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177 <br /> <br />? <br />? <br />M <br />Q <br />z <br />?i <br /> <br /> <br />Regular Council Meeting <br />6/20/94 <br />Page Seventeen <br />ROLL CALL: AYES: All <br />NAYS: None Motion Carried <br />Expenditure Authorized <br />• Umbrella Coverage - Motion to Q12rove an ex?enditure of $7,470 to Continental <br />Insurance Com?an,y for renewal of the Umbrella coverage 12olicy. <br />Mr. Fixler, seconded by Mr. Busa, made a motion to approve an expenditure of $7,470 <br />Continental Insurance Company for renewal of the Umbrella coverage policy. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Motion Carried <br />Expenditure Authorized <br />• Police Liability Insurance - Motion to approve an e=enditure of $11,420 to <br />Continental Insurance Company for renewal of the 12olice liability insurance. <br />Mr. Fixler, seconded by Mr. Busa, made a motion to approve an expenditure of $11,420 <br />to Continental Insurance Company for renewal of the police liability insurance. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Motion Carried <br />Expenditure Authorized <br />Exbanded and amended coveraze--recommended (as listed below <br />$5 million umbrella $7,600 <br />$100,000 Accounts Receivables 37 <br />$250,000 Employee Dishonesty 1,200 <br />100 / 100 / 100 Extra Expense 412 <br />A motion to approve an exl2enditure in the amount of $8,339 to Continental Insurance <br />for the above-mentioned insurance coverages. <br />Mr. Brett said this does not add up to $8,339 because we are amending the coverage on <br />valuable papers which will result in a corresponding reduction of $410 which explains <br />the difference. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Motion Carried