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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Centerviffe <br />Agenda Item # <br />Department: <br />Requested Council Meeting Date: <br />Administration <br />February 23, 2022 <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 process to decide if they want to waive the Minnesota State statutory liability limits. <br />Those limits are $500,000 for an individual claimant and $1,500,000 for all claimants for a single incident. If <br />liability limits are waived, then the liability limit goes up to $2,000,000 per claimant and per incident. Staff is <br />proposing that the City Council elect to not waive the liability limits, just as it has in the past. The waiver form <br />is attached 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 <br />Love <br />0 King <br />Koski <br />Other (specify) Waiver Form <br />Mosher <br />Administration Department Use: <br />Consent <br />Refer to: <br />Tabled Until: <br />Regular <br />Other: <br />