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RESOLUTION NO. R2024 -30<3-- <br /> RESOLUTION AUTHORIZING EXCESS WORKERS COMPENSATION <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 excess workers compensation <br /> insurance coverage for the period October 1, 2024 through October 1, 2025; and <br /> WHEREAS, Arthur J. Gallagher Risk Management Services, Inc. has secured <br /> quotes on the City's behalf for excess workers compensation insurance for the period <br /> October 1, 2024 through October 1, 2025; and, <br /> WHEREAS, Illinois Public Risk Fund has submitted a quote to supply excess <br /> workers compensation insurance in an amount not to exceed$218,443.00. <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 Illinois Public Risk Fund to supply <br /> excess workers compensation insurance in an amount not to exceed $218,443.00 to the <br /> City 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 /> Juli oore Wolfe, Mayor'. <br /> ATTEST: <br /> Kim Althoff <br /> City Clerk <br />