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REQUEST F�R C�UNC�L ACTIDN <br />Dep��nae�t Approval: <br />�� <br />Description: Statu�ory �..i�its <br />Backgarc�und <br />Manager Reviewed: <br />��� <br />DATE: 01/30/06 <br />Iter�u Numk�er: 3.e , <br />Agenda Seetion: <br />Consent Agenda <br />Mi�n�sata �tat�te 466.04 states that Iiability o� ar�y municipality an any Qne claimant sha11 not <br />exceed $300,000 �vhen �he claim is for deaih, wz�angful act, ar omissio� and sk�all nat pay more <br />tha� $1,000,000 for clairr�s arising ou� af a single occuz�re�ce. <br />A city has the o�portunity to wazve t�e i�divid�al statutary limii. By wa�vir�g t�e statutory lirnit, <br />�here is no limit on the seitlerr�ent a claimant(s) z�ay arecezve. <br />Fitaancial Implicatio� s <br />Waiving ��e statutory liz�ait will ancrease the policy prerr�ium and increase the arriount of <br />settlement a claimant(s) may receive. <br />��aff Recommeudations <br />S�aif is recomrnenc�ing �hat the City Cou�zci� does na� waive the z�ao�etary �imits on rnunicipai <br />tort liability es�ablished by Minnesota Statute 466.04. <br />Cr�u�cil Action <br />Matio� to approve noi wai�in� the monetary liinits on municipal tort liability esta�lisk�ed by <br />Minn�sota Statu�es 466.04. , <br />