HomeMy WebLinkAbout2011-606-06/27/2011Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA, 50703.
RESOLUTION NO. 2011-606
RESOLUTION APPROVING ONE-YEAR RENEWAL
AGREEMENT FOR THIRD PARTY ADMINISTRATION WORK
COMP INSURANCE WITH ALTERNATIVE SERVICE
CONCEPTS, LLC AND RENEWAL OF STOP LOSS
COVERAGE AND AGENT ADMINISTRATION FEE WITH
SAFETY NATIONAL CASUALTY AND DIRECTING
EXECUTION OF SAID AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the agreement dated June 27, 2011, for Third Party
Administration work comp insurance with Alternative Service
Concepts, LLC, at a cost not to exceed $23,865.00, to provide
administrative and claims services for self-funded work comp
insurance; and renewal with Safety National Casualty to provide
stop loss coverage at a cost of $86,139.00 and an agent
administration fee at a cost of $8,000.00, for the period July 1,
2011 through June 30, 2012, be and the same is hereby approved,
and the Mayor and City Clerk authorized to execute the same in
behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 27th day of June, 2011.
4rnes. _."y "./,* "
t . Clark, Mayor
ATTEST:
uzy Sc ares, CMC
City Clerk