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HomeMy WebLinkAbout17-117 - ADMIN Resolution - City Council - 2017/07/17RESOLUTION NO. 17-117 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 hnot to waive the statutory tort liability limit established by Minnesota Statute 466.04 and that �lection is effective until amended by further resolution of the St. Louis Park City Council. by the City Council July 17, 2017 City Manager Attest: M lis a Kenn dy,Ci y Clerk