HomeMy WebLinkAbout00-130RESOLUTION 00-130
RESOLUTION ELECTING THE NON WAIVER OF STATUTORY
MUNICIPAL TORT LIABILITY LIMITS AND DECLINING
EXCESS LIABILITY INSURANCE COVERAGE
MOTION BY: PETERSEN
SECOND BY: GUNDLACH
WHEREAS,
The City of Prior Lake has the option of waiving the monetary limits on municipal
tort liability by Minnesota Statutes 466.04; and
WHEREAS,
The League of Minnesota Cities Insurance Trust offers the additional insurance
coverage of excess liability insurance; and
WHEREAS,
The Prior Lake City Council has evaluated the benefits of these optional insurance
coverages in addition to their cost impacts; and
WHEREAS, The City of Prior Lake has exhibited historically relatively low claims experience.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the
City of Prior Lake hereby exercises the following elections with respect to the available LMCIT
insurance options:
X
The City of Prior Lake DOES NOT WAIVE the monetary limits on municipal
tort liability established by Minnesota Statutes 466.04.
X The City of Prior Lake declines excess liability coverage.
Passed and adopted this 18th day of December, 2000.
YES
Mader X Mader
Ericson X Ericson
Gundlach X Gundlach
Petersen X Petersen
Zieska X Zieska
{Seal}
NO
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
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