15. TMP-7837 Authorizing the Mayor to purchase a Commercial Boat/Yacht insurance policy from Markel American Insurance Company protecting City's North River Sounder dive boat and trailer for a period of one year with an option to renew for three additional one-year periods subject to available annual appropriation; further authorizing the expenditure from the City's Risk Management Fund; waiving competitive procurement requirements of TMC 187; and declaring an emergency.