The record schedule meeting is a milestone for Monday, July 3, 2023. That's the gift. Let's get the personal experiences. We have none. Three claims. Much to a proof. Yes? He said, hi. Hi. Hi. Or, for his minutes, at the June 20th, 2023, regular meeting. Motion. Second. Second. He said, hi. Hi. In the five, same engagement letter from Crawford and Associates. Motion. Second. Second. Second. Second. Second. Second. Six. If I say manager signature on travelers, authorization to bind coverage for the fiscal year 23, 24. CabEx actually ended with travelers during the 30th. And so in order to keep us moving forward, our city manager had to sign the authorization to bind the coverage. and so what this is for is just to recognize his signature. I don't know if you've had time to look at the BR, the air not, but the total premium of all lines of business will be $810,000, $2,076 a year and the approved budget amount was 877 so it came in a little bit less than what we thought it was going to be. They did send out for bits, for other insurance agencies, or companies for me, just, no, that information is not in here. We gave us part of the results and we just, because of the year that we've had, they just really couldn't get, we had $1.9 million worth of claims this year, so this really wasn't the best year to try to get someone else to write our coverage. We've, they've, travelers has paid $348,000 and then they have a $1.6 million pending in claims. But they did open up for bits. They did open up for bits. They did open up for bits. They did open up for bits. They did open up for bits. They got, and they, really, the only person that they got to, to bid on part of was OMAG. And they wouldn't write all of the lines. They wouldn't only do part of it. So if we would have went with OMAG and then the other lines that we would have had to go with separate, it would have cost us $891,000. So this is a calendar that is our broker today who went out and looked at other coverage to see if there was better through travelers or someone else. And then there's a few of them that they do break out. And that's why they go ahead and quote, OMAG and some others. But they put together what they believe were the best rates we could get. And considering the losses we had this late in the fiscal year, that's probably part of the reason why some of the rate was coming back this late, knowing that we were going to run out of time. But we had big claims that were. depending. And so they had to make sure they understood what all of those losses were going to be. And when they basically addressed with the underwriters to get us a new quote. So we kind of came in just under the wire to get the new quote to get it reviewed and then approved. So that's why it's got a few fires. Yeah, hopefully. You know, there's just, you know, a huge losses. So. So we just, we had a 308 percent loss ratio this year. So when you're, if you're a business, if you're an underwriters, you use a how much of my bringing in and plenty and premium, how much of my paid out claims. Yeah, they had a 338 percent loss on us this year. You know, over the last five years, we're committed about 101 percent loss ratio. So we're kind of, they're kind of breaking even on us. So glad they're hanging in there with us. So is there any needs to do a direct deeper dive on what some of these issues are? I mean, obviously, we know what started the fires. I mean, we've got a lot of bomb in the past looking at the trend. It feels like maybe corrective actions need to be taken. So what we've actually done is is they have some things they're going to be working with us on that. Gowder has some programs as well as travelers that we're going to be taking advantage of to see if what we can be doing to mitigate our risk. And that may be personal training safety training, things like that, but we agree that we need to be doing everything we can to make sure that we're not. Getting to this loss ratio because we need to have better numbers than this. It's expensive to have a bad loss ratio right here. Your rates are going to go on. So yeah, we've talked about and worked with them and they had lots of great programs that they're going to make it available to us at no cost. It's just obviously what they do. So we've committed, in fact, I had a conversation with Chris about it today and leaving on him as well. Just him in Travis and Kevin to start seeing how we roll this out. A city wide and then kind of doing a deeper dive and making sure that we're protecting our assets and protecting our people. So this thing we have tonight we really don't have a choice. Nope. You're ratifying the signature that we've already put in Mark here. Get it with all this. You have a great work on relationship these guys. You're good. Yep. We have a party. We will be having a party. We will be having a party. Oh thanks. You just bullet. Yeah, the 14th will be his last day. If we don't okay, since boy already signed it, h

window.dataLayer = window.dataLayer || []; function gtag() { dataLayer.push(arguments); } gtag('js', new Date()); gtag('config', 'G-X9VGCCGG49', { 'request_origin':'external' }); City Council Regular Meeting body{ margin-top: .5in; margin-bottom: .5in; margin-right: .5in ; margin-left: .5in; text-align: justify; font-family: Calibri, Candara, Segoe, 'Segoe UI', Optima, Arial, sans-serif; font-size: 14px; } table{ text-align: justify; border-spacing: 5px; padding: 0; font-size: 11pt; } td { text-align: justify; vertical-align:top; } .numberspace { width: 30px; vertical-align: top; text-align: left; } .ul {text-decoration: underline;} /* Prevents logo resizing on print */ img { max-width: 100%; height: auto; } NOTICE OF REGULAR MEETING AND AGENDA OF THE MIAMI CITY COUNCIL Monday, July 3, 2023 6:00 p.m. OR IMMEDIATELY FOLLOWING THE COMPLETION OF THE MEETING OF THE MIAMI SPECIAL UTILITY AUTHORITY MIAMI CIVIC CENTER 129 5th Avenue Northwest, Miami, Oklahoma Filed in the Office of the City Clerk and displayed in the main lobby of the Miami Civic Center and by posting on www.miamiokla.net. THE COUNCIL MAY DISCUSS, CONSIDER, AND VOTE ON ANY ITEM LISTED IN THIS AGENDA: blockquote { margin-left: 40px; margin-right: 0px; margin-top: 0px; margin-bottom: 0px; }@media print { a { color: black; } } 1. Call to Order                                                                                  Mayor Parker 2. Public Input and Unscheduled Personal Appearances Each person will be limited to 3 minutes on agenda items only. The purpose of this agenda item is to provide an opportunity for citizens' comments on agenda items. Council members do not engage in discussion under this agenda item, and staff members are directed not to. If you seek discussion or inquiry, please contact your Councilmember, the Mayor or the office of the City Manager. Responses to citizen comments, if any, will occur under the applicable agenda item or may be reserved for further response by phone call, personal meeting, or a posting on the website: www.miamiokla.net 3. *Action Item* Claims                                                                                        City Council Claims List FY 22-23 Claims List FY 23-24 4. *Action Item* Minutes:  June 20, 2023 (Regular)                                                                                  City Council Minutes 5. *Action Item* Crawford & Associates Engagement Letter for Accounting Services in Fiscal Year 2023-2024                                            Kristi McClain  BA Engagement Letter 6. *Action Item* Ratify City Manager’s Signature on Travelers Authorization to Bind Coverage for Fiscal Year 2023-2024                        Cindy Vanover BA Signed Authorization to Bind Coverage Executive Summary 7. *Potential Action Item* Other New Business, if any, Which has Arisen Since the Posting of the Agenda and Could not Have Been Anticipated Prior to the Time of Posting (25 O.S. § 311(9)) City Council/ Bo Reese 8. Mayor and Council Community Announcements                                                                              City Council 9. City Manager’s Communications                                                                                                                                Bo Reese 10. *Action Item* Adjournment                                                                                      City Council The Mayor and City Council of the City of Miami are committed to making this meeting accessible to all citizens and if special assistance or accommodations are required, please submit your request to the city manager’s office. We also ask that those in attendance turn off or place on silent all cell phones or pagers.