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4� <br />October 18, 19891 <br />S <br />To. Steve Sarkozy <br />CJ-ty Manager <br />From.* Ed Burrell <br />F i"nance Dli" reictor <br />Rez insurance Clause in Capitol VjLev Agreement <br />we have reviewed the a,boviel, referenced clause w.L*th our insurance <br />I M1 t 0 <br />,carrie a <br />r nd they have as s <br />sured u i, is a standard clause. In <br />0 <br />diosicussing the various 'implications, they pointed out, there 013 <br />no other reasonable way to reduce our exposure given our 3*.ntended <br />use of' the facility and they would not see any exceptJonal expo- <br />sure not normally associated with a school, facility,, <br />It our, recommendatio, based on our consultat ion with the insur- <br />zn,cle carrierf that the clausle be lef't as is shown in the proposed <br />lease agreement . <br />Attachment <br />0 <br />cc . Bierschei d <br />