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R2016-110 AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION
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R2016-110 AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION
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9/26/2016 10:50:27 AM
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9/26/2016 10:50:01 AM
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Resolution/Ordinance
Res Ord Num
R2016-110
Res Ord Title
AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION FOR THE CITY OF DECATUR, ILLINOIS FOR THE POLICY PERIOD OCTOBER 1, 2016 TO OCTOBER 1, 2017
Approved Date
9/19/2016
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City Of Decatur <br /> Program Details (C�>nt.) <br /> Other Significant Terms and Conditions/Restrictions: <br /> . - - • <br /> Total Package Premium,Surplus Lines Tax Rate, Surplus Lines Stamping Fee Rate and Fire Marshal Tax applies <br /> for Property, General Liability Including Automobile and Law Enforcement Liability, Employee Benefits Liability and <br /> Errors and Omissions coverages. <br /> Premium $251,124.00 <br /> Taxes <br /> Surplus Lines Tax Rate(3.500) $8,789.00 <br /> Fire Marshal Tax $1,004.00 <br /> Total Taxes $9,793.00 <br /> Fees <br /> Surplus Lines Stamping Fee Rate $502.00 <br /> (0.200) <br /> Total Fees $502.00 <br /> ESTIMATED PROGRAM COST $261,419.00 <br /> Minimum Premium- 100.00% <br /> TRIA/TRIPRA PREMIUM $1,938.00 <br /> (+Additional Surcharges, Taxes and Fees as applicable) <br /> Arthur).Gallagher Risk Management Services,Inc. II <br /> 17 I <br />
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