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ADMINISTRATIVE MEMORANDUM <br /> #89-59 <br />, A ril 11 1989 <br /> P . <br /> TO: John W. Couter, Corporation Counsel <br /> ; <br /> FROM: Daniel R. Sommerfeldt, Assistant City Manager .`�� <br /> , <br /> RE: Insurance Requirements for Licensees <br /> Attached is a request from Jerry Bauer to revise the <br /> insurance requirements for various licenseeso This is in keeping <br /> with the change in the Insurance Services Office general <br /> liability form, an industry standarcl. <br /> It should be noted that this change reduces our insurance <br /> protection in the event of a large coanbined bodily <br /> injury/personal injury claim. It is Jerry' s opinion, however, <br /> that the slight probability of this occurrence is outweighed by <br /> the increased costs to our licensees. This cost is obviousl <br /> Y <br /> passed on to the City in higher bids as well as the possibility <br /> of fewer bidders. <br /> Please review the proposed changes with Jerry and if the <br /> changes meet with your approval, prepare the appropriate <br /> ordinances for amendin the Cit Code. <br /> g Y <br /> Thank you. <br /> Attachment � <br /> cc: Jerry Bauer <br /> William Sands <br /> Phyllis Sands <br />