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HomeMy WebLinkAbout2004-7-6840ORDINANCE NO. 2004-7-6840 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 $1,015,142.00 for Workers' compensation, Property and Liability Insurance for the City of Paducah for Fiscal Year ending June 30, 2005, for the following policies: Workers' Compensation $374,545.00 Property Insurance $ 89.082.00 Liability Insurance $551,515.00 SECTION 2. The Mayor is hereby authorized to execute a contract with Kentucky League of Cities for services authorized in Section 1 above. r SECTION 3. This expenditure shall be charged to Insurance Fund account. SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication ATTEST: jan� AA,4 Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 22, 2004 Adopted by the Board of Commissioners, July 13, 2004 Recorded by Tammara S. Brock, City Clerk, July 13, 2004 Published by The Paducah Sun, July 20, 2004 \ord\pers\insurance — klc fy2005 197