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REQUEST FOR COUNCIL ACTION <br />Date: <br />Item No.: <br />Department ApprovalCity Manager Approval <br />Item Description:Consider Not Waiving Statutory Liability Limits for 2023 <br />B ACKGROUND <br />1 <br />2 MinnesotaStatute466.04statesthatliabilityofanymunicipalityonanyoneclaimantshallnotexceed <br />3$500,000whentheclaimisfordeath,wrongfulact,oromission;andshallnotpaymorethan <br />4$1,500,000for claims arising out of a single occurrence. <br />5 <br />6 StateStatuteprovidesmunicipalitiestheopportunitytowaivetheindividualstatutorylimittobetter <br />7 accommodateclaimantsthatmayhavebeenharmedbytheCitysactionsornegligence.However,by <br />8 waivingthestatutorylimitthereisnolimitonthesettlementaclaimant(s)mayreceive,andthewaiver <br />9 wouldapplytoallclaims.TheCitysLiabilityInsuranceproviderrequiresaformalactionbytheCity <br />10 Council designating its intentions. <br />P OLICY O BJECTIVE <br />11 <br />12 Not applicable. <br />F INANCIAL I MPACTS <br />13 <br />14 Waivingthestatutorylimitswouldcreategreaterriskandcarrythepotentialforhigherinsurance <br />15 payouts on claims brought against the City. <br />S TAFF R ECOMMENDATION <br />16 <br />17 Staff recommends the Council NOT waive the Statutory Liability Limits for 2023. <br />R EQUESTED C OUNCIL A CTION <br />18 <br />19 Motion to NOT waive the Statutory Liability Limits for 2023. <br />20 <br />Prepared by:Joshua Kent,AssistantFinance Director <br />Attachments:A:N/A <br />21 <br />Page1 of 1 <br /> <br />