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Commissioner introduced the following resolution and moved for its adoption: <br />RESOLUTION #HRA-11-12-XXX <br />RESOLUTION NOT TO WAIVE STATUATORY TORT LIMITS FOR LMCIT LIABILITY <br />COVERAGE <br />WHEREAS, city staff has reviewed the impacts of waiving and not -waiving statutory tort limits for <br />liability insurance with the League of Minnesota Cities Insurance Trust; and <br />WHEREAS, the HRA has determined it is in the best interest of the City to not waive the statutory <br />tort limits for liability insurance with LMCIT. <br />NOW THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT <br />AUTHORITY OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA: <br />1) That the HRA of the City of Ramsey does not waive the statutory tort limits for LMCIT liability <br />coverage. <br />The motion for the adoption of the foregoing resolution was duly seconded by Commissioner and upon vote <br />being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />and the following abstained: <br />and the following were absent: <br />Whereupon said resolution was declared duly passed and adopted by the Ramsey HRA this the 13th day of <br />December, 2011. <br />Chairperson David Jeffrey <br />ATTEST: <br />HRA Executive Director Heidi A. Nelson <br />Resolution #HRA-11-01-001 <br />Page 1 of 1 <br />