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RESOLUTION NO.R2025- ,V3-1 <br /> RESOLUTION AUTHORIZING CRISIS PROTECTION INSURANCE COVERAGE <br /> FOR THE CITY OF DECATUR,ILLINOIS <br /> FOR THE POLICY PERIOD OCTOBER 1,2025 TO OCTOBER 1, 2026 <br /> WHEREAS,the City of Decatur current business insurance coverage shall expire October 1,2025, <br /> and, <br /> WHEREAS, the City of Decatur is in need of crisis protection insurance coverage for the period <br /> October 1, 2025 through October 1, 2026; and <br /> WHEREAS, Arthur J. Gallagher Risk Management Services, Inc. has requested quotes on the <br /> City's behalf for crisis protection insurance for the period October 1,2025 through October 1, 2026; and, <br /> WHEREAS,Underwriters at Lloyd's of London have submitted a quote to supply crisis protection <br /> insurance in an amount not to exceed$59,815.05. <br /> BE IT THEREFORE RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. That the quote of Underwriters at Lloyd's of London to supply crisis protection <br /> insurance in an amount not to exceed $59,815.05 to the City of Decatur be, and the same is hereby, <br /> accepted and approved. <br /> Section 2. That the City Manager be, and is hereby authorized to direct Risk Management to <br /> execute the Client Authorization to Bind Coverage with Arthur J. Gallagher Risk Management Services <br /> for the afore-mentioned service in accordance with the quotes as submitted by said companies. <br /> PRESENTED AND ADOPTED this 15th day of September,2025. <br /> ,alLttV4 ,2' PO/ <br /> Julie oore Wolfe, Mayor <br /> ATT ST: <br /> 4 ,' <br /> Kim ithoff, City Clerk <br />