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HomeMy WebLinkAbout2016-07-8385ORDINANCE NO. 2016-7-8385 AN ORDINANCE AUTHORIZING THE FINANCE DIRECTOR TO PAY KENTUCKY LEAGUE OF CITIES FOR WORKERS' COMPENSATION, LIABILITY INSURANCE, AND PROPERTY INSURANCE COVERAGE FOR THE i CITY OF PADUCAH BE IT ORDAINED 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 $1,092,016.26 for Workers' Compensation, Liability Insurance, and Property Insurance Coverage for the City of Paducah for Fiscal Year ending June 30, 2017, for the following policies: account. Workers' Compensation $403,049.45 Liability Insurance $538,568.48 Property Insurance $150,398.33 SECTION 2. This expenditure shall be charged to the Insurance Fund SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: J&Mry" Ili Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, June 28, 2016 Adopted by the Board of Commissioners, July 5, 2016 Recorded by Tammara S. Sanderson, City Clerk, July 5, 2016 Published by The Paducah Sun, July 8, 2016 \ord\pers\insurance — klc fy2017