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HomeMy WebLinkAbout2017 CON Bartel Associates - Compensation Services Pension Employment Benefit Plans - Amendment #1FIRST AMENDMENT TO THE AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL CITY AND BARTEL ASSOCIATES, LLC. This First Amendment to the Agreement is entered into this 13th day of February, 2017 by and between the City of National City, a municipal corporation (the "CITY"), and Bartel Associates, LLC, a limited liability company (the "CONSULTANT"). RECITALS WHEREAS, the CITY and CONSULTANT entered into an agreement on August 25, 2016 (the "Agreement") wherein the CONSULTANT agreed to provide actuarial consulting services related to the CITY's pension and other postemployment benefit plans; and WHEREAS, the original Agreement had a not -to -exceed amount of $10,500 and an expiration date of September 1, 2016; and WHEREAS, the parties desire to amend the Agreement to extend the expiration of the Agreement to June 30, 2017 for the not -to -exceed amount of $16,000 and to increase the scope of work to include analysis of the City's other postemployment valuations and preparation for and attendance of one City Council meeting or workshop, as set forth in attached Exhibit "A." NOW, THEREFORE, the parties hereto agree that the Agreement entered into on August 25, 2016 shall be amended as follows: 1. The term of the Agreement shall be extended to June 30, 2017. 2. The Scope of Work shall be increased to include analysis of the City's other postemployment valuations and preparation for and attendance of one City Council meeting or workshop, as set forth in attached Exhibit "A," for the not -to -exceed amount of $5,500, for a total not -to -exceed amount of $16,000. 3. The parties further agree that, except for enumerated items 1 and 2 above, each and every term and provision of the Agreement dated August 25, 2016 shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to the Agreement on the date and year first above written. [Signature Page to Follow] CITY OF NATIONAL CITY Leslie Deese, City Manager APPROVED AS TO FORM: George H. iser, III Interim City Attorney BARTEL ASSOCIATES, LLC By: John E. Bartel, President Exhibit A BARTEL ASSOCIATES, LLC SCOPE OF SERVICES Project Ca1PERS pension plan contribution rates, including asset return sensitivity, for each fiscal year through 2025/26, showing the impact of: • PEPRA changes; • Ca1PERS new pension plan contribution policy; • assumption changes; and • risk mitigation strategy. Provide a comprehensive pension review and an other postemployment benefit ("OPEB") plan review, including: • review of City of National City ("City") historical actuarial pension valuation reports; • review Ca1PERS Contract Amendment Cost Analysis for each City group; • review of City actuarial OPEB valuation reports; • discussion of paying down the City's unfunded pension and OPEB liabilities, including options available to pre -fund the liabilities; • two (2) meetings with City staff to discuss results, the first to discuss our initial review and the second to analyze the impact of alternatives to pay down the City's unfunded liabilities; and • preparation for and attendance of one (1) City Council meeting or workshop to present results; and • recommendation(s) to pay down the City's unfunded liabilities. Review and analysis will be summarized in a written discussion outline with significant detail, which will be delivered to the City by May 31, 2016. An Executive Summary, a stand-alone report summarizing results, will be delivered to the City by March 30, 2017. ACORE CERTIFICATE OF LIABILITY INSURANCE `-'----- DATE(MM/DD/YYYY) 