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Reso 2010-1602
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Reso 2010-1602
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Last modified
9/28/2010 2:49:06 PM
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9/28/2010 2:49:06 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2010-1602
Date (mm/dd/yyyy)
09/16/2010
Description
PGIT: Property, Casualty, Auto & Workers Comp Insurance Coverage
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<br />Priscilla Walker <br />September 7, 2010 <br />Page 3 <br /> <br />The cost to increase PGIT's coverage limits for Public Officials and Employment Practices Liability from <br />$3,000,000 to $5,000,000 and lower the deductible from $5,000 to $2,500 per event would be $2,114 if <br />the City decides to make that change. We are not familiar with the City's loss history but if the City <br />experiences just one Public Officials and Employment Practices claim a year, greater than $5,000, the <br />change would pay for itself. <br /> <br />/yl <br />
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