Ordinance No. 10,162ORDINANCE NO. 10,162 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, ® TEXAS, RENEWING THE ANNUAL CONSULTING/BROKERAGE AGREEMENT WITH JARDINE LLOYD THOMPSON, LLC, F/K/A CAPITOL RISK EMPLOYEE BENEFITS, LLC; AUTHORIZING PAYMENT BY THE CITY OF BAYTOWN, THE SUM OF FIFTY THOUSAND AND NO /100 DOLLARS ($50,000.00); AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby renews the annual consulting/brokerage agreement with Jardine Lloyd Thompson, LLC, f /k/a Capitol Risk Employee Benefits, LLC, under the same terms and conditions. Section 2: That the City Council of the City of Baytown authorizes payment to Jardine Lloyd Thompson, LLC, f/k/a Capitol Risk Employee Benefits, Inc., of the sum of FIFTY THOUSAND AND NO /100 DOLLARS ($50,000.00), pursuant to the Agreement. Section 3: That the City Manager is hereby granted general authority to approve any change order involving a decrease or an increase in costs of TWENTY -FIVE THOUSAND AND NO /100 DOLLARS ($25,000.00) or less; however, the original contract price may not be increased by more than twenty-five percent (25 %) or decreased by more than twenty-five percent (25 %) without the consent of the contractor to such decrease. Section 4: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 27th day of September, 2005. CALVIN MUNDINGER, Mayor APPROVED AS TO FORM: 'Oel ® ACIO RAMIREZ, SR., it Attorney RAKaren \Files \City Council \Ordinances\2005 \September 22\ Capitol RiskBenefitConsultingServicesContract05- 06.doc