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04-08-1996 Council Packet
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04-08-1996 Council Packet
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REQUEST FOR COUNCIL ACTION <br />d <br />DATE: April 5^^ <br />ITEM NO: / ^ ^ <br />Department Approval: ^ <br />Name Tom Kuehn <br />Title Finance Director * <br />Administrator Reviewed: Agenda Section: <br />City Administrator ’s <br />Report <br />Item Description: <br />Golf Course Liquor Liability Insurance Award <br />DISCUSSION: ’ ne liquor liability insurance coverage for the Orono Golf Course has <br />had a policy z "»?i.cryarv renewal date of April 1st. This coverage has been with the St. <br />Paul Compai.^. ,^:ior four years’ premiums have been; $1,375 in 1992, and 1993; <br />$1,438 in 1994; ai 1.500 in 1995. <br />The coverage period this year has been adjusted so that beginning in 1997 this policy will <br />renew on January 1st. at the same time as all the City’s other insurance. The renewal <br />premium for 1996 is $1,017 which covers the period April 1, through December 31. The <br />annualized premium, which no longer includes commission, is $1,350 for 1996 compared <br />to the budget amount of $1,575. <br />COUNCIL ACTION REQUESTED: <br />Award the Orono Golf Course liquor liability insurance coverage to the St. Paul Insur <br />ance Company effective April 1, 1996. <br />PROPOSED MOTION: - Moved W,. seconded by.. to award tlie Orono <br />Golf Connie liquor liability insurance coverage for the period Apnl 1, 1996 through <br />December M. 1996 to the St. Paul Insurance Company at a premium cost ot $1,017, <br />Aves____, Nays
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