HomeMy WebLinkAbout1987-04-28; City Council; Resolution 90311
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RESOLUTION NO. 9031
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROPRIATING $33,243.38
FOR THE RETROSPECTIVE PREMIUM TO CROWN LIFE
WHEREAS, the City Manager and staff have determined that the final
accounting from Crown Life is correct: and
WHEREAS, additional funds are necessary to pay the retrospective premium
provision; and
WHEREAS, the timely payment of all monies due is necessary to terminate the
City's relationship with Crown Life.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad,
California, as follows:
1. That the above recitations are true and correct.
2. That the Finance Director is authorized to pay the amount of $33,243.3<
from the contingency fund, thus reducing the available balance in the
contingency fund to $213,000.
PASSED, APPROVED AND ADOPTED at a reqular neetina of the Carlsbad City
Council held on the 28th day of April , 1987 by the following
vote, to wit:
AYES: Council Members Lewis, Kulchin, Pettine, Mamaux and Larson
NOES : None
ABSENT: None
ATTEST:
( SEAL )