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<br />CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br /> <br />RESOLUTION 15-037 <br /> <br />A RESOLUTION REGARDING RENEWAL OF MUNICIPAL INSURANCE COVERAGE <br />AND THE NON WAIVER OF TORT LIABILITY LIMITS FOR THE LEAGUE OF <br />MINNESOTA CITIES INSURANCE PROGRAM. <br /> <br /> <br />WHEREAS, the City Council of the City of St. Anthony hereby approves participation in the <br />League of Minnesota Cities Insurance Trust (LMCIT) insurance program for the <br />year 2015 through 2016; and <br /> <br />WHEREAS, the City has elected to purchase excess coverage in the amount of $1,000,000.00. <br /> <br />WHEREAS, the City DOES NOT WAIVE the monetary limits on municipal tort liability <br />established by Minnesota Statutes, Section 466.04. <br /> <br /> <br />BE IT RESOLVED, that the City Council of the City of St. Anthony hereby approves the renewal <br />of insurance coverage through the League of Minnesota Cities for the policy period of June 1, 2015 <br />to May 31, 2016. <br /> <br /> <br />THEREFORE, BE IT FURTHER RESOLVED, that the City Council of the City of St. Anthony <br />hereby approves waiving of the monetary limits on tort liability established by MN statute 466.04, <br />Subd. 7, to the extent of the limits of the liability coverage obtained from the LMCIT for the policy <br />period of June 1, 2015 to May 31, 2016. <br /> <br /> <br />Adopted this 26th day of May, 2015. <br /> <br /> <br /> <br /> _________________________________________ <br /> Jerome O. Faust, Mayor <br /> <br /> <br />ATTEST: ____________________________ <br /> Nicole Miller, City Clerk <br /> <br /> <br /> Review for Administration: _________________________________________ <br /> Mark Casey, City Manager <br />13