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11 <br />Automobile: Premiums decreased ($1,213) due to the limited number of automobile related claims <br />the City has experienced. <br />Open Meeting Law: Council will see that the Open Meeting Law is listed at a cost of $0, but this is <br />for accounting purposes only. The premium for Open Meeting law coverage has been merged into <br />the cost of General/Municipal Liability coverage. It is important to note that the League <br />continue to maintain a separate policy related to Open Meeting Law. <br />As in previous years, no other insurance companies contacted the City or our designated agent, <br />expressing interest to compete with the League of Minnesota Cities Insurance Trust. It should be <br />noted that the costs of the premiums are within the amounts budgeted in the 2011 and 2012 <br />operating budgets. <br />Recommendation: <br />Staff recommends Council pass Resolution #11-037 approving No -Fault Sewer Back -Up <br />coverage at $25,000 through the League of Minnesota Cities. <br />Staff recommends Council pass Resolution #11-038 approving renewal of insurance coverage <br />through the League of Minnesota Cities at a cost of $214,291 and waiving the statutory limits <br />of tort liability. <br />