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Case <br /> <br /> AGENT OF RECORD BIDS <br />By: Sandra Ashley Helling, Finance Officer <br />and <br /> Kay McAIoney, Personnel Coordinator <br /> <br />Background: <br /> <br />On December 14, 1991 the current Insurance Service Agreement with Agent of Record <br />Michael Hadtrath and the City of Ramsey will expire. The upcoming term of service <br />would begin December 15, 1991 and continue and remain in effect for a period of three <br />years, unless it is terminated prior to December 14, 1994 by either party giving the <br />other ninety days prior written notice of termination. <br /> <br />The City of Ramsey agrees to engage the services of the Agent of Record as: Insurance <br />Servicing Agent of Record with respect to all Insurance of the City within the scope of <br />Professional Liability, Fire Workers' Compensation, Casualty and Marine Insurance, and <br />Fidelity and Surety Bonds. The Agent of Record shall also act in the dual capacity of Risk <br />Management Advisor and Insurance Agent. <br /> <br />A copy of the contract that expires on December 14, 1991 has been provided for you to <br />review along with a copy of the 'Request for Information' form to solicit bids for the <br />upcoming term. A draft copy of the Advertisement For Bids will be available for you to <br />review at the meeting. <br /> <br />Recommendation: <br />Based on discussion. <br /> <br />Committee Action: <br />Based on discussion. <br /> <br />Review Checklist: <br /> <br />City Administrator <br />Finance Officer <br />Personnel Coordinator <br /> <br />BC:8/27/91 <br /> <br /> <br />