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HomeMy WebLinkAbout1990.04.02 RESO 1990-0009RESOLUTION 1990-9 RESOLUTION OBTAINING EXCESS LIABILITY INSURANCE COVERAGE WHEREAS, The City of Hugo desires to obtain excess liability insurance coverage from the League of Minnesota Cities Insurance Trust in the amount of $1 million, and WHEREAS, Cities obtaining said coverage must decide whether or not to waive the statutory liability limits to the extent of the excess coverage purchased, and WHEREAS, This decision must be made by resolution of the City Council; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA: That the City of Hugo accepts excess liability coverage limits of $1 million from the League of Minnesota Cities Insurance Trust. BE IT FURTHER RESOLVED, That the City of Hugo does not waive the monetary limits on tort liability established by Minnesota Statutes 466.04 in accepting said excess coverage. Upon roll call, the following members voted AYE: McAllister, Jesinksi, Olson, Vail and Atkinson Voting NAY: None Whereupon said resolution was declared passed and adopted this 2nd day of April, 1990. ----------- ee tki on, Mayor ATTEST: Mary n Creager, C' Clerk