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LMCIT bond coverage for relief association <br /> gambling managers <br /> Pete Tritz <br /> The League of Minnesota Cities Insurance Trust recently association's gambling manager therefore does not need to <br /> heard from several member cities where the fire relief obtain a separate additional bond in order to comply with <br /> association is involved in charitable gambling.State law the statute. <br /> requires that the gambling manager be covered by a faith- Note that the LMCIT bond coverage is designed to <br /> ful performance bond.The state Gambling Control Board also meet the bond requirement for the relief association <br /> had questioned whether the city's LMCIT bond coverage treasurer.You need to make sure that the bond limit is at <br /> was sufficient to meet that statutory requirement. least high enough to comply with what the statute <br /> We've discussed this issue with the Gambling Control requires (i.e.,10 percent of the association's assets or <br /> Board staff and provided additional information about the $500,000,whichever is less).But if the city has LMCIT <br /> LMCIT bond coverage.They have now confirmed that bond coverage with sufficient limits,there's also no need <br /> the city's LMCIT bond coverage does meet the statutory for a separate bond for the relief association treasurer. <br /> bonding requirement for the relief association's gambling If you have any questions,contact Pete Tritz or <br /> manager.If the city has LMCIT bond coverage,the relief Ann Gergen at the League office. Ir <br /> Everything you need to knowLMC <br /> , <br /> about city human resources and benefits <br /> Everything you need to know about city human HR Reference Manual Chapters <br /> resources and benefits is available to you online Hiring FF <br /> or through telephone consultation as part of your Separation from Employment <br /> LMC membership dues. Personnel Policies <br /> Check out the online HR Reference Manual,at <br /> www.Imnc.org,for information on all aspects of Topicsto come; <br /> personnel and benefits management for cities. Compensation and Benefits <br /> Labor Relations <br /> For specific questions you can also call the League Employee Communication <br /> at (800) 925-1122 and ask for HR or benefits help. ' Employee Records <br /> September 13, 2006 LMC Cities Bulletin Page 11 <br />