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HomeMy WebLinkAbout2001-7-6390ORDINANCE NO. 2001-7--439e) AN ORDINANCE ACCEPTING THE PROPOSAL OF KENTUCKY LEAGUE OF CITIES IN THE AMOUNT OF $812,307.00 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 $812,307..00 for Worker's Compensation, Property and Liability Insurance for the City of Paducah for Fiscal Year ending June 30, 2002, for the following policies: Workers' Compensation $316,021.00 Property Insurance 52,901.00 General Liability 126,578.00 Public Officials 51,145.00 Law Enforcement Liability 73,949.00 Auto Liability & Phy. Dam. 191,713.00 Total $812,307.00 SECTION 2. The Mayor is hereby authorized to execute a contract with Kentucky League of Cities for services authorized in Section 1 above. SECTION 3. This expenditure shall be charged to Insurance Fund 072. SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor o - ATTEST: City C erk Introduced by the Board of Commissioners July 10, 2001 Adopted by the Board of Commissioners July 24, 2001 Recorded by Lenita Smith, City C.1erk, July 24, 2001 Published by The Paducah Sun a/ a vo ord/ins 109