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RESOLUTION NO <br />07-110 <br />City of New Brighton <br />County of Ramsey <br />State of Minnesota <br />OLUTION MAKING AN ELECTION NOT TO WAIVE THE STATUTORY <br />TORT LIMITS FOR LIABILITY INSURANCE PURPOSES <br />Minnesota Statutes Chapter 466 deals with tort liability for cities; and <br />Wh*as, Minnesota Statutes 466.04 currently sets the maximum liability limits for cities at <br />$30q,000 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 />Wh?? as, the LMCIT has asked the City to make an election by resolution with regards to <br />wai jig or not waiving its tort liability established by Minnesota Statutes 466.04; and <br />No Therefore Be It Resolved that: the City of New Brighton does hereby elect not to waive <br />thejt?tutory tort liability limit established by Minnesota Statutes 466.04 <br />Adopted this 9th day of October, 2007. <br />4tw ,aAknn <br />Steve Larson, Mayor A <br />Dean R. Lotter, <br />Daniel A. Maiers, Director of Finance