HomeMy WebLinkAboutResolution 26-032 - Approving Renewal of Municipal Insurance Coverage and the Non-Waiver of Tort Liability Limits for the League of Minnesota Cities Insurance ProgramCITY OF SAINT ANTHONY VILLAGE
RESOLUTION 26-032
A RESOLUTION APPROVING RENEWAL OF MUNICIPAL INSURANCE
COVERAGE AND THE NON -WAIVER OF TORT LIABILITY LIMITS FOR THE
LEAGUE OF MINNESOTA CITIES INSURANCE PROGRAM
WHEREAS, the City Council of the City of Saint Anthony hereby approves participation in the
League of Minnesota Cities Insurance Trust (LMCIT) insurance program for the
year 2026 through 2027; and
WHEREAS, the City has elected to purchase excess coverage in the amount of $1,000,000 and
is required to purchase $2,000,000 of underlying Liquor Liability coverage; and
WHEREAS, the City DOES NOT WAIVE the monetary limits on municipal tort liability
established by Minnesota Statutes, Section 466.04.
NOW THEREFORE BE IT RESOLVED that the City Council of City of Saint Anthony
Village, Minnesota approves the renewal of insurance coverage through the League of
Minnesota Cities for the policy period of June 1, 2026 to May 31, 2027.
BE IT FURTHER RESOLVED that the City Council of the City of St. Anthony hereby does
not waive the monetary limits on tort liability established by MN statute 466.04, Subd. 7, to the
extent of the limits of the liability coverage obtained from the LMCIT for the policy period of
June 1, 2026 to May 31, 2027.
Approved this 28th day of April, 2026.
ATTEST: v
Nicole DeDeyn, City Jerk
Review for Administration:
Wendy W ster, Mayor
Charlie Yunker, City Manager