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Council Action Motion by- Ranallo,, seconded- by Makowske .to adopt -Resolution .87-019 with correction of the date for the Clerk' s Certificate. RESOLUTION 87-019 , A RESOLUTION .VACATING. A PORTION OF EASEMENT Motion carried unanimously. NEW BUSINESS 1987-88 INSURANCE RENEWAL PACKAGE . As indicated in the. City Manager' s May 8th memorandum, Mr. Flaten had compiled the price quotes -he had gotten on various aspects of the above and Councilmembers were provided copies of his report before the meeting. The City' s insurance consultant reported further that: -quotes for the umbrella coverage had not come in yet but he expected - - - --them--to--match-last-year's. figures -Worker' s Compensation rates had gone down considerably, although- the . • City's experience modification has risen; -commended the City and its employees for their efforts under the Claims Management program, which, as long as there were no further claims between April 1 and June 1 , would result in a return premium of about $54,000 for the City; -pointed out that under the Retrospective Rating Adjustment program, the City had been able to save close to $20,000 because a large claim had been pushed back to a prior year; -advised that past experience would seem to indicate the City should successfully be able to take higher property and general liability . deductibles as he had shown on the report; -told the Council. he perceived the League of Minnesota Cities In- surance Trust .was the best program available for them; said -he : perceived' the insurance climate..had- stablized somewhat when it came -to -general liability even though the League- Trust had chosen not to return all the premiums they could -to the cities. Mr. Childs indicated staff perceived higher deductibles should be based on the number of occurrences and recommended he and Mr. Flaten be , directed to seek another quote from the League Trust based on an i aggregate deductible cap. 0