Meeting Agenda
1. Open Meeting
2. Roll Call
3. Items of Business
3.A. Provide a recommendation to the City Council on adopting Resolution 2022-05: A resolution to extend the city's insurance coverage with the League Association of Risk Management.
4. Officers' Reports
5. Adjournment
Agenda Item Details Reload Your Meeting
Meeting: August 2, 2022 at 5:00 PM - Finance Committee Meeting
Subject:
1. Open Meeting
Rationale:
  • In accordance with Nebraska law, a copy of the Open Meetings Act can be found in the back of the Council Chambers.
  • Items listed on the agenda may be considered in any order.
Subject:
2. Roll Call
Rationale:
  • Attendance of members will be recorded to determine the presence of a quorum for official actions.
Subject:
3. Items of Business
Rationale:
  • The Committee may discuss or limit discussion on, hear testimony in favor of or in opposition to, or take action to provide a recommendation to the City Council on any matter presented under this title.
Subject:
3.A. Provide a recommendation to the City Council on adopting Resolution 2022-05: A resolution to extend the city's insurance coverage with the League Association of Risk Management.
Discussion:
City Clerk-Treasurer Jerry Wilcox reported that the total amount went up just over 21 percent. With the prices of everything going up, all insurance companies are seeing the same increases in the price of coverage. Choosing the 2-year commitment with a 180-day termination notice plan wouldn't change anything, as that is the plan we are already on. 
Action(s):
Motion Carried:
Recommend to the City Council to adopt Resolution 2022-05: A resolution to extend the city's insurance coverage with the League Association of Risk Management for the two-year commitment, 180-day termination notice, and 4% discount. Carried with a motion by Kyle Frans and a second by Travis Sears.
  • Kyle Frans: Aye
  • Dan Papik: Aye
  • Travis Sears: Aye
Attachments:
Subject:
4. Officers' Reports
Rationale:
  • Reports may be given by the Mayor, Officers, Departments, or Councilmembers concerning the current operations of the City.
  • No action can be taken on matters presented under this title except to answer any questions or to refer the matter for further action.
Subject:
5. Adjournment

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