APPROVING WITHDRAWAL FROM THE LOCAL GOVERNMENT PROPERTY INSURANCE FUND FOR PROPERTY INSURANCE COVERAGE FOR SAUK COUNTY

Committee Status: 
Approved
Budget Status: 
Budgeted
Decision Impact: 
Routine
FTE Impact: 
No
Funding Source: 
Levy

Purpose

Notification to LGPIF that Sauk county is Withdrawing from the fund

Resolution Body

 

APPROVING WITHDRAWAL FROM THE LOCAL GOVERNMENT PROPERTY INSURANCE FUND FOR PROPERTY INSURANCE COVERAGE FOR SAUK COUNTY

 WHEREAS, the Property and Insurance Committee has reviewed proposals for Property Insurance Coverage for January 1, 2016 to January 1, 2017 and has recommended  the selection of Wisconsin County Mutual Insurance Corporation (WCMIC) to provide this coverage; and,

WHEREAS, presently this coverage is provided by the Local Government Property Insurance Fund; and,

WHEREAS, Wisconsin Statute, 605.21(3) requires that certified notice be provided to the Local Government Property Insurance Fund that Sauk County will be withdrawing from the Fund,

 NOW, THEREFORE BE IT RESOLVED, by the Sauk County Board of Supervisors met in regular session,  that Sauk County will withdraw from the Local Government Property Insurance Fund and that the County Clerk is hereby directed to notify the Local Government Property Insurance Fund that Sauk County will be withdrawing effective on January 1, 2016.

For consideration by the Sauk County Board of Supervisors on October 20th, 2015.

Respectfully submitted,

PROPERTY & INSURANCE COMMITTEE

_______________________________  __________________________
Scott Von Asten, Chair    Nathan Johnson

_______________________________  __________________________
John Deitrich      Jeffrey P. Giebel

_______________________________
William Hambrecht

 

Fiscal Note:  No Fiscal Impact.

Information System Note:  No information system impact.

Requested Board Review Date: 
Tuesday, October 20, 2015