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The League offers an additional $1,000,000 on the excess <br /> liability policy for an additional $2,512 a year. Total <br /> coverage on the excess policy would be $2,500,000 for an <br /> annual premium of $7,536. This would provide the city <br /> with a total combined limit of $3,500,000 of liability <br /> coverage after July 1St, 2009. <br /> Mark Jurchen will be at Tuesday's Council meeting to <br /> present this item. <br /> Council Action Requested: Council motion to increase <br /> the limit on the Excess Liability Policy to $2,000,000 at an <br /> annual premium of $7536. <br />