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AGENDA ITEM #10.2 <br /> Ci�►Of <br /> Pequot <br /> Lakesi = <br /> REPORT TO CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: December 4, 2018 <br /> Subiect: Statutory Limit Waiver <br /> Report: Cities obtaining liability coverage from the League of Minnesota <br /> Cities Insurance Trust must decide whether or not to waive the statutory tort <br /> liability limits. Plea.se review the attached waiver form for further explanation. <br /> Steve LaBane from First National Bank Insurance Services, the City's insurance <br /> agent of record, is recommending the City not waive the statutory tort limits. In <br /> the past, the Council has continually opted to not waive the tort liability limits. <br /> Council Action ReQuested: Council motion to not waive the statutory tort limits. <br />