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Page 3 <br /> <br />This completes the summary. If you have additional questions, I will be happy to <br />respond Monday evening, or research and come back with additional information. Based <br />on the stability of the LMCIT program, and the updated coverages and exposures for the <br />City of Elk River, we are recommending the Council pass a motion to accept the LMCIT <br />renewal proposal for property, liability and package coverages at $251,065 for the July <br />1, 2003 - 2004 renewal period. Any options you might choose to add would be <br />additional to this figure. <br /> <br />Thank you for your attention to this important matter for the City, and for allowing First <br />National Insurance Agency to assist you. We appreciate the City's business, and thank <br />the Council members for their service to the City and for time on the agenda. <br /> <br />Respectfully, <br /> <br />Mary Eberley, CPCU <br />Agency Mgr. <br /> <br /> <br />