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245.2022 Res. Auth. Marshall and Sterling Upstate to Renew Town of Qby Ins Coverage RESOLUTION AUTHORIZING MARSHALL & STERLING UPSTATE, INC. TO RENEW TOWN OF QUEENSBURY INSURANCE COVERAGES EFFECTIVE JULY 1, 2022 -JUNE 30, 2023 RESOLUTION NO.: 245, 2022 INTRODUCED BY: Mr.Anthony Metivier WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. George Ferone WHEREAS, by Resolution No.: 221,2021, the Queensbury Town Board authorized Marshall & Sterling Upstate, Inc., to renew insurance coverage, including the Town's Public Officials' Liability Coverage, for the Town of Queensbury from Trident/Argonaut Ins., Cyber Liability coverage from CRC/CFC — Lloyd's of London and Pollution Liability coverage from Chubb effective July 1st, 2021 —June 30th, 2022, and WHEREAS, the Town Board wishes to authorize the renewal of insurance coverages including the Town's Public Officials' Liability Coverage with Trident/Argonaut, Ins., Cyber Liability coverage from CFC/Lloyd's of London and Pollution Liability coverage from Chubb effective July 1", 2022 —June 30th, 2023, in accordance with Marshall and Sterling Upstate, Inc.'s June 2022 Proposal, 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 including the Town's Public Officials' Liability Coverage for the Town of Queensbury from Trident/Argonaut, Ins., Cyber Liability coverage from CFC/Lloyd's and Pollution Liability coverage from Chubb in accordance with Marshall and Sterling Upstate, Inc.'s June 2022 Proposal, effective July 1st, 2022— June 30th, 2023, and BE IT FURTHER, RESOLVED,that the Town's Public Officials' Liability Coverage shall constitute the Town Officials' annual blanket public undertaking, thereby meeting the requirements of New York State Town Law and Public Officers Law §11(2), and such undertaking shall be filed in the Town Clerk's Office, 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 27 h day of June, 2022, by the following vote: AYES Mr. McNulty, Mr. Strough, Mr. Metivier, Mr. Freer, Mr. Ferone NOES None ABSENT: None