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Res 1984-045
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Res 1984-045
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Last modified
8/31/2007 9:11:53 AM
Creation date
8/31/2007 9:11:53 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1984-45
Date
5/21/1984
Volume Book
65
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<br /> 123 <br /> 5 YEAR REFLECTION <br />1975-1979 <br /> 5 YEAR LOS S 5 YEAR PREMIUM KEY RATE GOOD CREDIT LOSS RATIO <br /> $674,385 $1,680,203 .25% .05% 40% <br />1979-1983 <br /> $489,836 $1,924,455 18% 20% 25% <br /> HOW GOOD CREDIT IS FIGURED <br /> LOSS RATIO CREDITS PENALTIES <br />.. Over 75% ---- 15% <br />2. Over 65% to 75%, inclusive ---- 10% <br />3. Over 58% to 65%, inclusive ---- 5% <br />4. From 52% to 58%, inclusive ---- ---- <br />5. Less than 52% to 45%, inclusive 5% ---- <br />6. Less than 45% to 38%, inclusive 10% ---- <br />7. Less than 38% to 31%, inclusive 15% ---- <br />8. Less than 31% to 24%, inclusive 20% ---- <br />9. Less than 24% 25% ---- <br />
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