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HomeMy WebLinkAboutResolution 7048 CITY OF ORONO RESOLUTION OF THE CITY COUNCIL FS NO. 7 0 4 8 H��� A RESOLUTION MAKING A SELECTION NOT TO WAIVE THE STATUTORY TORT LIMITS FOR LIABILITY INSURANCE PURPOSES WHEREAS,pursuant to previous action taken,the League of Minnesota Cities Insurance Trust has asked the City to make an election with regards to waiving or not waiving its tort liability established by Minnesota Statutes 466.04; and WHEREAS,the choices available are as follows: to not waive the statutory tort limit,to waive the limit but to keep insurance coverage at the statutory limit, and to waive the limit and to add insurance to a new level. NOW, THEREFORE,BE IT RESOLVED that the Orono City Council does hereby elect not to waive the statutory tort liability limit established by Minnesota Statutes 466.04. Adopted by the City Council of the City of Orono, Minnesota, at a regular meeting held November 25, 2019. ATTEST: nna Carlson, City Clerk Dennis Walsh, Mayor