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Insurance 2023-24 - Public Officials Li...shall Sterling - NYMIR - 6-28-2023 INSURANCEUnsurance 2023-24—Public Officials Liability-Marshall&Sterling—NYMIR-6-28-2023 RESOLUTION AUTHORIZING MARSHALL & STERLING UPSTATE, INC. TO OBTAIN TOWN OF QUEENSBURY INSURANCE COVERAGES INCLUDING THE TOWN'S PUBLIC OFFICIALS' LIABILITY INSURANCE COVERAGE FROM NEW YORK MUNICIPAL INSURANCE RECIPROCAL (NYMIR) EFFECTIVE JULY 19 2023 -JUNE 30, 2024 RESOLUTION NO.: 12023 INTRODUCED BY: WHO MOVED FOR ITS ADOPTION SECONDED BY: WHEREAS, the Queensbury Town Board wishes to authorize the Town Budget Officer and Marshall & Sterling Upstate, Inc., to obtain the Town's insurance coverage, including the Town's Public Officials' Liability coverage, from the New York Municipal Insurance Reciprocal (NYMIR) effective July 1", 2023 — June 30"', 2024 in accordance with Marshall and Sterling Upstate, Inc.'s June 28th,2023 Proposal, 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 obtain the Town's insurance coverages including the Town's Public Officials' Liability coverage from the New York Municipal Insurance Reciprocal (NYMIR) effective July 1st, 2023— June 30t", 2024 in accordance with Marshall and Sterling Upstate, Inc.'s June 28t", 2023 Proposal substantially in the form presented at this meeting, 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 28"'day of June, 2023,by the following vote: AYES NOES ABSENT: