HomeMy WebLinkAbout2000-009 EDAR1
1
Commissioner Kay Lasman introduced the following resolution and
moved its adoption:
May 22, 2000
Date
EDA RESOLUTION NO. 2000 09
RESOLUTION AWARDING CONTRACTS FOR EDA INSURANCE POLICIES
FOR 2000
WHEREAS, the Director of Finance and the City's Insurance Agent have
negotiated annual renewal premiums for the Economic Development Authority's and Earle Brown
Heritage Center's comprehensive insurance coverage for the period from April 1, 2000 to April
1, 2001 and they are as follows:
1. Comprehensive Municipal Property and Casualty Insurance from the League of
Minnesota Cities Insurance Trust (L.M.C.I.T.):
Property 14,219
Boiler Machinery 1,713
General Liability 20,415
Automobile Liability 88
Total Annual Premium $36,435
2. Open Meeting Law Defense from the L.M.C.I.T.:
Covered under City policy and
3. Workers' Compensation Insurance from the L.M.C.I.T.:
Covered under City policy
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center to accept the negotiated insurance renewals and
award the contracts as stated.
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Debra Hilstrom and upon vote being taken thereon, the following voted in favor
thereof: Myrna Kragness, Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.