Council approves IMLRMA Min/Max premium agreement
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Description
Rochelle City Council approved an ordinance authorizing execution of the Illinois Municipal League Risk Management Association Minimum/Maximum Premium Agreement. The agreement formalizes a risk-sharing premium structure for the city’s 2025‑2026 insurance coverage.
Contract Details
Vendor
ILLINOIS MUNICIPAL LEAGUE RISK MANAGEMENT ASSOCIATION (IMLRMA)
Agency
City of Rochelle city, IL
Contract Type
INSURANCE
Document Date
December 8, 2025
Contract Term
2025-2026
Renewal Date
2026-12-31
Renewal Info
Minimum/Maximum Premium Agreement governs the 2025‑2026 policy period; renewal or renegotiation would be required for subsequent coverage years.
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