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5.2. SR 08-16-2004
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5.2. SR 08-16-2004
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1/21/2008 8:33:54 AM
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8/13/2004 1:02:40 PM
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8/16/2004
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<br />CITY OF ELK RIVER <br /> <br />OPTIONS <br /> <br />I. $2,500 deductible, except equipment breakdown, save approximately $14,690. <br /> <br />2. $300,000 Faithful PerformanceBond <br /> <br />A. $1,000 deductible-$1,6l7 <br /> <br />B. $2,500 deductible-$1,522 <br /> <br />3. $500,000 Faithful Performance Bond <br /> <br />A. $1,000 deductible-$l ,863 <br /> <br />B. $2,500 deductible-$1,754 <br /> <br />4. $5,000 deductible equipment breakdown-$8,748 (see enclosed quote) <br /> <br />5. $1,000,000 and $2,000,000 excess liability-see enclosed quote <br /> <br />6. No Fault Sewer Back-up Coverage-8.5% of the Municipal Liability premium. <br />However, city must qualify for this coverage. <br />
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