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173.2017 Authorizing Marshall and Sterling Upstate and renew TOQ Insurance Coverage RESOLUTION AUTHORIZING MARSHALL & STERLING UPSTATE, INC. TO RENEW TOWN OF QUEENSBURY INSURANCE COVERAGE WITH TRIDENT/ARGONAUT AND CYBER INSURANCE COVERAGE WITH ASCENT/LLOYDS RESOLUTION NO.: 173,2017 INTRODUCED BY: Mr. Anthony Metivier WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Doug Irish WHEREAS, by Resolution No.: 217,2016, the Queensbury Town Board authorized Marshall & Sterling Upstate, Inc., to renew insurance coverage for the Town of Queensbury effective July 1", 2016 — June 30th, 2017 from Trident/Argonaut and to renew cyber-coverage for the Town from Ascent CyberPro, and WHEREAS, the Town Board wishes to authorize the renewal of insurance coverage with Trident/Argonaut, and the renewal of cyber-coverage from Ascent/Lloyds, effective July lst, 2017— June 30th, 2018, in accordance with Marshall and Sterling Upstate, Inc.'s Renewal Proposal dated 6/8/2017 presented at this meeting, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Budget Officer and Marshall & Sterling Upstate, Inc., to renew insurance coverage for the Town of Queensbury effective July 15t, 2017 — June 30th, 2018 from Trident/Argonaut and to renew cyber- coverage for the Town from Ascent/Lloyds in accordance with Marshall and Sterling Upstate, Inc.'s Renewal Proposal dated 6/8/2017 substantially in the form presented at this meeting, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute such Renewal Proposal and any other documentation, and the Town Supervisor and/or Town Budget Officer to take any actions necessary to effectuate the terms of this Resolution. Duly adopted this 19th day of June, 2017, by the following vote: AYES Mr. Metivier, Mr. Clements, Mr. Irish, Mr. Strough NOES None ABSENT: Mr. Brewer