HomeMy WebLinkAboutRes 23-81 06/02/1981
Hc~;olution He>:
--..23,-:--81.... --. .---_._---._- ------ --..--.--
f\ I~esolution (\:Jj)j()V"Ír19 ncLUr'tl of runc!:)
Frull Govcrn:ncn tall nter"Írlsu rance E>:c!JdnCJc~
¡'lhereas the VILLAGE of MOUNT PROSPECT
is a pa rt i c i pd nt Tr¡:the GcwcrIllDêïì"ta-¡"'Ti-ïferTnsu rQt1CeExêïl¿;J-ï"6"ë---:¡rì-surêîn¿-è~;îï1(r-
ri s k r;lana~eìilcnt program, and
\Fiereas, the rctunl "Òf ù pJ.rt of the funds in é\il dl:lOUrlt of $2J3,~)lO.OO
in GO'/érnlllcnta 1 Inter; nsurance ExchMI~~ hils lJ~on authorL:cd by
The Govern:nentd 1 Intel; nsurancc Exchdn~JC~ I\dvi SO()' Cc:!lmi ttee,
The Director of Insurctrlce of the State of Ill-inois, and
The Attorncy-i :I-Fact of Govel^I!'¡lcntal Inteì'"Íl1su rance Exchalljc
011 a pro-rata basis ill the form of a return of Guaranty Capital of C;ov;:nJí::_ti~i~l
Interinsurance Exchange, and
l-Jhereas thi s VILLAGE OF MOUNT PROSPECT des i res to accept such
fu nds from Gaven ¡¡;ìêfd:-ãT-TiitcrTñŠ-ûŸuì1¿ e Ex-d¡-ãíîgë:--
It is resolved tilde:
This VILLAGE OF MOUNT PROSPECT h(~n~Liy ¿¡U')ï'oves the rctUn1 of fund:;
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of Coverm1enta1 In'tcrinsutémce Exd1aIì~¡e in the fot!:1 of Guarant.y CiJ.pH,é:1 -in
the c1¡:lOunt of th-¡s VILLAGE'S. Xx :)\'o-ti.1't¿¡ share of tho tot,"
$233>510 return élpp¡'-oŸ(;;al_)y-Tiiè--¡)-Iï;:-ecCõrõr-In::'L~r¿¡nCe of the state of
III i noi s) the Govcrn:nental Intcri nsli tc1nCe Exchëtngi:: !\clvi SOt}' COi~CIÍ ttee é:ìlJ
the I\tto"-:¡ey-.-in-Fact of Governmental Interinsllì~dnce Exchan~l(~.
The VILLAGE PRESIDENT 01' his/h:~I~ c!r.;S-i:Jlliì"te i~) 11(;1"(;:)y ùuthoriz(':: to
execute t~l-¡e -ãppro,ïä:¡-ôf-nÙ.;--return dcscri bed ¿'.bove unci all atlwi' ducu: ,,:;1 ts
as requi tèd by GovcTIìiTìental Interinsurance Exchange fa.' such rC~I¡nL
Passed
June 2
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1 () ('-'
----' . :)01.
Approved: By --~JL~~-
Village President
At t 0 s .:~--;;~J!~ -~~---~~
Title:
Title
Village Clerk
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Bel
AYES:
Arthur Farley Floros Miller Wattenberg
-
NAYS:
None
ABSENT:
Murau skis