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Joint Development Authority Wk <br />'-iIVEN HILLS TCAAP Redevelopment Project RAMSEY <br />COUNTY <br />AGENDA ITEM 8A <br />Iif, Ia AlIQft-1â–ºBill A, <br />DATE: January 4, 2021 <br />TO: Joint Development Authority Board of Commissioners <br />FROM: Director Perrault <br />SUBJECT: League of Minnesota Cities Insurance Trust - Liability Coverage Waiver Form <br />Requested Action: <br />Authorizing the execution of League of Minnesota Cities Insurance Trust (LMCIT) Liability Coverage <br />Waiver Form, by not waiving statutory tort limits. <br />Background: <br />The Joint Development Authority (JDA) obtains liability coverage from the League of Minnesota <br />Cities Insurance Trust (LMCIT). Each year, the JDA must decide whether to waive the statutory tort <br />liability limits to the extent of the coverage purchased. The decision must be made by the JDA <br />each year. The JDA has not chosen to waive monetary limits on municipal tort liability in previous <br />years. <br />This item is a carryover from the February 4, 2019 JDA meeting, but still needs to be done for <br />2021. <br />Attachment A. Minnesota Cities Insurance Trust (LMCIT) Liability Coverage Waiver Form. <br />