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252.2024 Authorizing Marshall and Sterling Upstate to Obtain Town of Qby Insurance Coverage Effective July 1, 2024-June 30, 2025 RESOLUTION AUTHORIZING MARSHALL & STERLING UPSTATE TO OBTAIN TOWN OF QUEENSBURY INSURANCE COVERAGES EFFECTIVE JULY 1, 2024 -JUNE 30, 2025 RESOLUTION NO.: 252,2024 INTRODUCED BY: Mr.Anthony Metivier WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Michael Dixon WHEREAS, the Queensbury Town Board wishes to authorize 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), Travelers and/or Chubb effective July 1", 2024 — June 30t', 2025 in accordance with Marshall and Sterling Upstate, Inc.'s 6/18/2024 Proposal/Premium Summary, 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), Travelers and/or Chubb effective July 1", 2024— June 30t', 2025 in accordance with Marshall and Sterling Upstate, Inc.'s 6/18/2024 Proposal/Premium Summary, 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/Deputy Supervisor to execute any and all documentation to effectuate such renewals/insurance coverage and the Town Supervisor/Deputy Town Supervisor and/or Town Budget Officer to take any actions necessary to effectuate the terms of this Resolution. Duly adopted this I"day of July, 2024, by the following vote: AYES Mr. McNulty, Mr. Strough, Mr. Metivier, Mr. Freer, Mr. Dixon NOES None ABSENT: None