01-0397R

RESOLUTION AUTHORIZING EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY (DEDA) RELATING TO PARTICIPATION BY DEDA IN THE CITY OF DULUTH SELF INSURANCE FUND PROGRAM FOR 2001.

BY COUNCILOR NESS:

        RESOLVED, that the proper city officials are hereby authorized to execute a memorandum of understanding with DEDA, substantially in the form of that on file in the office of the city clerk as Public Document No. ______________, which allows DEDA to participate during 2001 in the city's self insurance fund program; funds will be deposited to 0605-036-1656.



STATEMENT OF PURPOSE:  This resolution approves a memorandum of understanding with DEDA which sets forth the terms and conditions of its participation in the city's self insurance fund for general liability coverage during 2001. The charge to DEDA for such liability coverage will be $6,500, which is the same amount as in 2000.