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HomeMy WebLinkAbout80-10-2014852 ORDINANCE NO. 80-10-2014 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO PURCHASE WORK- MEN'S COMPENSATION INSURANCE FOR EMPLOYEES OF THE CITY OF PADUCAH, KENTUCKY FOR 1980-1981 THROUGH THE KENTUCKY ASSOCIATION OF COUNTIES - KENTUCKY MUNICIPAL LEAGUE SELF INSURANCE FUND WHEREAS, the Kentucky Associsation,_.of'Counties and the Kentucky Municipal League have a self insurance fund which provides complete coverage in accordance with Kentucky Workmen's Compensation law for employees 'of municipalities, and WHEREAS, the aforesaid fund offers to the City of Paducah a substantial reduction in premiums as well as other benefits for improving its experience ratings. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City Manager be, and he is hereby, authorized to purchase Workmen's Compensation insurance from the Kentucky Association of Counties - Kentucky Municipal League's self insurance fund, covering employees of the City of Paducah, Kentucky, from July 1, 1980 through June 30, 1981, for an annual estimated sum of $224,908.00, and such additional sums as may be required for payroll increases above the payroll for the preceeding year. SECTION.. 2_ This- ordinance;.sha..la.be read on two separate days and will be effective upon publication of title and a certified summary thereof. Mayor Introduced by the Board of Commissioners October 28, 1980 Passed by the Board of Commissioners November 11, 1980 Recorded by Louise McKinney, City Clerk, November 11, 1980 Published by The Paducah Sun November 17, 1980.