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HomeMy WebLinkAbout2016-497-6/20/2016 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319)291-4323. RESOLUTION NO. 2016-497 RESOLUTION APPROVING ANNUAL RENEWAL AGREEMENT WITH SAFETY NATIONAL AT A COST NOT TO EXCEED $175,175 PER YEAR TO PROVIDE WORKERS' COMPENSATION STOP LOSS COVERAGE AND $22,622 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 $175,175 per year and $22,622 to Alternative Service Concepts for claims administration, together with the recommendation of approval by the Insurance Committee, is hereby approved and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 201h day of June, 2016. bo �- Quentin Hart, Mayor ATTEST: C�2—" Suzy Schar , CMC City Clerk