact

FISCAL YEAR:
ACCT. #:
7-1100-419-00-115-025-0-XXX
FUNDS AVAILABLE Y/N?:
Pending
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Available balance in 521 is $150,053.78 as of 6/28/07.
Available balance in 522 is $144,999.84 as of 6/28/07.
Available balance in 523 is $59,854.88 as of 6/28/07.
Available balance in 523 is $171,407.41 as of 6/28/07.

Requested Payment as follows:
Payment from object code 521 in the amount of

$147,542.00

Payment from object code 522 in the amount of

$164,552.00

Payment from object code 523 in the amount of

$73,983.00

Payment from object code 524 in the amount of

$281,896.00

*Total Payment for Insurance Premium

$667,973.00

*Payment funding is pending transfers (refer to item AI-4390 & AI-4462)

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Dina Trevino 06/28/2007 02:42 PM
Purchasing / Internal msalazar 06/29/2007 09:12 AM
Auditor's Office 06/29/2007 04:34 PM
Form Started By:
Rosie Luna
Started On:
06/28/2007 01:24 PM
Final Approval Date:
06/29/2007