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May 9, 1985 <br />Page 2 0 <br />that $25,724 be transferred from contingency to the various insurance <br />accounts to cover this unanticipated increase in insurance premiums. <br />RECOMMENDATION: <br />1) Council approve, by motion, renewal of the City's various <br />insurance policies through Transcontinental Brokers, Inc. in <br />the amount of $61,883. <br />2) Council approve, by motion, the budget transfer of $25,724 from <br />the 1985 General Fund Contingency Account to the various insur- <br />ance accounts to cover the unanticipated increase in insurance <br />premiums for 198i••86. <br />DB/ds <br />0 <br />