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<br />. <br /> <br />. <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br /> <br />MEMORANDUM <br /> <br />DATE: <br /> <br />December 6, 2000 <br /> <br />TO: <br /> <br />Mayor and City Council <br /> <br />Terrance R. Post, City Accountant @ <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />Mnnicipal Excess Liability Insnrance Coverage <br /> <br />Backl!:round <br />Staff has been working with T.e. Field & Company on its 2000 liability insurance policy <br />renewal. One ofthe items the City Council must take action on annually is a determination on its <br />Excess Liability coverage. <br /> <br />For 2001, the statutory municipal tort liability limit is $300,000 per claimant, with $1,000,000 <br />per occurrence. The City has most recently elected not to waive the monetary limits on tort <br />liability. <br /> <br />Recommendation <br />Staff recommends tlle 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 />