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HomeMy WebLinkAboutAgenda Report - July 5, 1984 (132)+' "CITY COUNCIL MEETING JULY 5, 1984 i �A• REt U AL OF VX10am m1P- INSAT1CN EXCESS �r V COlUWM I NSUI- V AINCE Assistant City Manager Glenn presented the following letter that had been received frau Max Elson Insurance, Inc., the City's Agent of Record: "Confi miing 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 Min.inm & Depos i t Rate: .146 Per $100 of Payroll As th-is is July 1 1984, renewal and an 8% reduction over last year. I have taken the liberty of binding this pending Council's approval. If you have any questions, please let me know. Hest regards. s/Jim Elson" RFS. NO. 84-106 Following discussion, on m ion of Council Member Pinkerton, Olson second, Council adopted Resolution No. 84-106 renewing Workers Conpensat ion Excess Coverage Insurance as heretofore set forth, � 4 f P yyY� June 21, 1984 Mr. Jerry Glenn Assistant City Manager CITY OF LODI 221 W. Pine Lodi, CA 95240 Re: Excess Norkers Compensation Dear Jerry: Confirming our discussion today, we have re- ceived the following renewal quote on the above policy: Limit: $4,000,000 Deductible: 100,000 SIR Premium 10,000 Minimum 8 Deposit Rate: .14 6 Per $100 of Payrol l As this is a July 1, 1984, renewal and an 8% reduction over last year, I have taken the liberty of binding this pending Council's approval. If you have any questions, please let me know. Best regards, JIM SON JE;bjd JUN 28 i 83+1 SOUTH FAIRMONT AVENUE + LODI, CALIFORNIA 95241 • P.Q. BOX 188 • 20913093= - n (, ) RE9OWrICN NO. 84-106 A RFSCLUT ICN AUIHCRI Z ING RF1VI• WAL OF 1UR5 CCMPENSATICN EXCESS CCNFRAGE INSMANCE RESOLVED that the City Council of the City of Lodi does hereby approve EXcess Nbrkers Corrpensation Renewal as set forth in the attached quotation marked 2xhibit "A" and thereby made a part thereof. Dated: July 5, 1984 I hereby certify that Resolution No. 84-106 was passed and adopted by the City Council of the City of Lodi in a meeting held July 5. 1984 by the following vote: Ayes: Council Ztiambers - Hinchman , Reid, Ol son , Pinkerton a Snider Mayor) Noes: Counc i 1 SAnt)e rs - None Absent: Council 5UTbers - None Alice M;.ke he City Clerk 84-106 June 27, 1984 Mr. Jerry Genn Assistant City .Manager CITY OF LODI 221 W. Pine Lodi, CA 95240 Re: Excess Workers Compensation Dear Jerry: Confirming our discussion today, we have re- ceived the following renewal quote on the above policy: Limit: $4,000,000 Deductible: 100,000 SIR Premium 10,000 Minimum b Deposit Rate: .146 Per $100 of Payroll As this is a July 1, 1984, renewal and an 8% reduction over last year, I have taken the liberty of binding this pending Council's approval. If you have any questions, please let me know. Best regards, JIM 7 SON JE;bjd JUN 2 8 1964 832 SOUTH FAIRMONT AVENUE 9 LODI, CALIFORNIA 95241 s P.O. BOX 188 • 20913W3ti33