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HomeMy WebLinkAbout2019-486 (RESCINDED) Resolution rescinded by Resolution No. 2019-642 August 26, 2019 to correct dollar amount and allow payment to Safety National and Alternative Service Concepts. Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2019-486 RESOLUTION APPROVING RENEWAL OF GENERAL, AUTOMOBILE, PUBLIC OFFICIAL’S ERRORS & OMISSIONS, LAW ENFORCEMENT AND EMPLOYMENT PRACTICES LIABILITY COVERAGE WITH TRAVELERS INSURANCE; EXCESS LIABILITY COVERAGE WITH ALLIED WORLD; UMBRELLA LIABILITY COVERAGE WITH BRIT, AND PROPERTY INSURANCE COVERAGE WITH CHUBB, FOR A TOTAL PREMIUM OF $1,680,461, WITH RECOMMENDATION OF APPROVAL FROM THE INSURANCE COMMITTEE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the annual renewal of general, automobile, public official’s errors & omissions, law enforcement and employment practices liability coverage with Travelers Insurance; excess liability coverage with Allied World; umbrella liability coverage with Brit, and property insurance coverage with Chubb, for a total premium of $1,680,461, with recommendation of approval from 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. th PASSED AND ADOPTED this 24 day of June 2019. ___________________________________ Quentin Hart, Mayor ATTEST: _______________________________ Kelley Felchle City Clerk