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HomeMy WebLinkAbout08-005 - ADMIN Resolution - City Council - 2008/01/22RESOLUTION NO. 08-005 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 to not waive the statutory tort liability limit established by Minnesota Statutes 466.04 and that su election is effective until amended by further resolution of the St. Louis Park City Council. Re ' - v. -e • ifor Administration: City Man g -r Adopte the City Council January 22, 2008 Attest: City erk 7 Mayor