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<br />rCI ~\.) <br />( )j <br />fl~ <br /> <br />ITEM 4. <br /> <br /> <br />TO: <br /> <br />FROM: <br /> <br />MAYOR & CITY COUNCIL <br />LORI JOHNSON, FINANCE DIRECTOR1f~ <br /> <br />DATE: SEPTEMBER 23, 1993 <br /> <br />SUBJECT: PRESENTATION BY DAN GREENE <br />REGARDING INSURANCE RENEWALS <br /> <br />The City's property, liability, worker's compensation, and <br />general insurance are up for renewal on October 1, of each <br />year. At last Monday's Council meeting, the City Council <br />approved payment to the League of Minnesota Cities for worker's <br />compensation insurance for the upcoming year. At this Monday's <br />Council meeting, Dan Greene, of First National Insurance, will <br />meet with the City Council to present the results of requests <br />for quotes on the remainder of the City's insurance needs. <br /> <br />e <br /> <br />The City has had its coverage from the League of Minnesota <br />Cities in the past and it is expected that the City will <br />continue with the League of Minnesota Cities program. The <br />Leagues's program is the most beneficial to the City as it <br />offers coverage for the dam and beach which other insurance <br />companies will not cover. In addition, the League's rates have <br />been considerably less than those of other insurance companies. <br /> <br />Dan Greene will have additional information for the Council on <br />Monday night, at which time the Council is asked to authorize <br />coverage as recommended by Dan. He will also be able to <br />address any insurance related questions you may have. <br /> <br />e <br /> <br />P.O. Box 490 . 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 <br />