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HomeMy WebLinkAbout03-49 Resolution No. 03-49 RESOLUTION ACCEPTING THE PROPOSAL OF TRUST MARK INSURANCE COMPANY FOR STOP LOSS AND AGGREGATE INSURANCE COVERAGE IN CONNECTION WITH THE CITY OF ELGIN' S MEDICAL INSURANCE PPO PLAN AND AUTHORIZING THE EXECUTION OF DOCUMENTS RELATED THERETO BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the City of Elgin hereby accepts the proposal of Trust Mark Insurance Company for stop loss and aggregate insurance coverage in connection with the City of Elgin' s medical insurance PPO plan for the period of March 1, 2003 through February 29, 2004 . BE IT FURTHER RESOLVED that Olufemi Folarin, Interim City Manager, be and is hereby authorized and directed to execute all documents necessary and incident to such proposal of Trust Mark Insurance Company. s/ Ed Schock Ed Schock, Mayor Presented: February 26, 2003 Adopted: February 26, 2003 Omnibus Vote : Yeas : 6 Nays : 0 Attest : s/ Dolonna Mecum Dolonna Mecum, City Clerk