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HomeMy WebLinkAboutResolution 5103 � °� - o �, o • � CITY of ORONO � - : � ti � ti RESOLUTION OF THE CITY COUNCiL ��`�k'ESfI�g'�G NO. PJ � � � . 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 Insur- ance Trust has asked the City to make an election with regards to waiving or not waivi.ng its tort liability established by Minnesota Statutes 466.04 ; and � WHEREAS,the choices available are as follows:to not waive the statutory tort li.mit, 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 January 12, 2004. ATT'EST: ��.� �.��- .__-- Lin Vee, City Clerk Barbara A. Peterson,Mayor WordPerfect�Raolutions\Tort Ins NonWaiver Ra2004.wpd ' . •