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Informational Material for 1-4-84 City Council Meeting Page 2 Zignego Agency is currently our agent of record only for Cigna Companies and for the League of Minnesota Cities. An insurance company will not give out a bid on a insurance specifications to any company unless they are designated our agent of record. Zignego Agency is requesting that the City designate them our agent of record for all their companies in an effort to see if better rates are possibly available. Neither Zignego Agency or the staff feels that better rates are likely to happen as the bids for our insurance policy were taken a number of years ago and Cigna was substantially lower than any other company. Cigna, which covers our general liablili.ty, has proven to have the best rates and our good history with this company has provided us with better rates as time has gone on. The Agent of Record designation does not in any way affect the rate provided to the City or a profit for the Agent of Record representing that company. All insurance companies will give the same bid regardless who the agent of record is; but, the companies will only give the bid to the designated Agent of Record. We should give our local business the opportunity to represent the companies which they work with. The City has had excellent rates, a good work history and good service from Zignego and feels that that they should be allowed to at least explore the possibility of getting lower rates in the future. The staff, considering our history and the previous bids that were received, sees no need to go out for revised bids this upcoming year. If the City Council desires further explanation of the Agent of Record or the need to solicit insurance bids, I should be notified and then this can be placed on a future agenda, either on December 18 or in January, 1985. Unless I hear otherwise from the City Council, I will sign the attached letter designating Zignego Agency, Inc. as the City's Agent of Record not only for Cigna Companies and the League of Minnesota Cities, but also for the other six insurance companies that work with the Zignego Agency. 6. At the November 7, 1984, City Council meeting, the Council required the posting of a $300 bond to cover the expenses of a recount, if one was requested. Mayor Eder requested a recount and posted this bond. The recount was held on Tuesday, November 20, 1984. The total charges for this recount amounted to $73.20. The staff feels that it is proper to return the $300 bond to Maynard and obtain a check of $73.20 from him for the recount costs. The staff will proceed with this unless I hear otherwise at the 12-4-84 meeting. 7. Attached for your information is page 4 and 5 from the November 15, 1984 Washington County Park and Open Space meeting . This attachment discusses the Lake Elmo Park Reserve and its recent and future activities. These comments should provide the Council with an up-to-date summary of what has taken place and will be taking place in the Regional Park. As you can ascertain from the narrative on the park entrance road, the County has experienced some difficulties with the Hammes' on this project. Dorothy Lyons has attempted to discuss with the City Council at its last two meetings the regional park entrance road from loth Street to I-94. The discussion of the entrance road in the attached 11-15 minutes relates to the road from loth St. north. In an effort