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HomeMy WebLinkAboutResolution 7692 RESOLUTION NO. 7692 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA ELECTING TO RETAIN THE STATUTORY TORT LIMIT ON LIABILITY FOR THE 2011 INSURANCE POLICIES WHEREAS, the City of Mounds View is currently making application for insurance policies to cover the period of January 1, 2011 through December 31, 2011; and WHEREAS, Minnesota Statute 466.04 requires that the City Council elect to not waive the monetary limits on municipal tort liability prior to the effective date of the coverage; and WHEREAS, Waiving the statutory tort limit on liability claims is not in the best interest of the City of Mounds View. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Mounds View, that the statutory tort limit on municipal tort liability is not waived. Adopted this 25 day of October 2010. 06 e- 5 9� e Fla ayor ATTEST: Jim Ericson, City Administrator (SEAL)