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HomeMy WebLinkAbout2005-6-6983ORDINANCE NO. 2005-6-6983 AN ORDINANCE ACCEPTING THE PROPOSAL OF KENTUCKY LEAGUE OF CITIES FOR WORKERS' COMPENSATION, PROPERTY AND LIABILITY INSURANCE 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 $1,153,980.00 for Workers' Compensation, Property and Liability Insurance for the City of Paducah for Fiscal Year ending June 30, 2006, for the following policies: Workers' Compensation $493,896.00 Property Insurance $ 99,619.00 Liability Insurance $560,465.00 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: S �%n1 /Y Ow&OA Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 14, 2005 Adopted by the Board of Commissioners, June 28, 2005 Recorded by Tammara S. Brock, City Clerk, June 28, 2005 Published by The Paducah Sun, July 7, 2005 \ord\pers\insurance — klc fy2006 �r L 435