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HomeMy WebLinkAboutResolution 4772 ��� �� �� � . � o o - ��e. - CITY of ORONO � � �� G'�' RESOLUTION OF THE CITY COUNCIL ��SHOS�`'�' � NO. � "r "� � 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 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 staiutory 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 March 11, 2002. ' ' ATTEST: � � - in ee, City Clerk Barbaza A. Peterson,Mayor W P W IN601WPDOCS\TOM�InsRa2002.wpd - •