06/22/1994 Council Minutes - Laserfiche WebLink

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236 COUNCIL WORK SESSION CITY OF LINO LAKES COUNCIL MINUTES JUNE 22, 1994 DATE... ..:: June 22;, 19194 TIME STARTED 3•.0:0 P.M. MEMBERS_. PRESENT Reinert;, Neal .Kuether,:Elliott ...................................................................................................................................................................................... M EMBERS': ABSENT ,...Bergeson Staff members present: City Engineer, Darrell Schneider; City Accountant; Paula Schloer; City Administrator, Randy Schumacher and Clerk -Treasurer Marilyn Anderson. IMMUNITY WAIVER AND EXCESS LIABILITY COVERAGE Mr. Schumacher explained that at the last City Council meeting, questions were asked about the excess liability coverage and the costs. Mr. Bob Kelly from Kelly Insurance Agency explained the current liability coverage. He noted that there are areas not covered in the liability insurance and the umbrella coverage of $1,000,000.00 is designed to fill those areas. Mr. Kelly also noted that although the courts have upheld the current ceiling of 666,A0o , there may be a day when this statute is no longer valid. Council Member Kuether asked if the City could purchase the umbrella coverage of $1,000,000.00 and not the excess liability coverage of $600,000.00. Mr. Kelly said that this was not possible. The excess liability coverage of $600,000.00 is the primary coverage. It was noted that the City is currently paying approximately $60,000.00 per year for both liability policies. Mr. Kelly was asked to quote additional liability coverage. This material will be brought to the next Council Work Session. COVERAGE FOR VOLUNTEERS Mr. Schumacher noted that as the City grows, more and more volunteers are being utilized. They technically are not employees and currently there is no insurance coverage for them. Mr. Schumacher said the issue here is should the City continue PAGE 1 1 1 1