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272
<br />
<br />April 12, 1983
<br />
<br /> 83-130 - Letter from the City Manager recommending adoption of an ordinance to amend the
<br />Code of the City/of Portsmouth, by amending Section 2-19 pertaining to self-insurance fund
<br />and by repealing Section 2-4 pertaining to bonds of personnel. Adoption of this ordinance
<br />will result in a savings to the City in premium costs of approximately $70,000 and the poten-
<br />tial for saving millions.
<br />
<br /> "The Comprehensive Risk Management Program has been under development over the past
<br />several months, and bids have now been analyzed for the purchase of insurance policies. The
<br />results are successful beyon~ all expectations. The new program affords much broader property
<br />and liability coverage at a preium cost of approximately $70,000 less; and, ~ould possibly saw
<br />the City of Portsmouth millions of dollars. It is recommended that the bid proposal be awarde~
<br />to the company ranked first by the consultant, Marsh and McLennan, Inc.
<br />
<br /> The consultant's evaluation of the bid proposals is attached. Proposals were also re-
<br />ceived from Commercial Insurance Agency, Alexander and Alexander, and Welton, Duke and Hawks.
<br />The Marsh proposal is priced at about $15,000 less than the second ranked proposal, that of
<br />Commercial Insurance Agency. The Marsh proposal also has lower deductibles on several of the
<br />important coverages.
<br />
<br /> The insurance coverage specifications submitted to the agencies for the bid allowed a de-
<br />gree of flexibility to encourage the Use of underwriting expertise in developing the insuranc~
<br />package most suitable to the particular needs of the City of Portsmouth. As a result of the
<br />allowed fexibility the consultant raised questions on each proposal, including several on the
<br />Marsh proposal, stated on pages 3 and 4 of the evaluation. The consultant advised the City
<br />administration to address the questions raised prior to awarding the bid. The staff of the
<br />Finance Department has reviewed each question raised on the first ranked proposal. The staff
<br />has analyzed the financial statements of the insurance carriers used in the Marsh proposal,
<br />and found the companies to be in satisfactory financiai~ ~Ondition~ The two staff reports and
<br />a letter from the City Attorney are attached for your revi6w.
<br />
<br /> The development of this comprehensive risk management program has been accomplished by
<br />the risk management consultant working closely with the staffs of the Finance and Law Depart-
<br />ments. In particular, Mr. Lee Hollett of the Finance Department staff has performed a key rol.
<br />in this process, and is to be commended for his fine efforts. The City Attorney and Director
<br />of Finance have been involved throughout the development process, and they have thoroughly re-
<br />viewed the insurance proposalB~ They, as well as I, find the awarding of the Marsh proposal,
<br />and passage of the proposed Code amendments to be in the best interest of the City, and we re-
<br />quest immediate approval in order to allow the program to become effective May 1, 1983."
<br />
<br /> On motion of Mr. Whitlow and seconded by Mr. Gray, the following ordinance was adopted
<br />on first and final reading, and by the following vote:
<br />
<br />"AN ORDINANCE TO AMEND THE CODE OF THE CIiTY OF PORTSMOUTH, VIRGINIA, 1973,
<br />AS AMENDED, BY AMENDING SECTION 2-19 PERTAINING TO SELF-INSURANCE FUND AND BY
<br />REPEALING SECTION 2-4 PERTAINING TO BONDS OF PERSONNEL."
<br />
<br />Ayes: Barnes, Beamer, Gray, Riley, Webb, Whitlow, Johansen
<br />Nays: None
<br />
<br /> 83-13I - Letter from the City Manager r~commending adoption of an ordinance to amend the
<br />Code of the City of Portsmouth, by amending Section 23-182 pertaining to a portion of King Strc
<br />being one way.
<br />
<br />Letter refers to Items 83-131 and 83-132
<br />
<br /> "On March 22, 1983, City Council, in accordance with the requirements of the State law,
<br />appointed viewers after due advertisement relative to the application for closure of a portion
<br />of King Street filed on behalf of 21st High Properties. The viewers have reported that there
<br />would be no objections to the closing of this portion of King Street behind the former Sears'
<br />Store from Williamsburg Avenue west 375 feet to the property line.
<br />
<br /> Both the viewers and the Planning Commission have recommended that the remaining portion
<br />King Street from the property line west to Yorktown Avenue should be ehanged from a one-way
<br />street in a westerly direction to a two-way street. This change would provide ingress and
<br />egress access to the remaining property-owners on King Street beyond the former Sears' propert
<br />
<br /> The attached Ordinance closing the applicable portion of King Street and designating the
<br />remaining portion between Williamsburg Avenue and Yorktown Avenue as two-way have b~en preparec
<br />by the City Attorney. I recommend adoption of these ordinances."
<br />
<br /> 83-132 - Letter from the City Manager recommending adoption of an ordinance closing a
<br />port£6n of!Ki~g~S~reet~ (See letter above)
<br />
<br /> Howard E. Gordon, 1010 Plaza One, N~folk, spoke in support of closing a portion of King
<br />Street,~without conditions as to reservations requiring any re-dedication at a future time.
<br />
<br /> On motion of Mr. Whitlow and seconded by Mr. Barnes, the following ordinance was adopted~
<br />on~ifirst and~fin~l~!e~ding, and by the following vote:
<br />
<br />"ANN ORDINANCE CLOSING A PORTION OF KING STREET."
<br />
<br />Ayes: Barnes, Beamer, Gray, Holley, Webb, Whitlow, Johansen
<br />Nays: None
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