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i'gego Agency e./Insurrance. <br />3880 Laverne Avenue North / Lake Elmo, Minnesota 55042 / (612) 777-8788 <br />January 25, 1994 <br />CITY OF LAKE ELMO <br />Attention: Mary Kueffner <br />3800 Laverne Avenue North <br />Lake Elmo, Minnesota 55042 <br />REGARDING: INSURANCE PACKAGE/RENEWAL PREMIUM SUMMARY AND BINDER <br />Dear Mary: <br />Enclosed is the renewal we received from Berkley Risk Services, Inc. <br />This is to serve as a premium summary and an insurance binder to <br />continue the coverage for the City of Lake Elmo through the League <br />of Minnesota Cities Insurance Trust. <br />'Comparing this with last year, there is an increase of $844.00 <br />I have included a renewal premium summary/comparison which will <br />give you the areas of change. <br />A quote for Excess Liability Coverage is also included. As we have <br />in years past, we strongly recommend this additional protection be <br />considered. The excess limit is quoted at $1,000,000.00. Higher <br />limits can be quoted up to $5,000,000.00 through the same program. <br />Please look this over and contact me if you have any questions <br />before presenting it.the Council. <br />Yours Very Truly, <br />Did J. Ho erg <br />DJH/dh <br />enc. <br />