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221.2019 Authorizing Marshall & Sterling Upstate Inc to Renew Town Insurance 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, 2019 – JUNE 30, 2020 RESOLUTION NO.: 221, 2019 INTRODUCED BY: Mr. Anthony Metivier WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. George Ferone WHEREAS, by Resolution No.: 243,2018, the Queensbury Town Board authorized Marshall & Sterling Upstate, Inc., to renew insurance coverage for the Town of Queensbury stth effective July 1, 2018 – June 30, 2019 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 stth Trident/Argonaut and Ascent/Lloyds effective July 1, 2019 – June 30, 2020, in accordance with Marshall and Sterling Upstate, Inc.’s Proposal dated 7/1/2019 and Ascent/Lloyds’ Renewal Proposal dated 7/1/2019, 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, 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 stth Queensbury effective July 1, 2019 – June 30, 2020 from Trident/Argonaut in accordance with Marshall and Sterling Upstate, Inc.’s Proposal dated 7/1/2019 and to renew cyber-coverage for the Town from Ascent/Lloyds in accordance with Ascent/Lloyds’ Renewal Proposal dated 7/1/2019, 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, 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. th Duly adopted this 17 day of June, 2019, by the following vote: AYES : Mr. Ferone, Mrs. Switzer, Mr. Strough, Mr. Metivier NOES : None ABSENT: Mrs. Atherden