HomeMy WebLinkAbout06-204 -Municipal Tort Liability
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 06-204
RESOLUTION ELECTING THE NON WAIVER OF STATUTORY
MUNICIPAL TORT LIABILITY LIMITS AND DECLINING
EXCESS LIABILITY INSURANCE COVERAGE
Motion By: Dornbush
Second By: LeMair
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:
The City of Prior Lake DOES NOT WAIVE the monetary limits on
municipal tort liability established by Minnesota Statutes 466.04 effective
X for 2007 policy year.
The City of Prior Lake declines excess liability coverage effective for
X 2007 policy year.
PASSED AND ADOPTED THIS 4TH DAY OF DECEMBER, 2006.
Haugen
Dornbush
Erickson
LeMair
Millar
YES
X
X
X
X
X
NO
Haugen
Dornbush
Erickson
LeMair
Millar
~JtL
Frank B~, bity- Manager
www.cityofpriorlake.com
Phone 952.447.4230 / Fax 952.447.4245