392.2000
RESOLUTION AUTHORIZING COOL INSURING AGENCY, INC.
TO INSURE THE TOWN OF QUEENSBURY’S
NEW YORK STATE DISABILITY COVERAGE WITH
SECURITY MUTUAL INSURANCE COMPANY
RESOLUTION NO.: 392, 2000
INTRODUCED BY: Mr. Daniel Stec
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. James Martin
WHEREAS, Cool Insuring Agency, Inc. (Cool) is the Town of Queensbury’s general
insurance agent as well as its agent for Disability coverage, and
WHEREAS, Cool has advised the Town Comptroller that the Town’s current insurer for its
New York State Disability Coverage requested a rate increase and therefore, Cool solicited for
quotations from other insurers for the Town’s New York State Disability Coverage, and
WHEREAS, Cool has further advised the Town Comptroller that the lowest responsible bidder
is Security Mutual Insurance Company, at the rate of .60 per $100 of applicable payroll, and
WHEREAS, the Town Comptroller recommends that the Town Board authorize the insuring
of the Town’s NYS Disability coverage with Security Mutual Insurance Company effective October
st
1, 2000,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes Cool Insuring Agency, Inc.
to insure the Town of Queensbury’s New York State Disability coverage with Security Mutual
st
Insurance Company effective October 1, 2000 at the rate of .60 per $100 of applicable payroll, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Comptroller
and/or Town Supervisor to execute any documentation and take any action necessary to effectuate the
terms of this Resolution.
nd
Duly adopted this 2 day of October, 2000, by the following vote:
AYES : Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Martin, Mr. Brower
NOES : None
ABSENT: None