18-107 Resolution No. 18-107
RESOLUTION
ACCEPTING THE PROPOSALS
FOR THE CITY OF ELGIN'S INSURANCE PROGRAM
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 Richard G. Kozal, City Manager, be and is hereby authorized and directed to
accept the proposals on behalf of the City of Elgin for the city's insurance program commencing
October 1, 2018 as follows:
a. To accept Travelers' renewal proposal for liability and crime insurance for
an annual premium of$563,912.
b. To accept Safety National's renewal proposal for excess workers'
compensation insurance for an annual premium of$233,427.
s/David J. Kaptain
David J. Kaptain, Mayor
Presented: September 26, 2018
Adopted: September 26, 2018
Vote: Yeas: 8 Nays: 0
Attest:
s/Kimberly Dewis
Kimberly Dewis, City Clerk