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MAYOR <br />Michael L Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Matt Anderson <br />Rick Montour <br />515 Little Canada Road, Little Canada, MN 55117-1600 ADMINISTRATOR <br />(651) 766 -4029 / FAX: (651) 766 -4048 Joel R. Hanson <br />Email: cityhall @ci.little - canada.mn.us <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: July 20, 2001 <br />RE: Canadian Days — Insurance on Trailers <br />Attached is the proposed lease agreement with Canadian Days whereby they will transfer ownership in <br />their trailers to the City and we will lease them back to them. As you will recall, this is being done in <br />order to obtain insurance for these items. <br />I would recommend approval of the lease as drafted by the City attomey and subject to completion of the <br />descriptions for the units to be transferred. Once approved by the Council, we will complete the <br />transaction and obtain insurance coverage in time for this year's celebration. <br />Cc: Sue Nelson, Canadian Days <br />PAGE 76 <br />