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2288.1 <br />"6WL MEETING <br />TO: Mark Bernhardson, City Administrator <br />� fEa - s sae <br />FROM: Thomas M. Kuehn, Finance Director'' <br />DATE: February 2, 1988 OF ONONO <br />SUBJBCT: Insurance Agent of Record <br />The City of Orono Agent of Record Agreement is due for renewal <br />for policy year 1988. It is my recommendation to continue the <br />agreement with Mr. Duweyn Carlson of the Apple Valley Agency as <br />Agent of Record. Mr. Carlson continued his high level of service <br />to the City through out 1987. The fee for service requested for <br />1988 is $5,500.00 which is a modest 2.8% increase over 1987 and <br />has been budgeted. Also please note that the fee is reduced by <br />commission earned through the policy premiums paid by the City. <br />For example the fee for service in 1987 was $5,350 but after <br />applying the commissions the City•s direct cost was $1,060.00. <br />I have attached a copy of the agreement for Agent of Record for <br />1988. <br />TO: Mayor and City Council <br />FROM: Mark Bernhardson, City Administratov <br />Forwarded recommending approval. <br />PROPOSED MOTION - Moved by , seconded by __, to appoint Mr. <br />Duweyne Carlson, Apple Valley Agency, as Insurance Agent of <br />Record for 1988 at a fee not to exceed $ 5, 500.00. Ayes __, Nays <br />