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HomeMy WebLinkAbout2009-7-7580ORDINANCE NO. 2009-7-7580 AN ORDINANCE ACCEPTING THE PROPOSAL OF KENTUCKY LEAGUE OF CITIES FOR WORKERS' COMPENSATION, LIABILITY INSURANCE, AND PROPERTY INSURANCE COVERAGE FOR THE CITY OF PADUCAH, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The City accepts the proposal of Kentucky League of Cities in the total amount of $962,427 for Workers' Compensation, Liability Insurance, and Property Insurance Coverage for the City of Paducah for Fiscal Year ending June 30, 2010, for the following policies: Workers' Compensation $294,978.00 Property Insurance $135,835.00 Liability Insurance $531,614.00 SECTION 2. The Mayor is hereby authorized to execute a contract with Kentucky League of Cities for services authorized in Section 1 above. account. SECTION 3. This expenditure shall be charged to Insurance Fund SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: / JY jWWMM4L AZ Ck Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 23, 2009 Adopted by the Board of Commissioners, July 14, 2009 Recorded by Tammara S. Brock, City Clerk, July 14, 2009 Published by The Paducah Sun, July 20, 2009 \ord\pers\insurance — klc fj2010