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Agenda - Council - 06/28/1988
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Agenda - Council - 06/28/1988
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/28/1988
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<br />612 227-8405 <br /> <br />T. C. FIELD & COMPANY <br />INSURANCE & BONDS <br />P. O. BOX 64016 <br />SAINT PAUL, MINNESOTA 55164-0016 <br /> <br />iij... <br /> <br />June 7, 1988 <br /> <br />Mr. Noel Graczyk, Finance Officer <br />City of Ramsey <br />15153 Nowthen Boulevard NW <br />Anoka, MN 55303 <br /> <br />Dear Noel: <br /> <br />You received a letter announcing the League of Minnesota <br />Cities Insurance Trust endorsements which just became <br />available: <br /> <br />1. Limited Pollution <br /> <br />2. Inverse Condemnation <br /> <br />We urge you to purchase the pollution coverage. Your cost <br />will be $ 672 per year. This is 3.596 of your municipal <br />general liability premium. For the present policy period <br />you will be charged a pro rata premium until your renewal <br />date. <br /> <br />You should seriously consider purchasing the inverse <br />condemnation coverage depending on your acti vi ties. Your <br />annual premium would be $480 which is 2.5% of your <br />municipal's general liability premium. <br /> <br />We can discuss this after you have read the attached <br />information. Your may wish to discuss this with your city <br />attorney. <br /> <br />YOfiiurs er.y truly, <br /> <br />) ~I <br />\7/' f,if/; <br />Con '~~I 0 son <br />Vice Pres~ nt <br /> <br />CGO:bf:enc. <br /> <br /> <br />"$ <br />l,ndcpcndcot <br />Insurance <br />Agent <br />@ <br /> <br /> <br />f\~EMBER <br /> <br />lIB <br /> <br />".;,O_R, RS;O{lR';~', c. I J <br />Suf\~;Y 130',1) r:>HO::..:~~ ~ <br />
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