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HomeMy WebLinkAbout1979-040 CCR Member Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 79 -40 RESOLUTION RENEWING INSURANCE CONTRACT WHEREAS, on December 4, 1978, the City Council accepted the proposal of the Home Insurance Company and renewed its insurance contract for liquor liability insurance coverage for the calendar year 1979; and WHEREAS, the Home Insurance Company will only insure liquor liability to $300, 000 and that the statutory limit for liquor liability is $500,000; and WHEREAS, the Belefonte Underwriters, through the Towle Agency, has submitted a proposal to renew its excess liquor liability insurance contract for the calendar year 1979: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center to accept the proposal of the Belefonte Under- writers and the Towle Agency and renew its insurance contract for the period commencing January 1, 1979 for one year as follows: Excess liquor liability insurance with a limit of liability of $200,000 per location annual aggregate, in excess of $300,000 per location annual aggregate for an annual premium, subject to audit adjustment of $3,284. January 22, 1979 Date Mayo ATTEST Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Tony Kuefler and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Tony Kuefler, Bill Fignar, Gene Lhotka, and Celia Scott; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. I