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HomeMy WebLinkAbout2003-8-6680550 ORDINANCE NO. 2003-8-6680 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 r` 1, 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 $928,096.00 for Workers' compensation, Property and Liability Insurance for the City of Paducah for Fiscal Year ending June 30, 2004, for the following policies: Workers' Compensation $308,429.00 Property Insurance $ 84,445.00 Liability Insurance $535,222.00 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 pu ATTEST: Amak Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, August 12, 2003 Adopted by the Board of Commissioners, August 26, 2003 Recorded by Tammara S. Brock, City Clerk, August 26, 2003 Published by The Paducah Sun, September 3, 2003 \ord\pers\insurance — klc fy2004