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CC WORKSESSION 05061997
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CC WORKSESSION 05061997
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WA <br />Recommendation: <br />Staff recommends approval of the following insurance coverage totaling $167,075 for the <br />upcoming year (Includes $10,000 Deductible Per Occurrence /$50,000 Aggregate): <br />1) Council approve the League of Minnesota Cities insurance proposal <br />for the following: <br />A. <br />Property <br />$ 4,846 <br />B. <br />Inland Marine <br />$ 1,323 <br />C. <br />Boiler /Machinery <br />$ 3,203 <br />D. <br />Blanket Bond /Fidelity <br />$ 710 <br />E. <br />Automobile <br />$14,020 <br />F. <br />General Liability <br />$43,762 <br />G. <br />Open Meeting Law <br />$ 912 <br />H. <br />PetroFund /Underground Gas Tanks <br />$ 1,440 <br />2) Council approve workers' compensation coverage totaling $47,082 which <br />includes an Employee Managed Care Plan. <br />3) Council approve Lexington Insurance Company as the City's On- Sale /Off- <br />Sale liquor liability carrier at a cost of $45,004 <br />4) Council approve Accident Plan Coverage for Volunteers at a cost of $ 773 <br />5) Council approve agent fees totaling $4,000. <br />
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