Laserfiche WebLink
CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 18 -041 <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 />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 2018 through 2019; and <br />WHEREAS, the City has elected to purchase excess coverage in the amount of $1,000,000.00. <br />WHEREAS, the City DOES NOT WAIVE the monetary limits on municipal tort liability <br />established by Minnesota Statutes, Section 466.04. <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, 2018 <br />to May 31, 2019. <br />THEREFORE, BE IT FURTHER RESOLVED, that the City Council of the City of St. Anthony <br />hereby does not waive the monetary limits on tort liability established by MN statute 466.04, Subd. <br />7, to the extent of the limits of the liability coverage obtained from the LMCIT for the policy period <br />of June 1, 2018 to May 31, 2019. <br />Adopted this 22nd day of May, 2018. <br />Jerome O. Faust, Mayor <br />ATTEST: S G JI& <br />Nicok Miller, City Cler c <br />Review for Administration: %h / <br />Mark Casey, City Manager <br />