Resolution No. R-26-5-2 R E S O L U T I O N   WHEREAS, the Pequannock River Basin Regional Sewerage Authority (hereinafter “the Authority”) maintains policies of insurance in accordance with Authority policy; and   WHEREAS, the Authority desires to maintain appropriate coverage and has received a quotation for Worker’s Compensation Insurance from Liberty Mutual Insurance Group for the policy period ending June 17, 2026 for $1,356.00;   WHEREAS, N.J.S.A. 40A:11-5(1)(m) authorizes the Authority to award contracts for insurance without public advertising for bids and bidding thereof; and   WHEREAS, the Authority Administration has certified the availability of funds under line item 23.03 of the FY 2026 annual budget.   WHEREAS, the Authority has reviewed the Certification of the Authority Administrator of even date herewith;   NOW, THEREFORE, BE IT RESOLVED by the Pequannock River Basin Regional Sewerage Authority in the Counties of Morris and Passaic in the State of New Jersey on this 20th day of May, 2026, as follows:   1. The Authority hereby approves and authorizes the Authority Administrator to acquire the aforesaid insurance policy.   2. The Authority hereby authorizes payment to the above company of the premium due in the amount of $1,356.00.   3. The Administrator is authorized and directed to cause a notice of this Resolution to be published in accordance with applicable laws governing the same.   4. This Resolution shall take effect immediately.   Certified to be a true copy of a Resolution enacted at a duly convened public meeting of the Pequannock River Basin Regional Sewerage Authority held on May 20, 2026.   _______________________________ Dave Desai. Secretary Suburban Trends 6/7/2026 Fee: $49.28 (56) 12381850