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• CITY OF ST. ANTHONY VILLAGE <br /> RESOLUTION 09-059 <br /> A RESOLUTION REGARDING RENEWAL OF MUNICIPAL INSURANCE COVERAGE <br /> AND THE WAIVER OF TORT LIABILITY LIMITS FOR THE LEAGUE OF MINNESOTA <br /> CITIES INSURANCE PROGRAM. <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 2009/2010; and <br /> WHEREAS, Effective July 1, 2009, the City has elected to purchase liability coverage in the <br /> amount of$1,500,000.00 per occurrence, as set forth in the MN Statutes 466.04. <br /> BE IT RESOLVED, that the City Council of the City of St. Anthony hereby approves the <br /> renewal of insurance coverage through the League of Minnesota Cities at a total cost of <br /> $208,592.00 for the policy period of June 1, 2009 to May 31, 2010. <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 <br /> 466.04 to the extent of the limits of the liability coverage obtained from the LMCIT for the <br /> policy period of June 1, 2009 to May 31, 2010. <br /> Adopted this 23a day of June, 2009. <br /> 4ayor <br /> ATTEST: 4&wk�6�' <br /> City Clerk <br /> i% <br /> Review for Administration: ' <br /> ity Mantiger <br />