HomeMy WebLinkAboutMO #2750MUNICIPAL ORDER NO. 2750
A MUNICIPAL ORDER AUTHORIZING THE FINANCE DIRECTOR
TO PAY KENTUCKY LEAGUE OF CITIES FOR WORKERS'
COMPENSATION, LIABILITY INSURANCE, AND PROPERTY
INSURANCE COVERAGE IN A TOTAL AMOUNT OF $1,225,726.76
FOR THE CITY OF PADUCAH AND AUTHORIZING THE MAYOR
TO EXECUTE ALL DOCUMENTS RELATED TO SAME
BE IT ORDERED 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 $1,225,726.76 for
Workers' Compensation, Liability Insurance, and Property Insurance Coverage for the
City of Paducah for Fiscal Year ending June 30, 2024, for the following policies:
Workers' Compensation $431,982.40
Liability Insurance $663,867.57
Property Insurance $129,876.79
SECTION 2. This expenditure shall be charged to the Insurance Fund
accounts. The Health Department will reimburse $3,213.65 for property expenses
associated with coverage of the Health Department. Paxton Park Golf Course will
reimburse $5,505.00 for property expenses associated with the Golf Park Course.
SECTION 3. That the City of Paducah hereby authorizes the Mayor to
execute all documents related to the Kentucky League of Cities Worker's Compensation,
Liability Insurance and Property Insurance Coverage for FY2024 as authorized in Section
1 above.
SECTION 4. This Order shall be in full force and effect from and after
the date of its adoption. �A
George Bray, Mayor
ATT:`
dsay Parish, ty Clerk
Adopted by the Board of Commissioners, June 27, 2023
Recorded by Lindsay Parish, City Clerk, June 27, 2023
\mo\insurance — klc f}2024