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86-7183R59 CITY OF RICHFIELD RESOLUTION N0. 7183 RESOLUTION AMENDING THE TRUST AND AGENCY FUND FOR SELF INSURANCE OF WORKER'S COMPENSATION AND UNEMPLOYMENT COMPENSATION TO PROVIDE FOR PAYMENT OF CERTAIN ADDITIONAL UNINSURED LIABILITIES WHEREAS, the City of Richfield, Minnesota, has previously established a Trust and Agency Fund for payment of worker's compensation and unemploy~t~ent compensation liabilities; WHEREAS, Minnesota Statutes, Section 471.981 permits the City of Richfield to self insure against liability of the City and its officers, employees, agents, and other servants for damages resulting from their acts; WHEREAS, the City of Richfield has authorized the purchase of the League of Minnesota Cities Insurance Trust (LMCIT) primary. package, which protects the City up to the maximum statutory .limits of liability specified in Minnesota Statutes,. Section 466.04; WHEREAS, the City of Richfield deems it to be in the best public interest of the City to self insure, as authorized by Minnesota Statutes, Section 471.981, for those amounts not covered by LMCIT; NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Richfield, Minnesota as follows: 1. The existing fund entitled "The Worker's Compensation Trust and Agency Self-Insurance Fund" is amended to provide for the payment of alI claims, losses, costs of defense, administrative costs, and legal fees for all liability matters not covered by the LMCIT program. 2. By taking this action, the City Council is not intending to waive any statutory or common law immunity or any statutory or other limitation on .liability, including but not limited to, the immunities and .limitations on liability contained in Minnesota Statutes, Chapter 466, including 'the monetary limitations contained therein. 3. By taking this action, the City Council is not intending to expand the potential liability of the City, or of its officers, employees, agents or servants to include any situations or .events that the City, or its officers, employees, agents, or servants would not otherwise be liable. 4. The City Manager is .authorized to administer the fund and to delegate aldministrative functions to other staff members as he d ems• appropriate. The City Manager is further authorized to pay amounts from the fund for the -- purposes authorized by this Resolution. Passed by the City Council',of th Ci of, 'chfield this 28thday of Juiyx 1986. ' I Mayor ATT ST: Thomas P. Ferber, City C1er] ',I ' I