HomeMy WebLinkAbout2000-007 EDAR1
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Commissioner Debra Hilstrom introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. mnnn 07
RESOLUTION DECLARING THAT THE ECONOMIC DEVELOPMENT
AUTHORITY DOES NOT WAIVE THE STATUTORY LIMIT ON MUNICIPAL
TORT LIABILITY FOR THE PURPOSE OF RENEWING INSURANCE
POLICIES FOR THE 2000 YEAR
WHEREAS, the Director of Finance and the EDA's Insurance Agent are
negotiating annual renewal premiums for the EDA's comprehensive insurance coverage for the
period from April 1, 2000 to April 1, 2001; and
WHEREAS, the State of Minnesota has set the statutory limit on tort liability at
$1,000,000 for Minnesota cities and requires the EDA to make a decision to stay with or to waive
this limit; and
limit.
WHEREAS, the Director of Finance does not recommend waiving the statutory
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center that the EDA does not waive the monetary limits
on municipal tort liability established by Minnesota Statutes 466.04.
Marsh 27, 2000
Date
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Kay Lasman and upon vote being taken thereon, the following voted in favor
thereof:
Myrna Kragness, Debraplilstrom, Kay Lasman, and Robert Peppe;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.