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services effective January 1, 2024 through December 31, 2026, subject to annual <br />competitive rate evaluation seeking the best service for the best price and non - <br />substantive changes approved by the City Manager and City Attorney (Agreement No. <br />2023-XXX). <br />18. Approve Renewal of Joint Powers Authority Agreement between the City of Santa <br />Ana and Independent Cities Risk Management Authority (ICRMA), and Agreement <br />between the City of Santa Ana and Arthur J. Gallagher and Approve Appropriation, <br />Associated Insurance Premiums, Costs, Programs, and Regulatory Fees for an <br />Amount Not to Exceed $11,625,000 (Non -General Fund) <br />Department(s): Human Resources <br />Recommended Action: 1. Authorize the City Manager to approve the Agreement <br />between the City of Santa Ana ("City") and Arthur J. Gallagher, broker of record, from <br />July 1, 2023 to June 30, 2024, for insurance brokerage services, subject to non - <br />substantive changes approved by the City Manager and City Attorney (Agreement No. <br />2023-XXX). <br />2. Authorize the City Manager to approve payment of insurance premiums and <br />associated programs to ICRMA in an amount not to exceed $7,500,000 protection of <br />City assets, from July 1, 2023 to June 30, 2024 including but not limited to: <br />a. Excess Liability Program <br />b. Excess Workers' Compensation Program <br />c. Auto Physical Damage Program <br />d. Property and Equipment Program <br />e. Crime Program <br />f. Cyber Program <br />g. Associated Programs <br />3. Authorize the City Manager to approve payment of insurance premiums to Arthur <br />J. Gallagher, Broker, in an amount not to exceed $3,325,000 for ancillary coverages of <br />City's assets, from July 1, 2023 to June 30, 2024 including but not limited to: <br />a. General Liability Buffer Program <br />b. Workers' Compensation Buffer Program <br />c. Earth Movement & Flood and Difference in Coverage Program <br />d. Terrorism Insurance Program <br />e. Underground Storage Tank and Environmental Program <br />4. Authorize the City Manager to approve funding to cover FY 2023/24 City Special <br />Events Insurance for events including but not limited to Fourth of July fireworks show, <br />winter events, and other City -sponsored events as created and held, in an amount not <br />to exceed $300,000. <br />5. Authorize the City Manager to approve the City's obligation to pay the State of <br />California DIR estimated assessment in the amount not to exceed $500,000. <br />6. Approval of the Appropriation Adjustment will recognize $1,300,000 in Liability and <br />Property Insurance Revenue, Prior Year Carryforward revenue account (No. <br />08009002-50001) and appropriate the same amount into the Liability & Property <br />City Council 11 8/1/2023 <br />