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10-08-1980 Council Agenda
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10-08-1980 Council Agenda
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t <br />t <br />:July 16, 1980 <br />City o f L ttte Canada <br />515 E. V.,G'..te Canada Road <br />Little Canada, 1lbutesota 55117 <br />Attention: !L&. Joseph Chlebech <br />PERSO1;AL A1.1) CONFIDENTIAL <br />Subject: Public Of ficia.t Legal LiabLei to Coverage <br />AU- R.i.ah Watch Main and Line Coverage <br />Peon Joe: <br />Regakdih:a owl nurtv&ous convetsati.ens we've been heseanching <br />tine pcMMLb13.,ity of obtaining a competitive fiiauke foh -the <br />above tno items. <br />It wou.Ed be my Aecomriendation that r!ou consider. these .taw <br />cave, aocs: <br />1. Public 056Lci.a2 Legal Linbigity wou.P_d photect aLt elected, <br />appointed public o6f- tc -Lals as welt as employees of the <br />City ofi L- tttt.e Canada. This WcuCd photect attt legit .tia6.it ti.ea <br />which would be imposed against the .i.ndiv.iduat oh, group, whicheveh <br />arty the atti„ t Ls Wed. W.ii hoot going into a lot ofi detail, a <br />tenat%ve coat ofi this eovexage would be $6,450.00 pek yeah., subject <br />to a $5,000.00 deductible per cfld n. <br />2. Water, rain Coveltage - I fLgan.ed out, phoviding wateh main and <br />pump coverage to phov.ide damage done to yowl equipment trough <br />outer Fotersukez not couched by the ondincuru £-Ute. conthnat, I <br />used a. f.i.guhe ofi $500,000 in values and the total cost would be. <br />$2,891.00 aubject to a $500.00 deductible. <br />
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