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HomeMy WebLinkAboutRes2001-024 I I I Sponsored by: Janke 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$10,000 be appropriated from the General Fund fund balance designated for insurance reserves, account no. 101-0000-3040 to the Street Department, Miscellaneous Expense, account no. 1 0 1-131 0-5790 to fund the insurance deductible on a claim. Section 2. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 12th day of February, 2001. CITY OF SEWARD, ALASKA RESOLUTION 2001-024 THE CITY OF SEWARD, ALASKA T /L _ ,I--^-, ~ , Edgar Blatchford, Mayor AYES: NOES: ABSENT: ABSTAIN: Blatchford, Calhoon, Clark, King, Oa, Shafer None Brossow None ATTEST: r~ \ Patrick Reilly ~ City Clerk (Ci~tit1lf~"" ....'.\\ Of SE~"'#. ....<i-~ ......... ~....-~,~ .. ....OORA.~..,.,.-^ ~ ~ (j ....0'" . ..,n', '" ~ ::...:r; ~~. '=' _ :$ ....... '0\ ~ . . . 5.1 SEAL ie: .. . i :: ~\-!I .. '. ~ .......~ ,. 1! .0..... 'II ........ ,. f#. - ~ '. 1 -'.' "#. .,,.,::.....a..:...ffj~, ~,~ c::- OF ",V;"..", 'I,,,..,,..,\: