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HomeMy WebLinkAbout2025-02 EDARits adoption: Commissioner Lawrence -Anderson introduced the following resolution and moved EDA RESOLUTION NO. 2025-02 RESOLUTION OPTING NOT TO WAIVE LIMITED TORT LIABILITY FOR 2025 WHEREAS, the Economic Development Authority of the City of Brooklyn Center has an option to waive its protection under the tort liability limitations contained in Minnesota Statutes 466.04; and WHEREAS, the statutory tort limit for 2025 is $500,000 per individual with an aggregate limit of $1,500,000 per incident; and WHEREAS, the Economic Development Authority of the City of Brooklyn Center has not opted to waive its rights to limited tort liability in past years and is required to make a declaration of its intention every year. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority of the City of Brooklyn Center, Minnesota, that the Authority does not waive the monetary limits on municipal tort liability established by Minnesota Statutes 466.02 for 2025. March 24 2025 Date ATTEST: City Clerk President The motion for the adoption of the foregoing resolution was duly seconded by commissioner Jerzak and upon vote being taken thereon, the following voted in favor thereof: Graves, Jerzak, Kragness, Lawrence -Anderson, Moore and the following voted against the same: none whereupon said resolution was declared duly passed and adopted.