ERMU RES 18-8 RESOLUTION No. 18-8
BOARD OF COMMISSIONERS
ELK RIVER MUNICIPAL UTILITIES
A RESOLUTION ELECTING NOT TO WAIVE THE STATUTORY TORT LIMITS
FOR LIABILITY INSURANCE
WHEREAS, Elk River Municipal Utilities (Utilities)participate in the League of Minnesota
Cities Insurance Trust(LMCIT) insurance program; and
WHEREAS, The LMCIT requires annual approval of the Utilities' intent to waive or not
waive the statutory limits on tort liability as set forth in Minnesota Statutes;
WHEREAS, The Utility has evaluated whether to waive the limit of tort liability and
whether to purchase excess liability coverage from the LMCIT.
NOW,THEREFORE, BE IT RESOLVED that the Elk River Municipal Utilities of the City of
Elk River elects to not waive the statutory tort liability limit established by Minnesota Statute
466.04.
This Resolution Passed and Adopted this 8th day of May, 2018.
N't r
J' Di- ' , ChM&
Troy Ad s, P.E., General Manager