03/25/1996 Council Packet - Laserfiche WebLink

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COUNCIL MEETING OCTOBER 9,1995 CONSIDERATION OF APPROVING A ONE YEAR NON-EXCLUSIVE LEASE TO THE LINO LAKES SENIORS, RANDY SCHUMACHER Mr. Schumacher explained that the Lino Lakes Senior Center group recently became incorporated with the State of Minnesota as a non-profit corporation. The easiest way to formalize a relationship between the Lino Lakes Senior Center group and the City of Lino Lakes is through a simple lease. The lease would give the seniors a non-exclusive right to use the senior center and would require them to provide insurance to cover the City in the event of any claims for activities that they conduct. The term of the lease is one year beginning November 1, 1995. The lease also spells out the terms with regard to rent, useage, maintenance, indemnification, insurance and termination of the lease. A copy of the lease was sent to each Council Member in their packets for their review. Mr. Schumacher explained that the Senior Center group had two (2) options. The first option was to become part of the City's financial accounting system or to become non- profit and keep control of their own accounts. The Senior Group felt they would be more independent and flexible by becoming non-profit. The lease is needed to use the Senior Center and to give the City protection for insurance liability and other issues covered by the lease. Council Member Elliott moved to approve the lease agreement as presented. Council Member Kuether seconded the motion. Motion carried unanimously. CITY ATTORNEY'S REPORT, BARRY SULLIVAN Mr. Sullivan did not have a report. CONSIDERATION OF AMENDING THE PRESENT EMPLOYEE INSURANCE POLICY, RANDY SCHUMACHER Mr. Schumacher explained that the City's current life and accidental death and dismemberment (AD& D) insurance carrier is Fortis. The City pays $.56 per $1,000.00 in life and AD & D insurance. The City would like to consider joining the Prudential Life and AD & D insurance plan offered through the Anoka County Instrumentality's plan at a cost of $i4 per $1,000.00. The base amount of insurance offered by Prudential is $10,000.00. Anything over $10,000.00 would have to be approved in advance by Prudential. The City would like to request a base amount of $25,000.00 for all employees through the Prudential plan. The City would also like to make available for employees, optional and dependent life insurance through Prudential, at no cost to the City. PAGE 9