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10.01 Statutory Limit Waiver
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12-03-2019 City Council Meeting
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10.01 Statutory Limit Waiver
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11/26/2019 3:04:18 PM
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AGENDA ITEM #10.1 <br /> c�ry of <br /> Pequot <br /> Lakes= - <br /> REPORT TO CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: December 3, 2019 <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. Please review the attached waiver form for further explanation. <br /> Steve LaBarre 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 />
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