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HomeMy WebLinkAbout2018-002 EDARCommissioner April Graves introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 2018-02 RESOLUTION OPTING NOT TO WAIVE TORT LIABILITY FOR 2018 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 2018 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 2018. January 8, 2018 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, MArquita Butler, April Graves, Dan Ryan and the following voted against the same: whereupon said resolution was declared duly passed and adopted.