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HomeMy WebLinkAbout#5169 Approving an insurance renewal between city of canton and Kiesewetter RESOLUTION NO. 5169 A RESOLUTION APPROVING AN INSURANCE RENEWAL BETWEEN THE CITY OF CANTON AND KIESEWETTER INSURANCE AGENCY TO SERVE AS AGENT FOR THE CITY'S WORKER'S COMPENSATION AND LIAILBITY INSURANCE FOR THE POLICY YEARS DECEMBER 1,2018 TO DECEMBER 1,2021 WHEREAS, the City of Canton, Illinois has determined that it is necessary and in the best interest to renew the City of Canton liability and worker's compensation insurance with the Kiesewetter Insurance Agency. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS AS FOLLOWS: 1. That the renewal attached hereto and incorporated herein as Exhibit A is hereby approved by the Canton City Council. 2. That the Mayor and the City Clerk of Canton, Illinois, are hereby authorized and directed to execute and deliver said agreement on behalf of the City of Canton. 3. That this Resolution shall be in full force and effective immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois, and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Illinois, at a regular meeting this 6th day of November, 2018, upon a roll call vote as follows: AYES: Aldermen Justin Nelson, Craig West, Angela Hale, Tad Putrich, Angela Lingenfelter, Quin Mayhew NAYS: None ABSENT: Aldermen Ryan, Mayhew, John Lovell APP OVED: ` it " " L`"5C.'t( M or AT ' C' y Clerk" Kiesewetter Since 1976 Insurance Agency SERVICE AGREEMENT The City of Canton (City) and Kiesewetter Insurance Agency LLC (agent) agree that the agent will serve as the "agent of record" for all the City's Property and Casualty insurance coverages for the period of 12/1/18 through 12/1/21. The agent's role as "agent of record" is to service and administer the City's insurance coverages is a professional manner and to negotiate the City's annual renewal coverages and pricing. The primary goal will be to manage and control insurance costs for the City while maintaining the appropriate insurance coverages for risk management. In compensation for services rendered pursuant to this agreement, the agent will be paid a commission or a combination of fee and commission as allowed by the insurance companies. '.�4 1 • Ak Daniel C. Kiesewetter Kent McDowe Owner& Member Mayor, City of Canton 115 East Fort Street, PO Box 239, Farmington, IL 61531-0239 Daniel C. Kiesewetter Stephen E. Kiesewetter (309) 245-2434 www.kiesewetterins.com Fax (309) 245-2541 Kiesewetter x,978 Insurance Agency SERVICE AGREEMENT The City of Canton (City) and Kiesewetter Insurance Agency LLC(agent) agree that the agent will serve as the"agent of record"for all the City's Property and Casualty insurance coverages for the period of 12/1/18 through 12/1/21. The agent's role as "agent of record" is to service and administer the City's insurance coverages is a professional manner and to negotiate the City's annual renewal coverages and pricing,The primary goal will be to manage and control insurance costs for the City while maintaining the appropriate insurance coverages for risk management. In compensation for services rendered pursuant to this agreement,the agent will be paid a commission or a combination of fee and commission as allowed by the insurance companies. CDOS / 4 `4 , 11 Daniel C. Kiesewetter Kent McDowe Owner& Member Mayor, City of Canton 115 East Fort Street, PO Box 239, Farmington, IL 61531-0239 Daniel C. Kiesewetter Stephen E. Kiesewetter (309) 245-2434 www.kiesewetterins.com Fax (309) 245-2541