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CITY OF ST. ANTHONY <br /> REQUEST FOR CITY COUNCIL ACTION <br /> Date Submitted Type of Action Requested Agenda Item Number <br /> Resolution New Business-3 <br /> April 6, 1982 Ordinance <br /> Date Action Requested X Formal Action/Motion Title Bidding of <br /> Other <br /> April 13 , 1982 City Insurance <br /> TO: Mayor and Councilmen <br /> FROM: David Childs, City Manager <br /> ------------------------------------------------------=----------------- <br /> SUMMARY DISCUSSION OF SUBJECT: The current City Package !nsurance Policy <br /> (Property, Liability, Workmen ' s Comp) expires May 30, 1982. Attached are proposed <br /> specifications, bidding forms and equipment schedules necessary for bidding. I <br /> am recommending that the specifications indicate that the City is interested in a <br /> multiple year package wi'th one particular carrier. This should give us some <br /> continuity with a particular agent and company and encourage the lowest possible <br /> cost to the City. <br /> FISCAL IMPACT: The purpose of bidding is to reduce total City cost for these <br /> coverages. Because of extreme competition in the industry during recent months , <br /> we expect to get an excellent group of bids and afford the City some savings . <br /> ALTERNATIVES : <br /> 1 . Self insurance. <br /> 2. Continue with present carrier without bidding. <br /> 3. Call for competitive bids. <br /> RECOMMENDATION: Call for bids on City i nsurance to be re•;e i ved and opened at <br /> 10:00 A.M. , rnOn , May t®, 1982. <br /> • CITY MANAGER' S REVIEW: COMMENTS : <br />