2016-19 7/13/2016
RESOLUTION NO. 2016 - 19
A RESOLUTION AUTHORIZING THE VILLAGE MANAGER TO NEGOTIATE
WITH RISK MANAGEMENT AND INSURANCE COMPANIES FOR INSURANCE
SERVICES
WHEREAS, the Village of Buffalo Grove ("Village") is and has been a member oft e
Intergovernmental is Management Agency ("IRMA") which has served as the Village's
primary risk management and insurance provider for numerous years; and
WHEREAS, the Village is in the midst of conducting due diligence regarding the pricing
and services provided by IRMA as well as other third-party risk management and insurance
companies; and
WHEREAS, the Village, as part of its due diligence, desires to negotiate with risk
management and insurance companies to obtain the same or comparable services and protections
IRMA has provided the Village; and
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD
OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE
COUNTIES, ILLINOIS, AS FOLLOWS:
SECTION 1: The foregoing findings and recitals, and each of them, are hereby adopted as
Section I of this Resolution and are incorporated by reference as if set forth verbatim herein.
SECTION 2: The Village Manager, or his designee, is authorized and directed to
negotiate the terms of service, including pricing and scope of service, from one or more risk
management and insurance companies for said company to provide comparable insurance
coverage and services to those that were once provided t o t he Village by A.
SECTION 3: The Village Manager is directed to provide to the Village Board a
proposal, after financial information and com par ables pricing has been obtained and analyzed.
SECTION 4: No agreement shall be valid or binding upon the Village without the
approval and authorization from the Village's Corporate Authorities.
SECTION 5: This Resolution shall be in full force and effect from and after its passage
and approval as provided by law. All prior resolutions, motions and orders in conflict herewith
are hereby repealed, to the extent of such conflict.
AYES: 6 — Berman,Trilling, Stein, Ottenheimer, Weidenfeld, Johnson
NAPES: 0 - one
ABSENT: 0 - None
ABSTAIN: 0 -None
July 1& 2016.
July 18. 2016,
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BEVERL�WSSMAN, Village President
JANET SOIRABIAN, Village le