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RESOLUTION NO. R2021 - 1 -7D <br /> RESOLUTION AUTHORIZING EXCESS LIABILITY INSURANCE <br /> COVERAGE FOR THE CITY OF DECATUR,ILLINOIS <br /> FOR THE POLICY PERIOD OCTOBER 1, 2021 TO OCTOBER 1,2022 <br /> WHEREAS, the City of Decatur current business insurance coverage shall <br /> expire October 1, 2021, and, <br /> WHEREAS,the City of Decatur is in need of excess liability insurance coverage <br /> for the period October 1, 2021 through October 1, 2022; and <br /> WHEREAS, Arthur J. Gallagher Risk Management Services, Inc. has secured <br /> quotes on the City's behalf for excess liability insurance for the period October 1, 2021 <br /> through October 1, 2022; and, <br /> WHEREAS, Berkley Insurance Company has submitted a quote to supply <br /> excess liability insurance in the amount of$250,000.00. <br /> BE IT THEREFORE RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS: <br /> Section 1. That the quote of Berkley Insurance Company to supply excess <br /> liability insurance in the amount of$250,000.00 to the City of Decatur be, and the same <br /> is hereby, accepted and approved. <br /> Section 2. That the City Manager be, and is hereby authorized to direct Risk <br /> Management to execute the Client Authorization to Bind Coverage with Arthur J. <br /> Gallagher Risk Management Services for the afore-mentioned service in accordance <br /> with the quotes as submitted by said companies. <br /> PRESENTED AND ADOPTED this 20th day of September, 2021. <br /> j �n U <br /> 0 i4t_ <br /> J MooreNWol ,Mayor 0 <br /> ATT <br /> % J�X�� <br /> Angela Harper <br /> Deputy City Clerk <br />