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R-74-25 to authorize the Village Administrator to approve contributions to monthly premiums and reserve balances.418 Main Street ( Lemont, IL 60439 TO: Village Board Meeting FROM: Darshana Prakash, Finance THROUGH: George Schafer, Village Administrator SUBJECT: A Resolution to authorize the Village Administrator to approve contributions to monthly premiums and reserve balances. DATE: October 27, 2025 SUMMARY/BACKGROUND The Village is a member of two consortiums: 1. Government Insurance Network (GIN) — provides health insurance coverage. 2. Intergovernmental Risk Management Agency (IRMA) — provides comprehensive property, casualty, and workers' compensation risk management coverage. The Village makes monthly premium payments and maintains reserve balances with each agency. The reserve amounts are established annually by the respective GIN and IRMA Boards. The attached resolution authorizes the Village Administrator to approve the monthly premium contributions and to adjust or increase the reserve amounts as required by GIN and IRMA. ANALYSIS Consistency with Village Policy STAFF RECOMMENDATION Pass the Resolution. BOARD ACTION REQUESTED Pass the Resolution. ATTACHMENTS Resolution Authorizing the Village Administrator to make payments to GIN and IRMA.docx Resolution No.rP�� A Resolution Authorizing the Village Administrator to approve contributions to monthly premiums and reserve balances. WHEREAS, the Village of Lemont, Counties of Cook, Will and DuPage, Illinois, ("the Village") is a municipality in the state of Illinois with full powers to enact ordinances and adopt resolutions for the benefit of the residents of the Village; and WHEREAS, the Village is a member of two insurance pools, Government Insurance Network ("GIN") and Intergovernmental Risk Management Agency ("IRMA"); and WHEREAS, the Village makes monthly premium contributions and adjusts the reserve balance annually based on the direction of GIN and IRMA; and, NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, DUPAGE, AND WILL COUNTIES, ILLINOIS AS FOLLOWS: SECTION ONE: The Village Administrator, in his discretion, is authorized to approve the monthly premium contributions and adjust the reserve balance as directed by GIN and IRMA and to take any other steps necessary to carry out this Resolution. SECTION TWO: This Resolution shall be in full force and effect from and after its passage and approval as provided by law. ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DUPAGE, ILLINOIS on this 271' DAY OF October 2025. PRESIDENT AND VILLAGE BOARD MEMBERS: AYES: NAYS: ABSENT: ABSTAIN: Samuel J. Forzley ✓ Janelle Kittridge Ken McClafferty Kevin Shaughnessy Rick Sniegowski V/ Ron Stapleton JOHN EGOFSKE, Village President ATTEST: CHARLENE M. SMOLLEN, Village Clerk v y "ZLIN0%''