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HomeMy WebLinkAbout23-149 Election of Non-Waiver of Statutory Municipal Tort Liability Limits RESOLUTION NO. 23-149 Election of Non-Waiver of Statutory Municipal Tort Liability Limits 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 Lakeville City Council has evaluated whether to waive the limit on tort liability. 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 2024 policy year. ADOPTED by the Lakeville City Council this 18th day of December 2023. CITY OF LAKEVILLE . Lu . Hellier, Mayor Ann Or fsky, City Clerk