Loading...
2017-68 Property Casualty InsuranceRESOLUTION 2017-68 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, ACCEPTING A PROPOSAL FROM PUBLIC RISK MANAGEMENT OF FLORIDA TO PROVIDE PROPERTY AND CASUALTY INSURANCE FOR THE VILLAGE AND AUTHORIZING VILLAGE ADMINISTRATION TO TAKE ALL ACTIONS NECESSARY TO IMPLEMENT SUCH COVERAGE; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village, through its agent of record, initiated a Request for Proposals to provide a property and casualty insurance program for the Village; and WHEREAS, Village Administration recommended accepting the proposal from Public Risk Management of Florida to renew its property and casualty insurance program for two years through Fiscal Year 2019; and WHEREAS, the Village Council determines that the adoption of this Resolution in the best interests of the Village and its residents. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA as follows: Section 1. The foregoing recitals are hereby ratified and incorporated herein. Section 2. The Village Council hereby accepts the proposal submitted from Public Risk Management of Florida ("PRM") to provide property and casualty insurance to the Village through Fiscal Year 2019. The Village further authorizes Village Administration to talce all actions necessary to implement such coverage. Section 3. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 21sT DAY OF SEPTEMBER, 2017. (Village Seal) ATTEST: VILLAGE CLERK W MAYOR