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HomeMy WebLinkAbout850107.tiff RESOLUTION RE: EXTENSION OF INSURANCE WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County is protected self-insured for property, casualty, liability, and health insurance, and WHEREAS, the administration of the self-insurance programs have been for three-year terms, and WHEREAS, the current insurance market for governmental entities is considered a "hard market" due to decreased capacity of insurors, and WHEREAS, after evaluating the insurance market, insurance loss history, consulting with other counties, and consulting with the insurance administrators, the Board of County Commissioners has concluded it would be in Weld County' s best interest to extend current coverages and programs with the current insurance administrators, and WHEREAS, the current insurance administrators are agreeable to extending the current plans for another three-year term. NOW, THEREFORE, BE IT RESOLVED that the Board of County Commissioners of Weld County hereby authorizes the current self-insurance programs to be extended for a three year period with an annual review, with the current third party administrators of Arthur J. Gallagher/Gallagher Bassett, and James Benefits/Shirazi and Associates. 850107 _t 0/7 ,., Page 2 RE: EXTENSION OF INSURANCE The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 8th day of May, A.D. , 1985 . �} /1 " ), BOARD OF COUNTY COMMISSIONERS ATTEST: `/1 (fin WELD COUNTY, CO ORADO Weld County Clerk and Recorders w9v1`n . and Clerk to the Board a iinnne Jo son, Chairman Ale Srahri pJ C Gene R. Brant -Tem D ut Y C erk Count �� P Y / APPROVED AS TO FORM: C.W. K1 •y e/ % C G County Attorney Frank °amag i Hello