HomeMy WebLinkAboutCity Council Resolution 1995-409•
CITY OF PLYMOUTH
RESOLUTION NO. 95- 409
AUTHORIZATION OF PAYMENT OF INSURANCE DEDUCTIBLE TO
LEAGUE OF MINNESOTA CITIES INSURANCE TRUST
WHEREAS, the City of Plymouth was insured under League of Minnesota Cities
haurance Trust Covenant 1082991 for the period of April 1, 1990 thou April 1, 1991
and incorporated within this Covenant was Uninsured/Underinsured Motorist Coverage
with limits of $600,000, subject to a $50,000 per occurrence deductible; and
WHEREAS, a city employee while operating a city owned motor vehicle in the course
of his employment was inured in an automobile accident on October 30, 1990 with an
underinsured motorist; and
WHEREAS, the League of Minnesota Cities Insurance Trust in accordance with the
comms of the Covenant negotiated and settled the bodily injury claim of the injured
employee in the amount of $186,000. In accordance with the terms of the covenant,
the League of Minnesota Cities Insurance Trust has requested reimbursement of the
$50,000 per occurrence deductible
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF PLYMOUTH, MINNESOTA, that the City of Plymouth
reimburse the League of Minnesota Cities Insurance Trust $50,000 from the Risk
Management Fund for the City's deductible portion of the negotiated settlement.
Adopted by the City Council on July 11, t995.