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HomeMy WebLinkAboutResolution No. 2002-41 RESOLUTION NO. 2002-41 BEING A RESOLUTION WAIVING THE STATUTORY TORT LIABILITY LIMITS WHEREAS, the City of Columbia Heights is a Minnesota political subdivision desiring to self- insure its property and liability risks through participation in a joint powers arrangement known as the League of Minnesota Cities Insurance Trust (LMCIT); and WHEREAS, Minnesota Statute Section 471.981 permits a city to extend the coverage of its self insurance to afford protection in excess of any limitations on liability established by law; and WHEREAS, Minnesota Statute Section 471.981 provides that unless expressly provided in the ordinance or resolution extending the coverage, the statutory limitations on liability shall not be deemed to have been waived. NOW, THEREFORE, BE IT RESOLVED that the Columbia Heights City Council does hereby accept liability coverage limits of $1,000,000 from the League of Minnesota Cities Insurance Trust and the City waives the monetary limits of tort liability established by Minnesota Statute Section 466.04, to the extend of the limits of the liability coverage obtained from LMCIT. Passed this 28th day of May 2002. Offered by: Seconded by: Roll Call: {P~tricia Muscovitz, Deputy Cil~ Clerk Nawrocki Wyckoff Ayes: Peterson, Szurek, Wyckoff, Williams, Nawrocki. Nays: none