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2019-03-13 CC Packet
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2019-03-13 CC Packet
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3/12/2019 9:17:28 AM
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�„mmuouu� <br /> 4 i " ��. ii�Gur �" ;k�"�id^dN�'anui"ur.h�tl w��w�r�nw d'"rim �iv�wrirvd�im, <br /> um uum wmmwwmm'Imm um umuom wuroouuuu uuum uuum uum nn m 429-86251 <br /> Poo <br /> To: Mayor and City Council Members <br /> Rraaami: 1 m°usce De,J(.:aa::n, , 1!'ol:iia,amuax it l:ra,ndan:r <br /> E. c�a �kms ;a,wmn urn ac.:miin IC'0',� raa.� ft):r Elected a�awnal :Ilf�: auintc Hyl nciii quills <br /> .Prior to the meeting o n:l eb raa.aary 27, 2019, 1 waas asked the cost to cover elected an.d appointed officials for <br /> workers compensation. I gave information fi:m s less than specific format.regarding the cost to Cover the <br /> E°.unau: .ue:l e elan .mnt. uathority(EDA)members under the City's Leaa une of Mirmesotatibias Insurance <br /> ee <br /> Trust(:lana") coverage tuna`city employees. .1 aranuld like to adla ":l-y and come,, as:t°e :assuues to allow the City <br /> Council to take appropriate action on this item. <br /> 1 looked at our initialqui-ote and saw as:D ure of$18,200 of covered panyrol:li faun"elected and d aapauirnted officials <br /> with a prernium cost of$89. [kr-Lew that was below the payroll -for i st the city councilmembers, sol <br /> e: traalaaulaated as figure %higher to cover all the boards and.city a oumrncil mernb rs at$27,000 aufcovered <br /> aayroll,, l estimated aated thea mast at about 130( 150%) for s;li:l:rmn . ers'trn be covered. <br /> I have since reached out to our contact, Jaima as:l e, at glue LM '°IT asking by the amount of covered ayroll <br /> waslower than-the amount l bad submitted on our:renewal application. The:res onse was, "The a nauuant is at <br /> 18,200 because that is'tine flat payroll amount the League 6hargesall L.MCI "nn r bars who elect cco en° ., e:lau:r <br /> elected and as au° tilofficials." Thatmeans that anent only are charged less than the l'u.:,al:l payroll amount o <br /> our city councilmenibers, we are also allowed to cover additional board and commission mernbersforfree. <br /> The actual cost of coverage, if 1 follow the lobne aaftlne billing statement pn°aulner:ly, :is a.„ follows: <br /> Base coverage cost <br /> x_.84--Multiplied exp erience modification <br /> $75 Net premium cost <br /> —_- Prokortional share of premium discount <br /> 70 Final cost <br /> At as fnnnal cost of$70 to cover all elected and appointed ted officials tapir year, :it wouldnot make fi na .cial sense to <br /> deny this coverape„ <br /> Attachments:ents° :Resolution <br /> Notice of:p:re- ii... Options <br />
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