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Council renews three‑year insurance agreement with LARM, approves local audit contract and rejects an overbudget dispatch‑furniture bid
Summary
Council approved a three‑year renewal with LARM (with a 5% discount for commitment), authorized a low bid to a local audit firm for FY2026 audits, and voted to reject dispatch‑furniture bids that exceeded budget so staff can re‑solicit.
Council approved Resolution 2026‑64 to renew the city's insurance coverage with LARM for a three‑year period beginning 10/01/2026; staff explained a 5% discount available for a 3‑year commitment and recommended accepting the discount while monitoring renewal options. "If we agree to 180‑day notice with a 3‑year commitment, they give us a 5% discount," staff said.
Finance staff reported two responsive audit bids; the lowest responsive bidder was local firm Casey Peterson, and the council approved awarding audit services for the FY ending 09/30/2026. The finance officer noted the city will perform a single audit because of recent federal grant activity.
On dispatch‑furniture procurement Chief Hickstein recommended rejecting received quotes because only one met specifications and it came in over budget (roughly $64,000); council agreed to reject the bids and directed staff to re‑solicit with the new procurement process to seek responsive quotes within budget.
