HomeMy WebLinkAboutMINUTES Town Board 1985-06-18nftin of tiIi Jarh,Larimer County,Colorado .19....
Minutes of a ....Sp.Q.i-a.l meeting of the Board of Trustees of the Town of Estes
Park,Larimer County,Colorado.Meeting held in the Town Hall in said Town of Estes Park
on the 18 pp...day of A.D.19.8 at regular meeting
hour.
Meeting called to order by Mayor :.
Present:Mayor H.3.Dannels Trustees:Norbert L.Aldrich,
Mark T.Brown,
Byron I.Graves,
George I.Hix,Town AdministratorAlsoPresent:.Paula L.Laing,Dale G.Hill Richard A.WoodTownAttorney
Gregory A.White
Absent:None
Mayor Dannels called to order a special meeting of the Board of Trustees of
the Town of Estes Park to consider the Town’s Insurance Bids.
Also present was Timothy A.Greer,Executive Director/Colorado
Intergovernmental Risk Sharing Agency (CIRSA).Mr.Greer informed the
Trustees CIRSA,a Property and Liability Insurance Pool,was formed in 1982
with the original membership containing 19 municipalities;the pool now
contains 33 members.Any municipal member of the Colorado Municipal League is
eligible to apply,reviewed by the underwriter,and approved by the CIRSA
Membership.Underwriters evaluate each municipality individually and
determine the contribution for each risk exposure by evaluation of factors
such as values,annual payroll,vehicles and services provided.Contributions
are established by the Board of Directors.Participants entering the pool
must remain a member through their first pool year.Thereafter,a member may
withdraw at the end of any year by giving the pool 90 days advance notice.
CIRSA’s bid was $62,341 for six (6)months and included the public officials’
“Errors and Omissions”coverage.
The second insurance bid was submitted by First National Insurance of Estes
Park.The annual premium quoted,for coverage substantially the same as the
present coverage,was $155,069/year.No “anti-trust”coverage was included.
Town Attorney White presented a memorandum dated June 17,1985 offering a
legal review of the two insurance bids received by the Town for coverage
between June 27,1985 and June 27,1986.The memorandum listed advantages and
disadvantages for both firms.Attorney White advised the Trustees he had met
with Insurance Consultant Wayne Jurgens whereby Mr.Jurgens indicated that a
survey recently obtained indicated of the 15 municipalities polled,all are
generally satisfied with CIRSA.Unlike First National Insurance,CIRSA would
automatically insure additional buildings with a valuation under $5 million
and any additional vehicles without adjusting the current year’s premium.
Trustee Aldrich introduced the following entitled ordinance and moved it be
passed and adopted at first reading:
AN ORDINANCE APPROVING AN INTERGOVERNMENTAL
AGREEMENT BETWEEN CIRSA AND THE TOWN OF ESTES
PARK,COLORADO CONCERNING INSURANCE COVERAGE
Trustee Laing seconded the motion and it passed by the following votes:Those
voting “Yes”Trustees Aldrich,Brown,Graves,Hix,Laing and Wood.Those
voting “No”none.Whereupon Mayor Dannels declared said ordinance duly passed
and adopted and ordered it numbered 5-85 and published according to law.
There being no further business,the meeting adjourned.
Mayor
Town Clerk