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AGENDA ITEM #10.1 . <br /> City of - - -- <br /> Pequot <br /> Lakes — <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: December 6, 2016 <br /> Subject: Statutory Limit Waiver <br /> Report: Cities obtaining liability coverage from the <br /> League of Minnesota Cities Insurance Trust must decide <br /> whether or not to waive the statutory tort liability limits. <br /> Please review the attached waiver form for further <br /> explanation. <br /> Steve LaBarre of First National Bank Insurance Services, <br /> the City's insurance agent of record, is recommending that <br /> the City not waive the statutory tort limits. In the past, the <br /> Council has continually opted to not waive the tort liability <br /> limits. <br /> Steve will be present at the meeting to address any <br /> questions the Council may have. <br />