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HomeMy WebLinkAbout2014-08-816742 ORDINANCE NO. 2014-8-8167 AN ORDINANCE AUTHORIZING THE FINANCE DIRECTOR TO PAY KENTUCKY LEAGUE OF CITIES FOR WORKERS' COMPENSATION, LIABILITY INSURANCE, AND PROPERTY INSURANCE COVERAGE FOR THE CITY OF PADUCAH BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby authorizes the Finance Director to pay Kentucky League of Cities in the total amount of $951,770.62 for Workers' Compensation, Liability Insurance, and Property Insurance Coverage for the. City of Paducah for Fiscal Year ending June 30, 2015, for the following policies: account. Workers' Compensation $307,604.07 Liability Insurance $500,094.40 Property Insurance $144,07215 SECTION 2. This expenditure shall be charged to the Insurance Fund SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: J, 4-94—aix— Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, July 22, 2014 Adopted by the Board of Commissioners, August 12, 2014 Recorded by Tammara S. Sanderson, City Clerk, August 12, 2014 Published by The Paducah Sun, August 19, 2014 \ord\pers\insurance – klc fy2015