HomeMy WebLinkAboutResolution No. 2012-071 RESOLUTION NO. 2012-71
A RESOLUTION REPEALING RESOLUTION 2009-72
WHEREAS, the City of Columbia Heights adopted Resolution 2009-72 to purchase excess
liability coverage from the League of Minnesota Cities Insurance Trust of$1,000,000 over and
above the level of coverage that would otherwise have been required for the City under Minnesota
Statute 471.981, and to waive the related monetary limits of tort liability provided under
Minnesota Statute 471.981; and
WHEREAS, the City of Columbia Heights judges that this optional insurance coverage is not
currently cost effective at the current annual premium rate of approximately $8,200;
NOW, THEREFORE, BE IT RESOLVED that the City of Columbia Heights repeals Resolution
2010-138, effective June 1, 2012.
Passed this 11th day of June 2012
Offered by: Diehm
Seconded by: Williams
Roll Call: Ayes: Peterson, Williams, Nawrocki, Diehm, Schmitt
Ait
A
/� °--
Mayor's ary L. P erson
Attest:
•atricia Muscovitz, MC City;lerk