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<br />.- <br /> <br />;;;" <br /> <br />RESOLUTION NO.88-56 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />;RESOLUTION AUTHORIZING CHANGE IN INSURANCE TO ADD INVERSE <br />CONDEMNATION AND POLLUTION LIABILITY COVERAGE <br /> <br />Whereas, the City's insurer has made available coverage for <br />'inverse condemnation and pollution liability; <br /> <br />Whereas, the addition of these coverages to the insurance program <br />would be desirable; <br /> <br />Whereas, the cost of the additional coverages is $2,400 for <br />pollution liability and $1,700 for inverse condemnation per <br />, year; <br /> <br />Whereas, the pro-rata cost of this addition for 1988 would <br />:be $1,400 for pollution liability and $1,000 for inverse <br />, condemnation; <br /> <br />Now, therefore be it resolved that: <br /> <br />I. The City Manager and Finance Director are authorized to <br />. amend the insurance program to add pollution liability and <br />inverse condemnation coverages. <br /> <br />2. To finance this amendment, the 1988 Budget shall be increased <br />by $2,400 with an appropriation being made from the General <br />,'Reserves. <br /> <br />Adopted this <br /> <br />14th <br /> <br />day of June. 1988 <br /> <br />R~ <br />/' C?)" ~~ <br /> <br />Henry D inda, City Manager <br /> <br />\, ATTEST,,- <br />\\\WG <br /> <br />'Margar <br />,Financ <br /> <br />\.--- <br />t A. Egan <br />Director <br />