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MINN. �� IriiG x <br />DEC P a uses <br />TO: Mayor and City Council �����((\\§1 C" � �t� NOW <br />FROM: Mark Bernhardson, City AdministratoP'` <br />DATE: December 20, 1985 <br />SPBJBCT: 1986 Insurance Renewal <br />Attached are the following schedules for insurance renewal: <br />a.) Premium Summary Comparison 1985-1986 (includes <br />summary of coverage changes) <br />b.) Budget - Premium comparison for 1986 <br />The total renewal premium is $10,742 under what was budgeted. <br />This was principally because we had over estimated the amount of <br />increase for workers compensation. <br />It should be noted our agent of record Dewy Carlson went to <br />extensive effortb to obtain better quotations but the search was <br />not fruitful because of the difficult insurance market condition. <br />RDCOMMENDATION - The staff recommends award of bids to the <br />companies MTed in Schedule A. <br />PROPOSED MOTION - Moved by , seconded by , that the City <br />award insurance bide to the firms listed in Schedule A. Ayes <br />Wale <br />7 <br />