WHEREAS, the Town of North Hempstead’s property insurance policy and boiler & machinery policy expired as of April 1, 2024; and
WHEREAS, the Town has received favorable pricing and a coverage quotation from Zurich American Insurance Co., for property insurance the period of April 1, 2024 through April 1, 2025 and from Liberty Mutual Fire Insurance Company for boiler and machinery coverage for the period of April 1, 2024 through April 1, 2025 (the “Policies”); and
WHEREAS, the Town’s insurance brokers have recommended placement of these policies as quoted; and
WHEREAS, in order to avoid a lapse in coverage, the Town placed the Policies; and
WHEREAS, this Board desires to ratify the actions of the Town in placing the Policies.
NOW, THEREFORE, BE IT
RESOLVED that the Town’s actions in placing the Policies be and hereby are ratified; and be it further
RESOLVED that the Supervisor, Deputy Supervisor, Comptroller and Town Attorney are hereby authorized to take such other action as may be necessary to effectuate the foregoing; and be it further
RESOLVED that the Comptroller be and hereby is authorized and directed to pay the costs hereof upon receipt of duly executed and certified claims therefor.
Dated: Manhasset, New York
May 7, 2024
The vote on the foregoing resolution was recorded as follows:
Ayes: Councilperson Adhami, Councilperson Dalimonte, Councilperson Liu, Councilperson Scott, Councilperson Walsh, Supervisor DeSena.
Nays: None.
Absent: Councilperson Troiano.
cc: Town Attorney Supervisor Comptroller |