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_ GAB Business Services Inc <br /> 380 Lafayette Freeway Road Suite 116 <br /> P O Box 7007 <br /> St.Paul Minnesota 55107 <br /> Telephone 612-292-1234 <br /> March 11, 1992 Branch Office <br /> City of St. Anthony <br /> 3301 Silver Lake Road <br /> St. Anthony, MN 55418 <br /> ATTN: Tom Burt <br /> GAB FILE NO: 56542-09411 <br /> INSURED: CITY OF ST. ANTHONY <br /> CLAIMANT: PAUL J. BUTLER <br /> D/A: 08-27-89 <br /> Dear Mr. Burt: <br /> CAB Please be advised that this file has been concluded by way <br /> of a $ 6, 000. 00 full and final settlement with claimant <br /> Paul J. Butler. <br /> Under the City of St. Anthony's covenant with the League <br /> of Minnesota Cities Insurance Trust the city does have a <br /> $ 10, 000. 00 per occurrence deductible under endorsement <br /> ME030. Defense attorney fees are subject to inclusion in <br /> this deductible. Therefore we would request at this time <br /> the deductible recovery, calculated as follows: <br /> • The city squad car sustained damages amounting to <br /> $ 730.00. We were successful in recovering $ 584 . 00 from <br /> the adverse carrier. Therefore the city's net loss was <br /> $ 146.00. <br /> Butler's BI claim was .settled for $ 6, 000.00, plus <br /> $ 5, 933 . 24 in attorney fees and expenses were incurred for <br /> a total expenditure of $ 11,933 . 24 . Since the city has a <br /> $ 10, 000. 00 deductible, the recovery would be limited to <br /> this amount, less the $ 146. 00 loss you already sustained. <br /> This leaves a net reimbursement due of <br /> $ 9, 854 . 00. <br /> We would request at this time a draft in the amount of <br /> $ 9,854 .00 made payable to GAB Business Services and <br /> forwarded to our attention. If there are any questions <br /> please feel :free to call me. <br /> Sincerely, <br /> ) ` LL )) ' <br /> Leonard B. Kron, AIC <br /> Adjuster <br /> • LBK:mee <br /> cc: Agency <br />