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CITY OF CENTERVILLE <br /> REQUEST FOR <br /> COUNCIL ACTION Verville <br /> Agenda Item# Department: Requested Council Meeting Date: <br /> Administration February 13, 2019 <br /> TITLE OF ISSUE: <br /> Election to Not Waive Statutory Tort Limits <br /> BACKGROUND AND SUPPLEMENTAL INFORMATION: <br /> Each year, the League of Minnesota Cities Insurance Trust (LMCIT) asks City Councils, as part of the <br /> insurance contract renewal to decide if they want to waive the Minnesota State statutory liability limits. Those <br /> limits are $500,000 for an individual claimant and $1,500,000 for all claimants for a single incident. If liability <br /> limits are waived, then the liability limit goes up to $2,000,000 per claimant and per incident. Staff is proposing <br /> that the City Council elect to not waive the liability limits,just as it has in the past. The waiver form is attached <br /> for your review. <br /> COST AND SOURCE(S) OF FUNDING: <br /> No cost <br /> REQUESTED COUNCIL ACTION: <br /> Staff recommends that the City Council adopt the resolution as presented. <br /> For Clerk's Use: <br /> SUPPORTED DOCUMENTS ATTACHED <br /> Motion By: <br /> Resolution Ordinance Contract Minutes Plan Map <br /> Second By: <br /> X <br /> Vote Record: Ave Nay <br /> ✓ Lakso Other(specify) Resolution & Waiver Form <br /> Love <br /> Paar <br /> Koski <br /> Montain <br /> Administration Department Use: <br /> Refer to: <br /> Consent <br /> Tabled Until: <br /> Regular <br /> Other: <br /> 14 <br />