Report of the Committee-of-the-Whole Meeting of May 8, 2017

Proposed Change From a Self-Insurance Program to IRMA 

Trustee Tinaglia moved, seconded by Trustee Scaletta, that the Committee-of-the-Whole recommend to the Village Board to enter into an agreement with IRMA to provide all of the Village's General Liability and Workers' Compensation Insurance needs as of June 1, 2017. This includes the establishment of a $540,038 Village Reserve Fund at IRMA using existing reserves from the General Liability and Workers' Compensation Insurance Funds. The motion passed unanimously.