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515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(651) 766 -4029 / FAX: (651) 766 -4048 <br />WWW.ci.littte- canada.inn.us <br />MEMORANDUM <br />TO: Mayor Fahey and 'Members of the City Council <br />FROM: Joel R..Hanson, City Administrator <br />DATE: November 18, 2004 <br />RE: LMCTT Liability Coverage— Waiver Form <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Jim LaValle <br />Matt Anderson <br />Rick Montour <br />13111 Blesener <br />ADMINISTRATOR <br />Joel R. Hanson <br />The Council must decide if it wishes to continue to not waive the City's statutory tort <br />limits for liability coverage. By not waiving our statutory tort limits, we are telling the <br />League of Minnesota Cities Insurance Trust that any claims where statutory limits of <br />liability apply will be governed by those limits, i.e. $300,000 per person and $1 million <br />per occurrence. 111 cases where the statutory limits do not apply, we have $7 million of' <br />liability coverage. <br />Staff would recommend continuing our practice of not waiving our statutory tort limits. <br />1 <br />