HomeMy WebLinkAbout1985-07-02; City Council; Resolution 80811
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RESOLUTION NO. 8081
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
THE CITY'S EXCESS WORKERS' COMPENSATION INSURANCE
OF CARLSBAD , CALIFORNIA, AUTHORIZING RENEWAL OF
WHEREAS, the City has established a self-insurance program for workers'
compensation; and
WHEREAS, the City's Insurance Broker has received quotes for excess workers'
compensation insurance; and
WHEREAS, upon evaluation of the quotes for excess insurance, the City
desires to renew its insurance.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Carlsbad, Californa a:
follows :
1. That the above recitations are true and correct.
2. That the renewal of the City's excess workers' compensation insurance
with Employer's Reinsurance Corporation .is hereby approved and the Finance
Director is authorized to issue a warrant for the premium of said renewal in tht
amount of $18,944.
3. That the sum of $6,450 is transferred from Workers' Compensation
unappropriated fund balance to the Workers' Compensation Self-Insurance
Operating Budget account 70- 19 -1 0-2871 .
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PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council on the
6th day of Ausust , 1985, the the following vote, to wit:
AYES: Council Members Casler, Lewis, Kulchin, and Chick
NOES: None
ABSENT: Council Member Pettine
\TTEST:
(SEAL)