HomeMy WebLinkAbout~Master - Accepting renewal quote of the City's membership in the Iowa Communities Assurance Pool (ICAP) in an amount not to exceed $838,675.52RESOLUTION NO. 25-288
RESOLUTION APPROVING RENEWAL OF THE CITY’S MEMBERSHIP IN THE
IOWA COMMUNITIES ASSURANCE POOL (ICAP)
FOR THE HUMAN RESOURCES DEPARTMENT, CITY OF AMES, IOWA
WHEREAS, the City has been a member of ICAP since July 1, 2004, and secures
its casualty and liability coverages through this membership. ICAP provides similar
protection to approximately 300 cities, 70 counties, 50 fair boards, and over 250 other
public entities. ICAP is a member-owned and funded group insurance pool for Iowa public
entities.
IT IS THEREFORE RESOLVED by the City Council of the City of Ames, Iowa, as
follows:
Section One. Renewal is made as follows:
Membership in the Iowa Communities Assurance Pool (ICAP) for the period
of July 1, 2025, through June 30, 2026, with the cost not to exceed
$838,675.52 for coverages indicated below:
General Liability ($2,000,000) $251,244.15
Automobile ($2,000,000) $271,259.38
Public Officials ($2,000,000) $70,265.56
Law Enforcement ($2,000,000) $48,275.59
Cyber $15,964.38
Bookmobile Damage ($261,300) $1,232.04
Excess Liability ($13,000,000) $180,435.40
Section Two. The City Manager and City Clerk are authorized to execute said
contract for and on behalf of the City of Ames, Iowa, and to affix the corporate seal
of the City thereto.
Section Three. All resolutions or orders or parts thereof in conflict herewith are
hereby repealed to the extent of such conflict.
ADOPTED THIS 10th day of June, 2025.
_______________________________ _________________________________
Renee Hall, City Clerk John A. Haila, Mayor
Introduced by: Corrieri
Seconded by: Gartin
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 10th day of June, 2025.