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01-27-1992 Council Packet
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01-27-1992 Council Packet
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r <br />r:, , <br />m <br />or 3% from 1991 and is included in the 1992 insurance budgets. <br />The agent fee is reduced by commissions earned throuoh the policy <br />premiums paid by the City. For example the fee for service in <br />1991 was $6,800.00 but after applying the commissions the C’ty's <br />direct cost was $2,028.45. <br />RECOMMENDATION <br />It is recommended that the 1992 insurance coverages be approved <br />and awarded as presented on Attachment "A" and that Mr. Duweyn <br />Carlson, Apple Valley Agency, be appointed insurance agent o: <br />record for 1992. <br />PROPOSED MOTION - Moved by seconded by to award .he <br />insurances effective January 1, 1992 to the League of Minnesota <br />Cities Insurance Trust for multi peril and excess liability <br />$98,122; to United Fire and Casualty for surety bonds $1,171; to <br />Western National for boilers $314; to St. Paul Conipanies for <br />computers $520; and to appoint Mr. Duweyn Carson, Apple Valley <br />Agency, as Insurance Agent of Record for 1992 at a fee ni't to <br />exceed $7,000, including commissions earned through policy <br />premiums paid by the City. Ayes __, Nays __. <br />1
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