HomeMy WebLinkAbout20-142CITY OF LAKEVILLE
RESOLUTION NO. 20-142
ELECTION OF NON -WAIVER OF STATUTORY MUNICIPAL TORT LIABILITY LIMITS AND
DECLINING EXCESS LIABILITY INSURANCE COVERAGE
WHEREAS, Minnesota Statutes 466.04 imposes limits on municipal tort liability; and
WHEREAS, The City of Lakeville has the option to waive the protection of statutorily imposed
limits on what a claimant can recover in a tort liability action; and
WHEREAS, The League of Minnesota Cities Insurance Trust offers municipalities the option to
purchase excess liability insurance; and
WHEREAS, The Lakeville City Council has evaluated whether to waive the limit on tort liability
and whether to purchase excess liability coverage for non -tort claims.
NOW THEREFORE, BE IT RESOLVED that the City of Lakeville hereby exercises the
following elections with respect to the available LMCIT insurance options:
1. The City of Lakeville DOES NOT WAIVE the monetary limits on municipal tort liability
established by Minnesota Statutes Section 466.04 effective for the 2021 policy year.
2. The City of Lakeville declines excess liability coverage effective for the 2021 policy year.
ADOPTED by the Lakeville City Council this 7th day of December 2020.
CITY OF LAKEVILLE
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Douglas P. Anderson, Mayor
Charlene Friedges, City glerk