688.92
RESOLUTION AUTHORIZING RENEWAL OF INSURANCE COVERAGE
RESOLUTION NO. 688, 92
INTRODUCED BY: Mrs. Betty Monahan
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Michel Brandt
WHEREAS, the Town Board of the Town of Queensbury has,
reviewed insurance coverage, options and premiums offered by
certain companies for insurance coverage for the Town of
Queensbury, which coverage would include: Property, Crime/Bond,
General Liability, Automobile Liability, Boiler & Machinery,
Equipment and Computer Coverages, and Umbrella Coverages,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
determines, after review of the various coverages and companies,
that the Town shall renew its coverage with the Hartford Insurance
Company and Kemper Insurance Company in accordance with the
proposal and summary on file with the Town Clerk, and the Town
Supervisor is hereby authorized and directed to execute any
documents that may be necessary to continue coverage with the
Hartford and Kemper Insurance Companies, with the understanding
that the renewal premiums for insurance will not exceed the sum of
$246,228.00 without further authorization from the Town Board, and
BE IT FURTHER
RESOLVED, that the cost for insurance shall be paid for from
the budgeted account.
Duly adopted this 28th day of December, l992, by the following
vote:
AYES : Mr. Caimano, Mr. Tucker, Mrs. Monahan, Mr. Brandt
NOES : None
ABSENT : Mrs. Goetz