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HomeMy WebLinkAboutCC RES 02-048 A RESOLUTION REGARDING WAIVER ON TORT LIABILITY LIMITS FOR LMCIT INSURANCE PROGRAM Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 104643 Box: 31 Folder: RES 2002 8 Document: CC RES 02-048 A RESOLUTION REGARDING WAIVER ON TORT LIABILITY LIMITS FOR LMCIT INSURANCE PROGRAM CITY OF ST ANTHONY RESOLUTION 02-048 A RESOLUTION REGARDING WAIVER ON TORT LIABILITY LIMITS FOR LMCIT INSURANCE PROGRAM WHEREAS, the City Council of the City of St. Anthony approved participation in the League of Minnesota Cities Insurance Trust(LMCIT)insurance program for the year 2002; and WHEREAS: the City has elected to purchase liability coverage in amount of$1,000,000, which is the statutory limits on tort liability as set forth in MN Statues 466.04 NOW,THEREFORE,BE IT RESOLVED,that the City Council of the City of St. Anthony hereby approves the waiving of the monetary limits on tort liability established by MN Stature 466.04 to the extent of the limits of the liability coverage obtained from LMCIT for the policy period from June 1, 2002 to May 31, 2003. • Adopted this-2-L—day of 002 ATTEST: Mayor City Clerk Reviewed for administration: City Manager