Laserfiche WebLink
r <br />‘'6 <br />% <br />REQUEST FOR COUNCIL ACTION <br /><3e ^ <br />DATE; NovemH^^ <br />ITEM NO: <br />i i <br />Departme.'t Approval: ^ <br />Name Tom Kuehn <br />Title Finance Director , <br />Administrator Reviewed:Agenda Seetion: <br />Citv Administrator’s <br />Report <br />Item Description: <br />ApfK)int Insurance Agent of Record tor 1995 <br />Attachment: Agent ot Record Agreement <br />The agent of record agreement 'vith Mr. Duweyn Carlson of th; Apple Valley Instance <br />Agenev renews on January 1st. The service fee for 1995 is $7,1‘80, an increase ot 3 /o, <br />and is included in the 1995 insurance budget. The agent fee is stated at a gross ai^ount <br />but is reduced bv anv commissions earned through the policy premiums paid by the City. <br />For example the fee'for service in 1994 was S7.650. however, the net direct cost to the <br />City after applying the commissions earned was S4242. <br />As part of the 1995 budget process, staff indicated it may be possible to reduce the cost ot <br />the insurance agent f y staff taking on this responsibility. In pursuing this, staff tound that <br />this could only be done through a staff person becoming certified as an insurance agent. <br />The time and expense required to do this led statf to determine that the current <br />arrangement with the insurance agent should be retained for 1995. <br />COUNCIL ACTION REQUESTED: <br />Council appointment of Mr. Duweyn Carlson. Apple Valley Agency, as insurance agent <br />of record for 1995. <br />PROPOSED MOTION: - Moved by.____. seconded by,-------, to appoint Mr. <br />Duwevn Carlson. Apple Valley Agency, as Insurance Agent of Record tor 1995, at a tee <br />not to exceed S7,880, including any commissions earned on policy premiums paid by e <br />City. <br />Aves . Nays ___