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HomeMy WebLinkAboutRes2001-045 I I I Sponsored by: Janke CITY OF SEWARD, ALASKA RESOLUTION 2001-045 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROPRIATING $6,260.90 FROM THE GENERAL FUND FUND BALANCE DESIGNATED FOR INSURANCE RESERVES TO THE STREET DEPARTMENT TO FUND THE INSURANCE DEDUCTIBLE ON A CLAIM WHEREAS, on February 4, 2001 there was a vehicle accident involving a City of Seward grader 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 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 from the insurance reserve 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 $6,260.90 be appropriated from the General Fund fund balance designated for insurance reserves, account no. 101-0000-3040 to the Street Department, Snow & Ice Control Division, Miscellaneous Expense, account no. 1 01-1314-5790 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 27th day of March, 2001. CITY OF SEWARD, ALASKA RESOLUTION 2001-045 THE CITY OF SEWARD, ALASKA C t. (J L-fA-t I Edgar Blatchford, Mayor AYES: NOES: ABSENT: ABSTAIN: Brossow, Calhoon, Clark, King, Shafer None Blatchford, Orr None ATTEST: p~~ City Clerk ""u""'" (City Se~~ Or SEw;,:!~ $ ,.~.....~;OA~.!..")'a'-:' ! ",.:..r;p . "'V'<!C':". ~ = !~ --- ~.\ :- -"SEAL"" 5-i }e! .. \ .. ~ . -.- . - ",". ~"~ '\ cS' "~ \ca~.;":t!" ~ ~ ~~'''!I''~ra':' ""4!~ OF I'i ",.... ",'...."",