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Res. #23-001 - Liability Ins. Limits
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Res. #23-001 - Liability Ins. Limits
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1/12/2023 12:14:01 PM
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COUNTY OF ANOKA <br /> CITY OF CENTERVILLE <br /> Resolution #23- Z G/ <br /> A RESOLUTION TO NOT WAIVE <br /> LIABILITY INSURANCE LIMITS FOR LMCIT INSURANCE COVERAGE <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE, MINNESOTA <br /> WHEREAS, The City of Centerville contracts with the League of Minnesota Cities Insurance Trust for <br /> property, casualty, and liability insurance coverage; and <br /> WHEREAS, Minnesota Statutes set the standard liability limits at$500,000 per claimant and $1,500,000 per <br /> incident; and <br /> WHEREAS, the City desires to minimize its exposure to loss; and <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Centerville that: <br /> 1. The City Council elects to not waive liability limits for the 2023 insurance renewal. <br /> 2. The City Administrator is authorized and directed to sign and return the waiver form <br /> indicating this election along with the renewal information provided to the LMCIT <br /> underwriters. <br /> Passed and Adopted by the City of Centerville this 11 th day of January, 2023. <br /> Mayor, D. Love <br /> City Clerk, Teresa Bender <br />
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