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HomeMy WebLinkAbout05-068 - ADMIN Resolution - City Council - 2005/05/02RESOLUTION NO. 05 - 068 RESOLUTION ELECTING TO NOT WAIVE THE STATUTORY TORT LIMITS FOR LIABILITY INSURANCE WHEREAS, pursuant to previous action taken, the League of Minnesota Cities Insurance Trust has requested the City to make an election with regards to waiving or not waiving its tort liability established by Minnesota Statutes 466.04; and WHEREAS, the choices available are to not waive the statutory limit, to waive the limit but to keep insurance coverage at the statutory limit, or to waive the limit and to add insurance to a new level, NOW, THEREFORE, BE IT RESOLVED that the St. Louis Park City Council does hereby elect not to waive the statutory tort liability limit established by Minnesota Statutes 466.04 and that such election is effective until amended by further resolution of the St Louis Park City Council. Adopted by the City Council of the City of St. Louis Park, Minnesota at a regular meeting held May 2, 2005 R viewe for Administration 4 _.1/M City a ager Attest: Qdopted by the City Council May 2, 2005 4',&?4',&?