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RESOLUTION NO <br />07-107 <br />City of New Brighton <br />County of Ramsey <br />State of Minnesota <br />UTION MAKING AN ELECTION NOT TO WAIVE THE STATUTORY <br />TORT LIMITS FOR LIABILITY INSURANCE PURPOSES <br />$300 <br />(LM <br />wai <br />Now <br />the si <br />Minnesota Statutes Chapter 466 deals with tort liability for cities; and <br />Minnesota Statutes 466.04 currently sets the maximum liability limits for cities at <br />per claimant and $1,000,000 per occurrence; and <br />the City procures its insurance from the League of Minnesota Cities Insurance Trust <br />and <br />the City's current insurance policies provide coverage up to the tort liability limits as <br />by Minnesota Statutes; and <br />the LMCIT allows the City the option to waive those limits; and <br />, the LMCIT has asked the City to make an election by resolution with regards to <br />or not waiving its tort liability established by Minnesota Statutes 466.04; and <br />ore Be It Resolved that: the City of New Brighton does hereby elect not to waive <br />tort liability limit established by Minnesota Statutes 466.04 <br />this 9th day of October, 2007. <br />+I7?rriek.AF Maters; Director of Finance <br />yTj-L F)2s <br />Steve arson. Mayor