CC 02-11-1991 - Laserfiche WebLink

Home Browse Search

"' . . . Minutes of the Arden Hills Regular council Meeting, 2/11/91 Page 2 Mahowald l1\OVed, seconded by Growe, to approve the Consent Calendar as suJ:mitted and authorize execution of all necessary documents contained therein: a. Resolution No. 91-11, Approving st. Mary's Romanian Orthodox Church Premises Pennit f= Bingo Operations at Pot 0 Gold Hall, 3776 Connelly Avenue. b. Resolution No. 91-12, Approving Concordia Singing Society Premises Permit for Bingo Operations at Pot 0 Gold Hall, 3776 Connelly Avenue. c. Resolution No. 91-13, Approving st. Paul Tul:ners Premises Permit for Bingo Operations at Pot 0 Gold Hall, 3776 Connelly Avenue. d. Approve Solicitation Request from Victory Achievers. e. Approve List of Claims and Payroll. CONSENT CALENDAR Motion carried unanimously. (5-0) PUBLIC ~S None. EXCESS LIABILITY Council was referred to a memoraIXlum from the Clerk INSURANCE COVERAGE Administrator dated 2-8-91, and =espondence from lMCIT Executive Director Peter Tritz dated 11/20 and 12/1/90, regarding new excess liability coverage options offered to cities from the League of Minnesota cities Insurance Trust. city Insurance Agent Bill Hite reviewed the unusual events which are covered by the excess liability insurance and the rationale outlined by the IMC f= choosing to provide greater coverage than the statutory lilnits. He indicated that approxlinately 50 percent of the cities are participating in the excess liability coverage option. Hite also explained the waiver/nonwaiver of statutory liability options and the cost differential of approxilllately $4,500.00. Clerk Administrator Berger advised that the lMC designed the policy to fill the gaps in coverage f= events outside the statutory lilnit coverage. He stated that both Bill Hite and Peter Tritz have recommended the City approve the excess liability insurance coverage and waive the $600,000 statutory lilnit. Berger explained he con=s with the recarmnendation for approval and that funds are hldgeted in 1991 for the coverage. Bill Hite advised the city has an excellent record relative to past claims and has received substantial dividends at the en:i of the year due to the low number of claims. council1nember Malone expressed concem that the city will by paying an additional cost for events which are unlikely to occur. Bill Hite explained all events listed in the current policy are also covered by the excess liability insurance. Mahowald lllOved, seconded by Growe, to continue with the same liability insurance package for the city for 1991, which provides for excess liability insurance in the amount of $1,000,000.00 and waive the $600,000.00 statutory lilnit. Motion carried. (Mahowald, Growe, Hansen and Sather voting in favor; Malone opposed) (4-1)