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HomeMy WebLinkAbout2017-509-6/26/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-509 RESOLUTION APPROVING ANNUAL RENEWAL AGREEMENT WITH SAFETY NATIONAL AT A COST NOT TO EXCEED $179,106 PER YEAR TO PROVIDE WORKERS' COMPENSATION STOP LOSS COVERAGE AND $22,238 TO ALTERNATIVE SERVICE CONCEPTS FOR CLAIMS ADMINISTRATION. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the annual renewal agreement dated June 20, 2016, between Safety National Casualty and the City of Waterloo, Iowa to provide workers' compensation stop loss coverage at a cost not to exceed $179,106 per year and $22,238 to Alternative Service Concepts for claims administration, together with the recommendation of approval by the Insurance Committee, is hereby approved and the City Clerk is authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 26`" day of June 2017. Quentin Hart, Mayor ATTEST: ?eae lleyFel City Cler