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� <br />EN HILLS <br />MEMORANDUM <br />DATE: January 9, 2012 <br />TO: Honorable Mayor and City Council Members <br />Patrick Klaers, City Administrator <br />FROM: Sue Iverson, Director of Finance and Administrative Services <br />SUBJECT: Resolution 2012-003: Resolution Accepting the Liability Coverage Limits <br />from the League of Minnesota Cities Insurance Trust (LMCIT) for 2012 <br />Back�round <br />�ach year the City Council is required to decide whether or not to waive the statutory tort <br />liability limits to the extent of the coverage purchased. In past history, the City has not <br />waived the monetary limits on municipal tort liability established by Minnesota Statutes <br />466.04. (This would mean that the City accepts liability coverage limits of $2,500,000.) <br />Council Action <br />A motion to approve Resolution 2012-003, regarding no-waiver of the statutory liability <br />limits and accepting the liability coverage limits from the League of Minnesota Cities <br />Insurance Trust (LMCIT) for 2012. <br />City Council Meeting <br />P:�Admin\Council�Agendas & Packet Information�2012\01-09-12 Reg Mtg�Packet <br />Information�2,012 Liability_Coverage_Limits.doc <br />Page 1 of 1 <br />