07/13/1998 Council Minutes (2) - Laserfiche WebLink

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• • COUNCIL MINUTES JULY 13, 1998 and everything must be removed. Mr. Jackson asked Council for authorization to act on the October 13, 1997, order to remove the structure. Council Member Bergeson moved to authorize the Building Department to enforce the order to removed the home as approved at the October 13, 1997, Council meeting. Council Member Neal seconded the motion. Motion carried unanimously. FINANCE DEPARTMENT REPORT, MARY VASKE Consideration of the 1997 Audit, Rob Tautges - Mr. Tautges stated that the Council Members had previously received reports regarding the 1997 audit and management report. He asked Council to accept the 1997 Audit as presented. Mayor Sullivan noted that the Council also received a verbal report regarding the audit at the City Council work session. Council Member Neal asked if the audit is prepared from verified or unverified reports. Mr. Tautges explained that the audit is prepared from unverified reports. The procedures used are well thought out and established by government agencies. Council Member Neal stated that the report should indicate it is prepared by unverified reports. Mr. Tautges read from the report which indicates the results are the opinion of HLB Tautges, Redpath, Inc. Mayor Sullivan noted that the report was reviewed by Council at the City Council work session. At the next work session Council will discuss way of implementing the findings of the audit and management reports. Council Member Neal moved to accept the 1997 Audit, as presented. Council Member Dahl seconded the motion. Motion carried unanimously. Consideration of Monetary Limits on Tort Liability per Minnesota Statutes #466.04 - Ms. Vaske explained that each year the City has the option of waving it's monetary limits on tort liability to the extent of the coverage purchased. The decision to waive or not to waive the statutory limits has the following effects: If the City does not waive the statutory tort limits, and individual claimant would be able to recover no more than $300,000 on any claim to which the statutory tort limits apply. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would be limited to $750,000. These statutory tort limits would apply regardless of whether or not the City purchases the optional excess liability coverage. If the City does waive the statutory tort limits and does not purchase excess liability coverage, a • single claimant could potentially recover up to $750,000 on a single occurrence. The total which