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bBerWey Insurance Services <br /> May 19, 1999 <br /> Roger Larson <br /> City of St. Anthony <br /> 3301 Silver Lake Road <br /> St.Anthony MN 55418 <br /> RE: Year 2000 (Y2K) <br /> Dear Roger: <br /> The League of Minnesota Cities Insurance Trust(LMCIT)is providing on renewal, limited <br /> (Basic)coverage for the Year 2000(Y2K)exposure. The Basic coverage limits are: $5,000 for <br /> Extra Expense(Business Interruption),and$25,000 per occurrence/aggregate for General <br /> Liability. The LMCIT is offering Expanded coverage for Cities meeting specific criteria. This <br /> . Expanded coverage increases the limits to: $25,000 for Extra Expense(Business Interruption) <br /> and$750,000 per occurrence/aggregate for General Liability. The cost of this expanded coverage <br /> is expected to be$2,363. <br /> The LMCIT Underwriting Manager is currently reviewing your application and supporting <br /> documentation. We will continue to work with you and the LMCIT to ensure that this process <br /> continues to move forward with an ultimate goal of obtaining the Expanded coverage from the <br /> LMCIT via an endorsement to the Covenant written from June 1, 1999 to June 1,2000. <br /> ncerely, <br /> Mark T. Flaten <br /> Vice President <br /> A Division of Berkley Risk Services,uc <br /> 920 Second Avenue South,Suite 700•Minneapolis,Minnesota 55402-4023• (612)376-4200•Fax:(612)3764299 <br />