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HomeMy WebLinkAbout2008-003 EDAR1 1 its adoption: Commissioner Mark Yelich introduced the following resolution and moved EDA RESOLUTION NO. 2008 -03 RESOLUTION OPTING NOT TO WAIVE LIMITED TORT LIABILITY FOR 2008 WHEREAS, the Economic Development Authority of the City of Brooklyn Center has an option to waive its protection under the tort liability limitation contained in Minnesota Statutes 466.04; and WHEREAS, the statutory tort limit for 2008 is $400,000 per individual with an aggregate of $1,200,000 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 that the Authority does not waive the monetary limits on municipal tort liability established by Minnesota Statutes 466.04 for 2008. March 10, 2008 Date President The motion for the adoption of the foregoing resolution was duly seconded by commissioner Dan Ryan and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Dan Ryan and Mark Yelich; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.