HomeMy WebLinkAbout1990-005 CCRIII Member Celia Scott introduced the following resolution and moved its
adoption:
RESOLUTION NO. 90 05
RESOLUTION AWARDING LIQUOR LIABILITY INSURANCE CONTRACT
WHEREAS, the Director of Finance and the City's Insurance Agent have
requested proposals for the City's liquor liability insurance coverage; and
WHEREAS, proposals were received as follows:
Rate Per Estimated
Company $100 of Sales Annual Premium
St. Paul Surplus 0.8838
Blackburn, Nicol 0.9010
Transcontinental Ins. Co. 0.8100
19,444
19,827
17,820
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center to accept the proposal of Transcontinental Insurance Company and
award it the insurance contract for the City's liquor liability insurance coverage
to be as follows:
Liquor Liability (Off -Sale)
$1,000,000 BI each person
$1,000,000 BI each occurrence
$1,000,000 PD each occurrence
$1,000,000 Loss of means of support each person
$1,000,000 Loss of means of support each occurence
$1,000,000 Aggregate
Estimated sales of $2,200,000
Estimated Annual Premium $17,820
BE IT FURTHER RESOLVED that the Brandow Howard Kohler Rosenbloom,
Inc. (BHK &R) Agency be designated as the agent of record for said insurance
coverage.
January 8, 1990
Date
ATTEST: a<0 '4
Clerk
The motion for -the adoption of the foregoing resolution was duly seconded by
member Jerry Pedlar and upon vote being taken thereon, the following
voted in favor thereof: Dean L'Iyquist, Celia Scott, Todd Paulson,
Jerry Pedlar, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.