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<br />I <br /> <br />I <br /> <br />I <br /> <br />Sponsored by: Janke <br /> <br />CITY OF SEWARD, ALASKA <br />RESOLUTION 2001-045 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, <br />ALASKA, APPROPRIATING $6,260.90 FROM THE GENERAL FUND <br />FUND BALANCE DESIGNATED FOR INSURANCE RESERVES TO THE <br />STREET DEPARTMENT TO FUND THE INSURANCE DEDUCTIBLE <br />ON A CLAIM <br /> <br />WHEREAS, on February 4, 2001 there was a vehicle accident involving a City of <br />Seward grader and a privately owned vehicle; and <br /> <br />WHEREAS, the claim was tendered to the Alaska Municipal League Joint Insurance <br />Association (AML/JIA) Claims Department; and <br /> <br />WHEREAS, the AML/JIA has investigated the accident and has settled the claim with <br />the claimant under the City's auto liability coverage; and <br /> <br />WHEREAS, the City of Seward's liability coverage has a $10,000 deductible; and <br /> <br />WHEREAS, the City established an insurance reserve as part of the General Fund <br />fund balance to be used to pay large insurance deductibles such as this claim; and <br /> <br />WHEREAS, Council approval is required to appropriate the funds from the insurance <br />reserve for this expenditure. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF SEWARD, ALASKA, that: <br /> <br />Section 1. Funds in the amount of $6,260.90 be appropriated from the General Fund <br />fund balance designated for insurance reserves, account no. 101-0000-3040 to the Street <br />Department, Snow & Ice Control Division, Miscellaneous Expense, account no. 1 01-1314-5790 <br />to fund the insurance deductible on a claim. <br /> <br />Section 2. This resolution shall take effect immediately upon its adoption. <br /> <br />PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 27th <br />day of March, 2001. <br />