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HomeMy WebLinkAbout12-064 LMCIT Insurance Policy Renewals 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 1 2 - 064 A RESOLUTION AUTHORIZING THE 2012 INSURANCE POLICY RENEWAL S Motion By: Hedberg Second By: Soukup WHEREAS, The City of Prior Lake participates in the League of Minnesota Cities Insurance Trust (LMCIT) for the purpose of securing its liability, property, casualty, automobile, employee faithful performance (bond) , open meeting law defense and workers compensation insurance coverage ; and WHEREAS, The insurance renewal period is 02/01/201 2 through 02/01/201 3 ; and WHEREAS, The insurance includes a $10,000/$ 4 0,000/$1,000 deductible amount for liability coverage . NOW THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIO R LAKE, , MINNESOTA as follows : 1. The recitals set forth above are incorporated herein . 2. The City Council hereby approves the 201 2 insurance policy renewal s. PASSED AND ADOPTED THIS 7 th DAY OF MAY , 201 2 . YES NO Myser X Myser Erickson X Erickson Hedberg X Hedberg Keeney X Keeney Soukup X Soukup ______________________________ Frank Boyles, City Manager