Laserfiche WebLink
CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 24-030 <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 2024 through 2025; 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, 2024 <br />to May 31, 2025. <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, 2024 to May 31, 2025. <br />Adopted this 23`d day of April, 2024. <br />.4,j cti-e-!/ems, <br />Wendy Webster, Mayor <br />ATTEST: <br />City Clerk <br />Review for Administration: <br />Charlie Yunker, City Manager <br />