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HomeMy WebLinkAboutCity Council Resolution 2008-171CITY OF PLYMOUTH RESOLUTION NO. 2008-171 AWARDING THE CONTRACT FOR INSURANCE FOR THE 2008/2009 INSURANCE PROGRAM WHEREAS, the City desires to purchase insurance coverage for potential liability and property losses; and WHEREAS, the City has reviewed the proposal for the necessary insurance coverage; and WHEREAS, the City recommends that we accept the basic limit which corresponds with the Municipal Tort Liability Statute and not purchase excess liability insurance; and WHEREAS, the City received a renewal from the League of Minnesota Cities Insurance Trust for $344,186 for coverages and limitations set forth in the Risk Manager's memo dated April 29, 2008; and NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the City council award the contract for insurance coverage as proposed to the League of Minnesota Cities Insurance Trust for $344,186. Adopted by the City Council on May 27, 2008.