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HomeMy WebLinkAboutResolution 4954 . � °� . 0 0 • '� g . CITY of ORONO � � --�.;-. � ti �',� G'�' RESOLUTION OF THE CITY COUNCIL ��kES804� NO. � � 3 � A RESOLUTION MAHING 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 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 April 14, 2003. ATTEST: . lJ-2� Lin Vee, City Clerk Barbara A. Peterson,Mayor W P\VIN60\WP DOCS\TOM�InsRes2003.wpd •