2016-02H HRA ResolutionMOUND HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 16-02H
RESOLUTION MAKING A SELECTION NOT TO WAIVE THE STATUTORY
TORT LIMITS FOR LIABILITY INSURANCE PURPOSES
WHEREAS, pursuant to previous action taken, the League of Minnesota Cities
Insurance Trust has asked the Housing and Redevelopment Authority of and for the City
of Mound to make an election with regards to waiving or not waiving its tort liability
established by Minnesota Statutes 466.04; and
WHEREAS, the choices available are; to not waive the statutory limit, to waive the limit
but to keep insurance coverage at the statutory limit, and to waive the limit and to add
insurance to a new level;
NOW, THEREFORE BE IT RESOLVED by the Housing and Redevelopment
Authority of and for the City of Mound, Minnesota, to hereby elect not to waive the
statutory tort liability established by Minnesota Statutes 466.04; and that such election is
effective until amended by further resolution of the Mound HRA.
Adopted this 12'h day of January, 2016.
Chair Mark Wegscheid
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Attest: Catherine Pausche, Clerk