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<br />!' <br /> <br />~.,._. Ol'i <br /> <br />RESOLUTION NO'Ja2=35 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AWARDING PUBLIC OFFICIALS LIABILITY INSURANCE <br /> <br />Whereas, it is in the City's best interest to obtain public <br />officials liability insurance; <br /> <br />Whereas, quotations have been solicited; <br /> <br />Whereas, the quotations provided were: <br /> <br />Premium Prior Acts Claims Made Limit Deductible <br /> <br />Tudor Insurance <br />League of Cities <br />National Union <br /> <br />$8162 <br />$8742 <br />$12179 <br /> <br />Yes <br />No <br />No <br /> <br />Yes <br />Yes <br />Yes <br /> <br />$1000000 $500/$2500 <br />$600000 $2500 <br />$1000000 $10000 <br /> <br />Whereas, the quotation made by Tudor Insurance is the lowest <br />premium and provides the preferred coverage; <br /> <br />NOW, THEREFORE BE IT RESOLVED that the City Manager and Finance <br />Director shall be authorized to enter into an agreement with <br />Tudor Insurance to provide the City with public officials <br />liability insurance. The term of the policy will be for the <br />year April 1, 1987 through March 31, 1988. <br /> <br />Adopted this <br /> <br />14th <br /> <br />day of <br /> <br />Margaret A. gan <br />Finance Director <br /> <br /> <br />ATTEST: <br />