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CITY OF SEWARD, ALASKA
RESOLUTION 2001-024
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, APPROPRIATING $10,000 FROM THE GENERAL FUND
FUND BALANCE DESIGNATED FOR INSURANCE RESERVES TO THE
STREET DEPARTMENT TO FUND THE INSURANCE DEDUCTIBLE
ON A CLAIM
WHEREAS, on March 12, 1999 there was a vehicle accident involving a City of
Seward dump truck and a privately owned vehicle; and
WHEREAS, the claim was tendered to the Alaska Municipal League Joint Insurance
Association (AML/JIA) Claims Department; and
WHEREAS, the AML/JIA has investigated the accident and has settled the claim with
the claimant under the City's auto liability coverage; and
WHEREAS, the City of Seward's auto liability coverage has a $10,000 deductible; and
WHEREAS, the City established an insurance reserve as part of the General Fund
fund balance to be used to pay large insurance deductibles such as this claim; and
WHEREAS, Council approval is required to appropriate the funds for this expenditure.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD, ALASKA, that:
Section 1. Funds in the amount of$10,000 be appropriated from the General Fund fund
balance designated for insurance reserves, account no. 101-0000-3040 to the Street Department,
Miscellaneous Expense, account no. 1 0 1-131 0-5790 to fund the insurance deductible on a claim.
Section 2. This resolution shall take effect immediately upon its adoption.
PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this
12th day of February, 2001.
CITY OF SEWARD, ALASKA
RESOLUTION 2001-024
THE CITY OF SEWARD, ALASKA
T /L _ ,I--^-, ~ ,
Edgar Blatchford, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Blatchford, Calhoon, Clark, King, Oa, Shafer
None
Brossow
None
ATTEST:
r~ \
Patrick Reilly ~
City Clerk
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