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HomeMy WebLinkAboutAgenda Report - July 5, 1984 (120)ITY COUNCIL MEETING JULY 5, 1984 Assistant City N-lanager Glenn presented the following Letter that had been received from Max E I son I nsurance , Inc., t he City's Agent of Record: "Confimiing our discussion today, we have received the following renewal quote on the above policy: Limit:, $4,000.000 Deductible: 100,000 SIR Premium: 10,000 Minimum & Deposit Rate: .146 Per $100 of Payroll As this is July 1. 1984, renm-val and an 9% reduction over last year. I rinve taken the liberty of binding this pending Council's approval. If you have any questions, please let me know. Best regards, s/Jim Elson" RES. ND. 84-106 Following discussion. on motion of Council Nimber Pinkerton, Olson second, Council adopted Resolution No. 84-106 renewing Workers Coffpen3at ion Excess Coverage Insurance as heretofore set forth. MBVAL OF 11KRUM MIP- O`SATRN EXCESS MIErt4m I NSLIR- AWE ITY COUNCIL MEETING JULY 5, 1984 Assistant City N-lanager Glenn presented the following Letter that had been received from Max E I son I nsurance , Inc., t he City's Agent of Record: "Confimiing our discussion today, we have received the following renewal quote on the above policy: Limit:, $4,000.000 Deductible: 100,000 SIR Premium: 10,000 Minimum & Deposit Rate: .146 Per $100 of Payroll As this is July 1. 1984, renm-val and an 9% reduction over last year. I rinve taken the liberty of binding this pending Council's approval. If you have any questions, please let me know. Best regards, s/Jim Elson" RES. ND. 84-106 Following discussion. on motion of Council Nimber Pinkerton, Olson second, Council adopted Resolution No. 84-106 renewing Workers Coffpen3at ion Excess Coverage Insurance as heretofore set forth.