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<br /> LEAGUE OF MINNESOTA CITIES INSURANCE TRUST <br /> LIABILITY COVERAGE - WAIVER FORM <br />. Cities obtaining liability coverage from the League of Minnesota Cities Insurance Trust must decide <br /> whether or not to waive the statutory tort liability limits to the extent of the coverage purchased. The <br /> decision to waive or not to waive the statutory limits has the following effects: <br /> If the city does not waive the statutory tort limits, an individual claimant would be able to recover no <br /> more than $300,000.on any claim to which the statutory tort limits apply. The total which all claimants <br /> would be able to recover for a single occurrence to which the statutory tort limits apply would be <br /> limited to $1,000,000. These statutory tort limits would apply regardless of whether or not the city <br /> purchases the optional excess liability coverage. <br /> If the city waives the statutory tort limits and does not purchase excess liability coverage, a single <br /> claimant could potentially recover up to $1,000,000. on a single occurrence. The total which all <br /> claimants would be able to recover for a single occurrence to which the statutory tort limits apply would <br /> also be limited to $1,000,000., regardless of the number of claimants. <br /> If the city waives the statutory tort limits and purchases excess liability coverage, a single claimant <br /> could potentially recover an amount up to the limit of the coverage purchased. The total which all <br /> claimants would be able to recover for a single occurrence to which the statutory tort limits apply would <br /> also be limited to the amount of coverage purchased, regardless of the number of claimants. <br /> Claims to which the statutory municipal tort limits do not apply are not affected by this decision. <br /> This decision must be made by the city council. Cities purchasing coverage must complete and <br /> return this form to LMCIT before the effective date of the coverage. For further information, contact <br /> LMCIT. You may also wish to discuss these issues with your city attorney. <br />. City of Arden Hills accepts liability coverage limits of $ .;{Jt/dtJ; iJtJ() from the <br /> League of Minnesota Cities Insurance Trust (LMCIT). ' , <br /> Check one: <br /> 1a The city DOES NOT WAIVE the monetary limits on municipal tort liability established by <br /> Minnesota Statutes 466.04. <br /> 0 The city WAIVES the monetary limits on tort liability established by Minnesota Statutes 466.04, <br /> to the extent of the limits of the liability coverage obtained from LMCIT. <br /> Date of city council meeting <br /> Signature/Date Position <br /> Return this completed form to LMCIT, 145 University Ave. w., St. paut MN. 55103-2044 <br />. <br /> LMCIT (11/00)(Rcv. 11/(3) Page I of I <br />