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CCP 12-14-1998
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CCP 12-14-1998
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<br /> , <br /> . <br /> e CITY OF ARDEN IDLLS <br /> MEMORANDUM <br /> DATE: December 9, 1998 <br /> TO: "',o<..d Co, C..ncil lfV <br /> FROM: Brian Fritsinger, City Administrato <br /> SUBJECT: Municipal Excess Liability Insurance Covera2e <br /> Background <br /> Staff has been working with T.C. Field & Company on its 1999 insurance policy renewal. One <br /> of the items the City Council must take action on annually is a determination on its Excess <br /> Liability coverage. <br /> Effective January 1, 1998, the statutory municipal tort liability limit is $300,000 per claimant, <br /> $750,000 per occurrence. The City has most recently elected not to waive the monetary limits on <br /> tort liability. <br /> e Recommendation <br /> Staff recommends the City Council adopt a motion electing not to waive the monetary limits on <br /> tort liability established by Minnesota Statutes in the area of Excess Liability coverage. <br /> BF/sls <br /> e <br />
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