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RESOLUTION NO. 7251 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />Resolution 7251 Authorizing Insurance Policies for the Year January 2008 <br />through December 2008 <br /> <br /> <br /> WHEREAS, the City of Mounds View has made application for insurance policies to <br />cover the period of January 1, 2008 through December 31, 2008 and received proposed <br />policies from the League of Minnesota Cites Insurance Trust (LMCIT) and Chubb <br />Insurance. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds <br />View authorizes staff to purchase the following insurance policies from the LMCIT and <br />Chubb Insurance for the period of January 1, 2008 through December 31, 2008 and to <br />make payment of premiums as they become due: <br /> <br /> <br /> Internet Liability (Chubb) $ 2,500 <br /> Comprehensive Municipal Coverage (LCMIT) 90,898 <br /> Open Meeting Law (LCMIT) 610 <br /> Worker’s Compensation (LCMIT) 64,563 <br /> <br /> Total $158,571 <br /> <br /> Adopted this 14th Day of April 2008. <br /> <br /> <br /> ______________________________ <br /> Rob Marty, Mayor <br />(ATTEST) <br /> <br /> ______________________________ <br /> Jim Ericson <br /> City Clerk/Administrator <br /> <br />(SEAL)