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RESOLUTION NO. R2024 - Jet`1 <br /> RESOLUTION AUTHORIZING AUTO INLAND MARINE LOT <br /> INSURANCE COVERAGE FOR THE CITY OF DECATUR, ILLINOIS <br /> FOR THE POLICY PERIOD OCTOBER 1, 2024 TO OCTOBER 1, 2025 <br /> WHEREAS,the City of Decatur current business insurance coverage shall expire <br /> October 1, 2024, and, <br /> WHEREAS, the City of Decatur is in need of auto inland marine insurance <br /> coverage for the period October 1, 2024 through October 1, 2025; and <br /> WHEREAS, Arthur J. Gallagher Risk Management Services, Inc. has requested <br /> quotes on the City's behalf for auto inland marine insurance for the period October 1, <br /> 2024 through October 1, 2025; and, <br /> WHEREAS, Underwriters at Hanover Insurance Company have submitted a <br /> quote to supply auto inland marine insurance in an amount not to exceed$98,000.00(still <br /> under negotiation). <br /> BE IT THEREFORE RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the quote of Underwriters at Hanover Insurance Company to <br /> supply auto inland marine insurance in an amount not to exceed $98,000.00 to the City <br /> of Decatur be, and the same 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 with <br /> the quotes as submitted by said companies. <br /> PRESENTED AND ADOPTED this 16th day of September 2024. <br /> Ju 'e oore Wolfe, Mayor <br /> ATTEST: <br /> Kim Althoff, City C erk <br />