HomeMy WebLinkAbout1988-204 CCR1
Member Gene Lhotka introduced the following resolution and moved
its adoption:
WHEREAS, the Director of Finance has negotiated annual renewal premiums
for the City's boiler and machinery insurance and liquor liability insurance
coverages and they are as follows:
December 5, 1988
Date
ATTEST: r/,)
RESOLUTION NO. 88 -204
RESOLUTION AWARDING INSURANCE CONTRACTS
The Hartford Steam Boiler Inspection Insurance Co.
Boiler and Machinery 2,162
Transcontinental Insurance Company
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
$0.81 per hundred dollars of sales
Estimated sales of $2,200,000
Estimated Annual Premium $17,820
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center to accept the negotiated insurance renewals and award contracts
as stated; and
BE IT FURTHER RESOLVED that the Jerome Coughlin Agency be designated
as the agent of record for said insurance coverages.
The motion for the adoption of the foregoing resolution was duly seconded by
member Rich Theis and upon vote being taken thereon, the following
voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes,
and Rich Theis;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.