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CCR2003266,,- r COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #266-2003 APPROVAL OF CARRIERS FOR CITY'S INSURANCE FOR 2004 BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve insurance coverage for the City of Muskego as follows: PROPERTY INSURANCE ($2,500 Deductible) WORKERS' COMP ($500,000 Policy Limit) State of Wisconsin Insurance Fund (est. premium) Est. Annual Premium $32,421 172,164 League of Wisconsin Municipalities Mutual Ins (LWMMI). LWMMI 57,273 GENERAL LIABILITY ($6,000,000 Policy Limit) POLICE PROFESSIONAL LIABILITY ($6,000,000 Policy Limit) LWMMI 21,831 AUTOMOBILE ($6,000,000 Liability) $500 Deductible-Collision $500 Deductible-Comprehensive (No Collision on Older Vehicles & Heavy Trucks) LWMMI 16,375 20,770 State of Wisconsin Insurance Fund (est. premium) CRIME Employee Dishonesty ($1,000,000 Policy Limitl$10,000 Deductible) Money & Security ($25,000 Policy Limitl$500 Deductible) Forgery ($25,000 Policy Limitl$500 Deductible)) PUBLIC OFFICIALS LIABILITY ($6,000,000 Policy Limit) ($2,500 Deductible per Occurrence) LWMMI 2,403 LWMMI 21,968 NO FAULT SEWER BACKUP LWMMI 11,303 BE IT FURTHER RESOLVED that the Mayor and Clerk-Treasurer are authorized to execute the necessary documents in the name of the City. DATED THIS DAY OF DECEMBER, 2003 9th SPONSORED BY: FINANCE COMMITTEE Ald. Rick Petfalski Ald. Nancy C. Salentine Ald. Eric Schroeder - This is to certify that this is a true and accurate copy of Resolution #266-2003 which was adopted by the Common Council of the City of Muskego. 11/03 ~!5}ýl~