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did not experience any claims relating to Y2K, the second year premium has <br />been canceled. <br /> <br />As you may recall, the liquor store is no longer covered by the LMCIT. In <br />1999 American States Insurance started writing liquor coverage in <br />Minnesota at rates lower than the LMCIT's. After a thorough review of <br />American States Insurance, it was recommended and the Council approved <br />moving the liquor store coverage to American States Insurance. That policy <br />was also renewed for April 1, 2000 to April 1, 2001 at a cost of $3,446. <br /> <br />Please contact me if you have specific questions regarding this renewal. If the <br />council would like a presentation from Dan Greene prior to approving the <br />renewal, you may remove this from the consent agenda, and I will schedule a <br />presentation for June 12. <br /> <br />Action Requested <br /> <br />The City Council is asked to approve the city's insurance renewal with the <br />League of Minnesota Cities Insurance Trust for the coverage period of April <br />1, 2000 to April 1, 2001 for property, liability, open meeting law, petro fund, <br />bond, and miscellaneous other insurance coverage. <br /> <br /> <br />