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Res. #24-001 - Not to Waive Liability Insurance Limits
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Res. #24-001 - Not to Waive Liability Insurance Limits
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2/6/2024 2:33:31 PM
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1/11/2024 10:28:42 AM
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COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br />Resolution # 24-ZW <br />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 2024 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 Adapted by the City of Centerville this 10th day of January, 2024. <br />�r <br />k <br />. . ........... <br />Mayor, D. Love <br />A- <br />��"°� <br />City Clerk, Teresa Bender <br />
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