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HomeMy WebLinkAboutMO #3068MUNICIPAL ORDER NO. 3068 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 $1,239,144.92 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 $1,239,144.92 for Workers' Compensation, Liability Insurance, and Property Insurance Coverage for the City of Paducah for Fiscal Year ending June 30, 2026, for the following policies: Workers' Compensation $307,503.03 Liability Insurance $739,367.19 Property Insurance $192,274.70 All deductible and liability limits will remain the same from last year. SECTION 2. This expenditure shall be charged to the Insurance Fund accounts. The Health Department will reimburse $4,046.87 for property expenses associated with coverage of the Health Department. Paxton Park Golf Course will reimburse $5,670.63 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 FY2026 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. George Bray, Mayor ATT ST: dsay Parish, ity Clerk Adopted by the Board of Commissioners, July 8, 2025 Recorded by Lindsay Parish, City Clerk, July 8, 2025 \mo\insurance — kle 1}2026