Agenda Item
Meeting Date:
7/15/2019 - 6:00 PM  
Category:
CONSENT ACTION ITEMS  
Type:
Action  
Subject:
Approval of a Resolution Regarding the Renewal of Property, Casualty and Legal Liability Insurance  
Strategic Plans:
 
Enclosure:
 
File Attachment:
 
Summary:
The renewal proposal of Selective Insurance is being recommended by our broker, Troxell, for FY 2019-2020 for our insurances in the amount of $509,425, which represents a $283 decrease over the previous year.  
Funding:
Various Funds: 20 O&M, 80 Tort, 10 Education  
Resolution
WHEREAS, Springfield Public School District 186 will be in need of property, casualty, and legal liability insurance for fiscal year 2019-2020; and

WHEREAS, the District requested Troxell, its insurance broker, to pursue renewal of the current property, casualty, and legal liability insurance for fiscal year 2020; and

WHEREAS, the District's insurance broker has recommended renewing the current property, casualty, and legal liability insurance program with Selective Insurance;

NOW THEREFORE BE IT RESOLVED that the Board of Education accepts the proposals of Selective Insurance for property, casualty, and legal liability insurance.
 
Approvals:
Recommended By:
Signed By:
Joseph Bascio - Business Manager
Signed By:  
Jennifer E. Gill - Superintendent
 
Vote Results:

Original Motion
Member Scott McFarland Moved, Member Donna Moore seconded to approve the Original motion 'WHEREAS, Springfield Public School District 186 will be in need of property, casualty, and legal liability insurance for fiscal year 2019-2020; and

WHEREAS, the District requested Troxell, its insurance broker, to pursue renewal of the current property, casualty, and legal liability insurance for fiscal year 2020; and

WHEREAS, the District's insurance broker has recommended renewing the current property, casualty, and legal liability insurance program with Selective Insurance;

NOW THEREFORE BE IT RESOLVED that the Board of Education accepts the proposals of Selective Insurance for property, casualty, and legal liability insurance.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Judith Johnson     Yes
Scott McFarland     Yes
Michael Zimmers     Yes
Donna Moore     Yes
Anthony Mares     Yes
William Ringer     Yes
Micah Miller     Yes