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ROJEEiQUEST FOR COUNCIL ACTION Date:., 2/3/03 <br />0 <br />Department ;Aroval: Manager Reviewed Agenda, Section <br />i Consent <br />Descr, <br />W on,, Statutory, Linufts <br />1 <br />1 4 <br />$ Tin 6rq= <br />Minnesota Statutes, 4661.,04 states that liabiffity of any municipality on any one claimant shall not <br />i <br />exceed $3010,00O when the claim 'i's one for death wrongful act" or omission and s�hal,l not pay more <br />than, $ 1 000,10100 for claims afising out of a, single occurrence. <br />q, <br />The City's insurance carrier, LMCIT, allows each city, the opporhmity to waive ve the individual <br />statutory limit. <br />Financial Implkations <br />Approval of' waiving the statutory, fimit will increase, the policy, premium, and allow individuals v# <br />cla,im up to $,3,000,01001. <br />�- W =.1 FRI11 I P <br />QAaff 'is recommending that, the City Council does not waive the monetary limits on municipal tort <br />liability established by Minnesota Statutes 466.0�4. <br />F0 <br />r ,T <br />I_M F <br />OM <br /># I <br />a M <br />Motion, to approve not waivg the monetary, firmits on mumcipal tort liaty established b <br />Minnesota Statutes 4,66.04i. I <br />