01 /09/2017 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT ROBERT B RICE, JR. SARGEANT INSURANCE AGENCY, LLC Painter Ave Ste 210 AHO NNo, Est):818-561-2600 ;q/c, No): 818-436-5988 C7740 ADDRESS: ROBERT@SARGEANTINSURANCE.COM INSURER(S) AFFORDING COVERAGE NAIC # Whittier CA 90602-2477 INSURER A : LIBERTY MUTUAL/ Ohio Security Insurance 24082 INSURED INSURERS: AMTRUST/TECHNOLOGY INSURANCE CO 42376 BARTEL ASSOCIATES, LLC INSURER C : INDIAN HARBOR INSURANCE COMPANY 36940 411 BOREL AVE STE 101 INSURER D INSURER E : SAN MATEO CA 94402-3525 INSURER F : CERTIFICATE NUMBER: • THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR LTR TYPE OF INSURANCE ADDL INSD SUBR WVD POLICY NUMBER POLICY EFF (MMIDD YYYV) POLICY EXP (MM/DD/VYYY) LIMITS A X COMMERCIAL GENERAL LIABILITY X BKS (17) 57297374 09/01/2016 09/01/2017 EACH OCCURRENCE $ 2,000,000 CLAIMS -MADE l %\ OCCUR DAMAGE TO RENTED PREMISES (Ea occurrence) $ 2,000,000 MED EXP (Any one person) $ 10,000 PERSONAL & ADV INJURY $ 2,000,000 GEN'L XPOLICY AGGREGATE I OTHER: LIMIT APPLIES JET PER: LOC GENERAL AGGREGATE $ 4,000,000 PRODUCTS - COMP/OP AGG $ 4,000,000 $ A AUTOMOBILE LIABILITY ANY AUTO OWNED SCHEDULED X (17) BAS57297374 09/01/2016 09/01/2017 COMBINED SINGLE LIMIT (Ea accident) $ 1,000,000 BODILY INJURY (Per person) $ BODILYINJURY(Peraccident) $ PROPERTY DAMAGE (Per accident) $ UMBRELLA LIAB EXCESS LIAB O OCCUR CLAIMS -MADE EACH OCCURRENCE $ AGGREGATE $ DED RETENTION $ $ B WORKERS COMPENSATION AND EMPLOYERS' LIABILITY ANY /EXCLUDED??ECUTIVE OFFICER/MEMBER (Mandatory In NH) If yes, describe under DESCRIPTION OF OPERATIONS below ,, / N N/A X TWC3571825 09/01/2016 09/01/2017 X PER STATUTE _ EERH E.L. EACH ACCIDENT $ 1,000,000 E.L. DISEASE - EA EMPLOYEE $ 1,000,000 E.L. DISEASE - POLICY LIMIT $ 1,000,000 C MISC. PROFESSIONAL LIABILITY MPP001715212 09/01/2016 09/01/2017 Per OCCURANCE ANNUAL Aggregate $5,000,000 $5,000,000 DESCRIPTION OF OPERATIONS / LOCATIONS 1 VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) THE CITY OF NATIONAL CITY, ITS OFFICERS, ELECTED OFFICIALS, AGENTS, AND EMPLOYEES ARE HEREBY NAMED AS AN ADDITIONAL INSURED BY CONTRACT ON POLICY # BKS (17) 57297374 AND # BAS (17) 57297374 AS RESPECTS TO OPERATIONS OF THE NAMED INSURED ONLY. SEE ATTACHED FORMS CA 7135. COVERAGE UNDER POLICY # BKS (17) 57297374 AND # BAS (17) 57297374 IS PRIMARY AND NON-CONTRIBUTORY ABOVE ANY OTHER INSURANCE THE CERTIFICATE HOLDER(S) MAY CARRY. 30 DAY NOTICE OF CANCELLATION. CITY OF NATIONAL CITY 1243 NATIONAL CITY BOULEVARD NATIONAL CITY CA 91950-4301 ACORD 25 (2016/03) CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE ©1988-2015 ACORD CORPORATION'. All rights reserved. The ACORD name and logo are registered marks of ACORD INSURED: BARTEL-ASSOCIATES POLICY NUMBER: BKS (17) 57297374 ENDORSEMENT NUMBER: 1 THIS ENDORSEMENT CHANGES THE POLICY, PLEASE READ IT CAREFULLY. ADDITIONAL INSURED - OWNERS, LESSEES OR CONTRACTORS (FORM B) This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART. SCHEDULE Name of Organization: THE CITY OF NATIONAL CITY, ITS ELECTED OFFICERS, AGENTS, AND EMPLOYEES. WHO IS AN INSURED (Section II) is amended to include as an insured the person or organization shown in the Schedule, but only with respect to liability arising out of "your work" for that insured by or for you. Modifications to ISO form CG 20 10 11 85: 1. This insurance shall be primary as respects the Additional Insured(s) or if excess, shall stand in an unbroken chain of coverage excess of the Named Insured's scheduled underlying primary coverage. In either event, any other insurance maintained by the Additional Insured(s) shall be in excess of this insurance and shall not be called upon to contribute with it. 2. The insurance afforded by this policy shall not be canceled except after thirty (30) days' advance written notice has been given to the Additional Insured(s). (10 days advance written notice for non-payment). 