4.15 4.15
INSURANCE\Insurance Agent for 2018-19–Renewal for Marshall&Sterling-Trident-Argonaut—6-18-18
RESOLUTION AUTHORIZING MARSHALL & STERLING UPSTATE,
INC. TO RENEW TOWN OF QUEENSBURY INSURANCE COVERAGE
WITH TRIDENT/ARGONAUT AND CYBER INSURANCE COVERAGE
WITH ASCENT/LLOYDS AND POLLUTION LIABILITY COVERAGE
WITH CHUBB EFFECTIVE JULY 1, 2018 -JUNE 30, 2019
RESOLUTION NO.: ,2018
INTRODUCED BY:
WHO MOVED FOR ITS ADOPTION
SECONDED BY:
WHEREAS, by Resolution No.: 173, 2017, the Queensbury Town Board authorized
Marshall & Sterling Upstate, Inc., to renew insurance coverage for the Town of Queensbury
effective July 1", 2017 — June 30th, 2018 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 coverages with
Trident/Argonaut and Ascent/Lloyds effective July lst, 2018 —June 30th, 2019, in accordance with
Marshall and Sterling Upstate, Inc.'s Proposal dated 7/1/2018 and Ascent/Lloyds' Renewal
Proposal dated June 5, 2018 presented at this meeting, and
WHEREAS, the Town Board also wishes to authorizes Pollution Liability coverage with
Chubb also as set forth in Marshall and Sterling Upstate, Inc.'s Proposal dated 7/1/2018,
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 coverages for the Town of
Queensbury effective July 1", 2018 — June 30th, 2019 from Trident/Argonaut in accordance with
Marshall and Sterling Upstate, Inc.'s Proposal dated 7/1/2018 and to renew cyber-coverage for the
Town from Ascent/Lloyds in accordance with Ascent/Lloyds' Renewal Proposal dated June 5,
2018, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes its Pollution Liability coverage with
Chubb also as set forth in Marshall and Sterling Upstate, Inc.'s Proposal dated 7/1/2018, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute any and all documentation to effectuate such renewals/insurance coverage and the Town
Supervisor and/or Town Budget Officer to take any actions necessary to effectuate the terms of this
Resolution.
Duly adopted this 18th day of June, 2018, by the following vote:
AYES :
NOES :
ABSENT: