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5.13. SR 12-19-1994 r I -'\) ( )j till ITEM 5.13. MEMORANDUM TO: Mayor & City Council \ Lori Johnson, Finance Director ~~ FROM: DATE: December 19, 1994 SUBJECT: Insurance Issues In September when the insurance contract renewal was discussed, there were several items on which the Council did not act and requested further information. Dan Greene presented information on both the Open Meeting Law and Excess Liability Insurance coverage. In response to the Council's request for further information, attached is a memo from City Attorney Peter Beck regarding these two items. . Staff is recommending approval of the Open Meeting Law insurance at a premium cost of $1,756 per year. This policy would cover all Boards and Commissions of the City. The other item yet to be addressed is the need for Excess Liability Insurance. The attached memo gives further explanation of what the Excess Liability Insurance would cover. As Peter indicates, the League of Minnesota Cities has stated that they have very seldom had claims which would be covered under the Excess Liability Insurance. The premiums for this coverage are somewhat high. The annual premium without a waiver of immunity is $29,636. The annual premium with a waiver of immunity is $40,147. Action Reauested The City Council is asked to indicate whether it wishes to purchase Open Meeting law coverage at an annual premium of $1,756 for all City Officials. Second, the City Council is asked to indicate whether it wishes to carry Excess Liability coverage at an annual premium of $29,636 without a waiver of immunity or $40,147 with a waiver of immunity. council:insissue . 13065 Orono Parkway. P.O. Box 490. Elk River, MN 55330. (612) 441-7420. Fax: (612) 441-7425 -< . . . DEe 1 5 199~ MEMORANDUM LARKIN, HOFFMAN, DALY & LINDGREN, LTD. Attorneys at Law 1500 Norwest Financial Center 7900 Xerxes Avenue South Bloomington, Minnesota 55431 Telephone: (612) 835-3800 FAX: (612) 896-3333 TO: Mayor Henry A. Duitsman and Members of the City Council Peter Beck, City Attorney December 14, 1994 Conflict of Interest Ordinance Open Meetin~ Law Excess Liab1lity Insurance FROM: DATE: RE: Conflict of Interest Ordinance Earlier this year I prepared, at Council direction, two alternative amendments to the City'S Conflict of Interest Ordinance. The Council had directed me to prepare an Qrdinance which would bring the City'S policy generally into closer conformance with state conflict of interest laws applicable to municipalities. Council indicated a preference for the more comprehensive of the two alternatives I had prepared. It is my understanding that the other City Commissions which have reviewed the proposed ordinance have concurred. Therefore, the attached ordinance is ready for Council adoption at its meeting of December 19, 1994, if the Council so desires. I also prepared, earlier this year, a draft memorandum to members of the City Council, members of City Commissions and City department heads outlining the City'S conflict of interest policy. If the Conflict of Interest Ordinance is adopted by the Council on December 19, 1994, I will update and circulate this memorandum to all Commissioners and department heads. Open Meeting Law I recommend that the memorandum on the City'S Conflict of Interest policy be expanded to include a few paragraphs on the state's open meeting law. I have met with most of the City Commissions over the past year to discuss the requirements of the open meeting law, and have found a certain amount of misunderstanding regarding these requirements. I think it would be helpful for people to have a written document to refer to in the future. . . . I am also recommending that the City purchase so-called "open meeting law insurance" from the League of Minnesota Cities Insurance Trust. The Minnesota Supreme Court has recently confirmed that a suit against city officials alleging a violation of the open meeting law is not a claim covered under the Trust's general policy. The Trust offers open meeting law coverage at a fairly nominal amount. This coverage protects City officials against the possibility of incurring attorneys' fees defending an open meeting law suit. If the Council elects to purchase this coverage, I will mention that fact in my memorandum. Excess Liability Insurance Lori has asked me to discuss with the Council whether the City should purchase "excess liability insurance" from the Trust. Minnesota law puts a limit on the tort liability of municipalities (currently $200,000 per claim and $600,000 for all claims arising out of the same occurrence). Excess liability insurance provides coverage in excess of these tort liability limits. The League offers two types of excess liability insurance. The first type does not waive the statutory tort liability limits for claims which are covered by the statutory limits, but provides excess liability coverage for claims which may not be covered by the tort liability limits. For instance, dram shop claims, civil rights claims, and certain federal employment law claims may not be covered by the state tort liability limits. The second type of excess liability insurance offered by the League waives the tort liability limits of Minnesota law. The purpose of this policy is to provide the opportunity for plaintiffs to obtain more than the statutory maximum in damages. It is my understanding Lori has some information for the Council on the cost of this excess liability insurance. I will leave to the Council the decision of whether the benefit received is sufficient to off-set the cost. However, in my discussions with people at the League of Cities, they indicate that they have very seldom had claims that have gone into excess liability coverage. I will be at the Council meeting on December 19, 1994, and will be happy to answer questions from the Council on any Of the three topics discussed in this memo. 2. PKB:JM9s