HomeMy WebLinkAbout#6 cc 3.15.16 2015 LMIT Waiver form
MAYOR & COUNCIL COMMUNICATION
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DATE: March 15, 2016
CONSENT
ITEM #6 MOTION
AGENDA ITEM: Annual League of MN Cities Insurance Trust Waiver Form
SUBMITTED BY: Cathy Bendel, Finance Director
THROUGH: Cathy Bendel, Finance Director
REVIEWED BY: Rusty Zignego, City Insurance Agent
SUGGESTED ORDER OF BUSINESS:
- Introduction of Item .............................................................. City Administrator
- Report/Presentation…………………………………………City Administrator
- Questions from Council to Staff ............................................. Mayor Facilitates
- Call for Motion ............................................................... Mayor & City Council
- Discussion ....................................................................... Mayor & City Council
- Action on Motion .................................................................... Mayor Facilitates
POLICY RECOMMENDER: Finance
FISCAL IMPACT: None
SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council
is asked to approve the attached annual liability coverage waiver from. The form has been
completed based on a recommendation by our insurance agent and the League of MN Cities Insurance Trust. No specific motion is needed as this is recommended to be part of the Consent Agenda.
LEGISLATIVE HISTORY: NA
City Council Meeting [Consent Agenda Item #6]
March 15, 2016
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BACKGROUND INFORMATION/STAFF REPORT: The City is required on an annual basis to specifically state if they want to waive the monetary limits on municipal tort liability established by Minnesota State Statutes. It is recommended that the City NOT waive the
monetary limits as notes on the attached form.
RECOMMENDATION: Based on the aforementioned, the staff recommends the City Council approve as part of the Consent Agenda the annual League of MN Cities Insurance Trust Waiver Form.
ATTACHMENTS: 1. 2016 League of MN Cities Insurance Trust Waiver Form.