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Laog•w of 1~innesofa Cifiaa, <br />Ct6Qa see oxaal~aa~ <br />December 15, 2003 <br />To: City Officials <br />From: LMCIT Board of Trustees <br />League of Minnesota Cities <br />Insurance Trust <br />145 Universi'~y Avenue West, St Paul, MN 55103-2044 <br />(651) 281-1200 • (800) 925-1122 <br />Fax: (651) 281-1298 • TDD: (651) 281-1290 <br />,_„ wwwJmnc.org <br />Re: 2003 Property/Casualty Dividend <br />We are very pleased to enclose a check for your city's share of the $9 million dividend. which the <br />LMCIT property/casualty program is returning to member cities. Also included in this mailing <br />are the following: <br />• . A data sheet showing the, premium and loss data used to calculate your city's dividend; and <br />• A memo explaining in detail how your city's dividend is calculated. <br />We've also enclosed two other items which we' d ask you to share with the city council: <br />• A memo to elected officials with some background information on the dividend; and <br />• Graphs showing your city's premium and dividend history. <br />Please feel free to call Pete Tritz at 651-281-1265, Ann Gergen at 651-281-1291, or Amy <br />lvlansager at 651-281-1280 if you have any questions or need any additional information. <br />• <br />AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION EMPLOYER <br />