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<br /> <br />LMC <br /> <br />145 University Avenue West, St. Paul, MN 55103-2044 <br />Phone: (651) 281-1200. (800) 925-1122 <br />Fax: (651) 281-1298 . TDD (651) 281-1290 <br />www.Imcit.lmnc.org <br /> <br />League of Minnesota Cities <br />Cities promoting exceDence <br /> <br />December 17, 2002 <br /> <br />To: City officials <br /> <br />From: LMCIT Board of Trustees <br /> <br />Re: 2002 Property/casualty dividend <br /> <br />We are very pleased to enclose a check for your city's share of the $9 million dividend <br />which the LMCIT property/casualty program is returning to member cities. Also <br />included in this mailing are <br /> <br />· a data sheet showing the premium and loss data used to calculate your city's <br />dividend; and <br /> <br />· a memo explaining in detail how your city's dividend is calculated. <br /> <br />We've also enclosed two other items which we'd ask you to share with the city council: <br /> <br />· a memo to elected officials with some background information on the dividend; and <br /> <br />· graphs showing your city's premium and dividend history. <br /> <br />Please feel free to call Pete Tritz at 651-281-1265, Ann Gergen at 651-281-1291, or Pat <br />Deshler at 651-281-1267 if you have any questions or need any additional information. <br />