HomeMy WebLinkAbout2008-002
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~HILLS
CITY OF ARDEN HILLS
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION No. 2008-002
Accepting the Liability Coverage Lirnits frorn the
League of Minnesota Cities Insurance Trust (LMCIT)
WHEREAS, the City of Arden Hills DOES NOT WAIVE the monetary limits on
municipal tort liability established by Minnesota Statutes 466.04,
THEREFORE, BE IT RESOLVED: The City of Arden Hills accepts liability coverage
limits of two million, two hundred thousand dollars and zero cents ($2,200,000.00) from the
League of Minnesota Cities Insurance Trust (LMCIT) for calendar year 2008.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS
14th DAY OF JANUARY, 2008.
ATTEST:
;U#sI-
Noah A. Sirnon, Deputy Clerk
LEAGUE OF MINNESOTA CITIES INSURANCE TRUST
LIABILITY COVERAGE - WAIVER FORM
Cities obtaining liability coverage from the League of Minnesota Cities Insurance Trust must
decide whether or not to waive the statutory tort liability limits to the extent of the coverage
purchased. The decision to waive or not to waive the statutory tort limits has the following
effects:
. If the city does not waive the statutory tort limits, an individual claimant would be able to
recover no more than $400,000 on any claim to which the statutory tort limits apply. The
total which all claimants would be able to recover for a single occurrence to which the
statutory tort limits apply would be limited to $1,200,000. These statutory tort limits would
apply regardless of whether or not the city purchases the optional excess liability coverage.
. If the city waives the statutory tort limits and does not purchase excess liability coverage, a
single claimant could potentially recover up to $1,000,000 on a single occurrence. The total
which all claimants would be able to recover for a single occurrence to which the statutory
tort limits apply would also be limited to $1,000,000, regardless of the number of claimants.
. If the city waives the statutory tort limits and purchases excess liability coverage, a single
claimant could potentially recover an amount up to the limit of the coverage purchased. The
total which all claimants would be able to recover for a single occurrence to which the
statutory tort limits apply would also be limited to the amount of coverage purchased,
regardless of the number of claimants.
Claims to which the statutory municipal tort limits do not apply are not affected by this decision.
This decision must be made by the city council. Cities purchasing coverage must complete
and return this form to LMCIT before the effective date of the coverage. For further
information, contact LMClT. You may also wish to discuss these issues with your city attorney_
City of Arden Hills accepts liability coverage limits of $2,200,000 from the League of
Minnesota Cities Insurance Trust (LMCIT).
Check one:
o The city DOES NOT WAIVE the monetary limits on municipal tort liability established by
Minnesota Statutes 466.04
o The city WAIVES the monetary limits on tort liability established by Minnesota Statutes
466.04, to the extent of the limits of the liability coverage obtained from LMCIT.
Date of city council meeting
Signature/Date
Position
Return this completed form to LMCIT, 145 University Ave. W., St. Paul, MN 55103-2044
LMCIT (11/00)(Rev. 12/07)
LEAGUE OF MINNESOTA CITIES INSURANCE TRUST
LIABILITY COVERAGE - WAIVER FORM
Cities obtaining liability coverage from the League of Minnesota Cities Insurance Trust must decide
whether or not to waive the statutory tort liability limits to the extent of the coverage purchased. The
decision tO~ive or not to waive the statutory limits has the following effects:
L-jtXJtMO New ~s fYmfaf-vr.; Urn;-/-
c If the cft oes not waive the statutory tort limits, an individual claimant would be able to recover no
more tha S'l"(),ggo.,on any claim to which the statutory tort limits apply. The total which all claimants
would be able to recover for a single occurrence to which the statutory tort limits apply would be
Ii~ $'I,lltlO,uuu. These statutory tort limits would apply regardless of whether or not the city
~ 000 .--------purchafes the optional excess liability coverage.
i S+ohYIc
(Y\,T.
If the city waives the statutory tort limits and does not purchase excess liability coverage, a single
claimant could potentially recover up to $1,000,000. on a single occurrence. The total which all
claimants would be able to recover for a single occurrence to which the statutory tort limits apply would
also be limited to $1,000,000., regardless of the number of claimants.
If the city waives the statutory tort limits and purchases excess liability coverage, a single claimant
could potentially recover an amount up to the limit of the coverage purchased. The total which all
claimants would be able to recover for a single occurrence to which the statutory tort limits apply would
also be limited to the amount of coverage purchased, regardless of the number of claimants.
Claims to which the statutory municipal tort limits do not apply are not affected by this decision.
This decision must be made by the city council. Cities purchasing coverage must complete and
return this form to LMCIT before the effective date of the coverage. For further information, contact
LMCIT. You may also wish to discuss these issues with your city attorney.
City of Arden Hills accepts liability coverage limits of $ d I ;J.{X), (b() from the
League of Minnesota Cities Insurance Trust (LMCIT). '
Check one:
~
The city DOES NOT WAIVE the monetary limits on municipal tort liability established by
Minnesota Statutes 466.04.
o
The city WAIVES the monetary limits on tort liability established by Minnesota Statutes 466.04,
to the extent of the limits of the liability coverage obtained from LMCIT.
Date of city council meeting
Signature/Date
Position
Return this completed form to LMelT, 145 University Ave. w., St Paul, MN. 55103-2044
LMClT (1lI00)(Rev. 11/03)
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