HomeMy WebLinkAbout20081201 - VI-16_ ~ ~ a
~fI-~~)
MEMO
TO: Honorab{e Mayor and City Council members
FROM: Charlene Stark, Finance Director
RE: Liability Coverage-Waiver Form
DATE: November 24, 2008
e
Cities obtaining liability coverage from the League must decided whether to or not waive
the statutory tort liability limits to the extent of coverage purchased. It has been the
City s practice to opt for the waiver and to purchase excess liability coverage.
If you should have questions regarding this infor-~nation, please feel free to contact me.
Council Action Requested
As in prior years,. the cciuncil is asked to waive fhe inojietary limits on tort liability
established by MN Statutes 466.04,. to the extent of the limits of the liability coverage
obtained by LMCIT.
- '"r f I~3:~.~1,T?: * ~~~ F'3l,it~~ ~itl~wt ~~~g * Fly f 9 ~ _ ~_:„ _ _ ~,~,~~j~. ; -h~~ -.$~€:` -'~~'~? a r:~-, .,4:~; ..~€?,' * R:~s'~ ;; !'t`^r r