CONSENT AGENDA- Clark Arneson, City Manager
Title
APPROVE PAYMENT OF $50,000 TO THE LEAGUE OF MN CITIES INSURANCE TRUST
..Background
Pursuant to Section 6.05 of the Blaine Charter and MN Statute 61A.092, the Council is asked to approve the payment of $50,000 on a life insurance policy benefit for a deceased former employee. The claim has been reviewed by the City’s insurance carrier, the League of Minnesota Cities Insurance Trust and LMCIT is recommending payment. The recommended funding source is 2018 General Fund contingency reserves.
Recommendation
By motion authorize the payment and the Mayor and City Manager to execute the necessary documents related to the life insurance claim.