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Risk Control, Inc. <br />INSURANCE MANAGEMENT SERVICES <br />216 WAT 7REET;,'.' <br />EXCELS) 1 M6SOTA 55331. <br />1612)474- 4 <br />Date: <br />FEB i r" <br />CITY OF <br />b 1,11 ILL CANADA. <br />Effective this day, the parties signing this contract agree that <br />has been retained as Insurance Managers. The anticipated duties <br />Risk Control, Inc. on behalf of the City of Little Canada are as <br />Risk Control, Inc. <br />to be performed by <br />follows: <br />1. Perform a review of existing insurance policies and an exposure <br />survey to determine if there are any gaps in coverages or dupli- <br />cate coverages. <br />2. Prepare specifications for the bidding of all insurance policies <br />carried by the City with the exception of group health, disability, <br />and life, etc. <br />3. Examine all submitted bids and submit comparisons and recommendations <br />to the City Council for their decision. <br />4. Perform any additional insurance related survices if and when <br />specifically requested by the City of Little Canada. <br />Risk Control, Inc. does not assume decision making authority but carries out the <br />city administration's decisions as best possible. <br />The agree on fee for the above listed services is $50.00 per hour of actual time <br />spent including travel time from our offices in Excelsior, Minnesota to Little Canada <br />when necessary. If Risk Control, Inc. is to type th specifications for bid, our fee <br />for clerical time spent shall be $15.00 per hour. Risk Control, Inc. will prepare <br />invoices for accumulated hours, if any, on a monthly basis and these invoices shall <br />be paid in 15 days following receipt by the City of Little Canada. <br />This contract shall have no specific time period and shall continue as written unless <br />revised or terminated by either party. <br />CITY OF LITTLE CANADA <br />515 Little Canada Road <br />Little Canada, Mn. 55117 <br />BY: <br />02 <br />RISK CONTROL, INC. <br />BY: <br />