3. The Insurer named above waives any right of recovery the Insurer may have against the Additional Insured(s) when the Insured has agreed to such waiver in writing prior to loss. 4. Coverage shall not extend to any indemnity coverage for the active negligence of the Additional Insured(s) in any case where an agreement to indemnify the Additional Insured(s) would be invalid under Subdivision (b) of section 2782 of the Civil Code (construction contracts with public agencies). Signature -Authorized Representative: R.orbe-E- 8. Rice- CG 20 10 11 85 Insurance Services Office, Inc. Form (Modified) Policy Number: BAS 57 29 73 74 Effective: 09/01/2017 to 09/01/2017 COMMERCIAL AUTO UGCA 35 99 01 07 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED ENDORSEMENT This endorsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM SCHEDULE Name Of Person Or Organization: CITY OF NATIONAL CITY, IT'S OFFICERS, ELECTED OFFICIALS, AGENTS, AND EMPLOYEES Information required to complete this Schedule, if not shown above, will be shown in the Declarations. Each person or organization shown in the Schedule is an "insured" for Liability Coverage, but only to the extent that person or organization qualifies as an "insured" under the Who Is An Insured Provision contained in Section II of the Coverage Form. The inclusion of additional interest or interests will not operate to increase the limit of our liability. An additional premium of $ 0.00 is fully earned at the time of issue. UGCA 35 99 01 07 ISO Copyrighted Material Included Page 1 of 1 WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY WC 04 03 06 (Ed. 01-84) WAIVER OF OUR RIGHT TO RECOVER FROM OTHERS ENDORSEMENT CALIFORNIA We have the right to recover our payments from anyone liable for an injury covered by this policy, We will not enforce our right against the person or organization named in the Schedule. (This agreement applies only to the extent that you perform work under a written contract that requires you to obtain this agreement from us.) You must maintain payroll records accurately segregating the remuneration of your employees while engaged in the work described in the Schedule. The additional premium for this endorsement shall be 2% of the California workers' compensation premium otherwise due on such remuneration. Schedule Person or Organization Job Description Any person or organization as required bywritten contract. $250.00 This endorsement changes the policy to which it is attached and is effective on the date issued unless otherwise stated, (The information below is required only when this endorsement is issued subsequent to preparation of the policy.) Endorsement Effective 9/1/2016 Pdicy No, TWC3571825 Insured Bartel Associates , LLC Insurance Company Technology Insurance Company, Inc, Countersigned by WC 04 03 06 (Ed. 01-84) Endorsement No, 0 Premium $ 6102 CITY OF NATIONAL CITY Office of the City Clerk 1243 National City Blvd., National City, California 91950-4397 619-336-4228 Michael R. Dalla, CMC - City Clerk March 13, 2017 Mr. John Bartel Bartel Associates, LLC 411 Borel Avenue, Suite 101 San Mateo, CA 94402 Dear Mr. Bartel, On February 13th, 2017, a First Amendment to an Agreement was entered into between the City of National City and Bartel Associates, LLC. We are enclosing for your records a fully executed original Amendment. A Michael R. Dalla, CMC City Clerk Enclosure