13-102 Resolution No. 13-102
RESOLUTION
ACCEPTING THE PROPOSAL OF PUBLIC ENTITY PROPERTY INSURANCE PROGRAM
FOR THE CITY OF ELGIN'S PROPERTY, INLAND MARINE
AND CYBER LIABILITY INSURANCE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,ILLINOIS,that
pursuant to Elgin Municipal Code Section 5.02.020B(9) the City Council hereby finds that an
exception to the requirements of the procurement ordinance is necessary and in the best interest of
the city; and
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS,that the City of Elgin hereby accepts Public Entity Property Insurance Program's renewal
proposal for the City of Elgin's property, inland marine and cyber liability insurance commencing
July 1, 2013 through June 30, 2014, for an annual premium of$236,222.
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS,that Sean R. Stegall, City Manager,be and is hereby authorized and directed to execute
all documents necessary and incident to such proposal of Public Entity Property Insurance Program
for the City of Elgin's property, inland marine and cyber liability insurance program.
s/David J. Kaptain
David J. Kaptain, Mayor
Presented: June 26, 2013
Adopted: June 26, 2013
Vote: Yeas: 9 Nays: 0
Attest:
s/Kimberly Dewis
Kimberly Dewis, City Clerk