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HomeMy WebLinkAbout15-119 - ADMIN Resolution - City Council - 2015/09/08RESOLUTION NO. 15-119 RESOLUTION ELECTING NOT TO 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 regard to waiving or not waiving its tort liability established by Minnesota Statute 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 _additional insurance coverage; - - 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 Statute 466.04 and,that such election is effective until amended by further resolution of the St. Louis Park City Counci Revie - d i. r Administration: A the City Council September 8, 2015 City Attest: Mayo