Resolutions

RESOLUTION NO. 173 of 2021
DATED: August 24, 2021

RESOLUTION AUTHORIZING THE COUNTY EXECUTIVE TO ENTER INTO AN AGREEMENT FOR BROKERAGE SERVICES FOR PROPERTY, GENERAL LIABILITY AND FLOOD INSURANCE (COUNTY EXECUTIVE)

Resolution by Legislator:

Sweet

Seconded by:

Wilson

WHEREAS, it has been recommended by the County Executive to enter into an agreement for brokerage services for Property, General Liability and Flood Insurance with Cool Insurance Agency, Inc.; and

WHEREAS, Cool Insurance Agency, Inc. currently provides brokerage services to the County which has resulted in a savings to the County; and

WHEREAS, Cool Insurance Agency, Inc. recently merged with Gallagher Insurance; and

RESOLVED, the Montgomery County Legislature hereby authorizes the County Executive upon review and approval of the County Attorney, to enter into an agreement with Gallagher Insurance Agency, Inc., for the provision of brokerage services for Property, General Liability and Flood Insurance; and

FURTHER RESOLVED, that said contract shall be effective for a term of five years at an annual fee of $48,000, effective January 1, 2022 and ending December 31, 2026.

RESOLUTION VOTE, passed with Aye(7). Legislators Kelly and Isabel were absent. (8/24/2021)

Statement of Legislative and Financial Impact:

I. Nature of Request:

AUTHORIZING THE COUNTY EXECUTIVE TO ENTER INTO AN AGREEMENT FOR BROKERAGE SERVICES FOR PROPERTY, GENERAL LIABILITY AND FLOOD INSURANCE

II. Justification:

The current contract expires on December 31, 2021.

III. Legislative Impact:

Pursuant to Article 3 of the Charter the Montgomery County Executive has the authority to enter into contracts.

IV. Financial Impact:

Includes a 7K a year increase.

cc:

County Clerk
County Treasurer

Voting Record
Kelly	(R)	Absent
Sweet	(R)	Yes
Dimond	(D)	Yes
Headwell, Jr.	(R)	Yes
Wilson	(R)	Yes
Duchessi	(D)	Yes
Pepe	(R)	Yes
Isabel	(D)	Absent
Purtell	(D)	Yes

STATE OF NEW YORK County of Montgomery ss.: This is to certify that I, the Undersigned, Clerk Of The Montgomery County Legislature, have compared the foregoing copy of resolution with the original resolution now on file in the office, and which was passed by the Montgomery County Legislature on the 24th day of August, 2021, a majority of all the members elected to the Legislature voting in favor therof, and that the same is a correct and true transcript of such original resolution and of the whole thereof. IN WITNESS WHEREOF, I have set my hand and the official seal of the Montgomery County Legislature this 1st day of September, 2021
Totals:	Aye:	7
	Nay:	0
	Abstained:	0
	Absent:	2