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HomeMy WebLinkAbout2011-7-7837ORDINANCE NO. 2011-7-7837 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 $866,597 for Workers' Compensation, Liability Insurance, and Property Insurance Coverage for the City of Paducah for Fiscal Year ending June 30, 2012, for the following policies: account. Workers' Compensation $246,505.00 Liability Insurance $489,440.00 Property Insurance $130,652.00 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: k- Tammara �J � &9c S. Brock, City Clerk Introduced by the Board of Commissioners, July 12, 2011 Adopted by the Board of Commissioners, July 26, 2011 Recorded by Tammara S. Brock, City Clerk, July 26, 2011 Published by The Paducah Sun, July 30, 2011 \ord\pers\insurance — klc fy2012