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HomeMy WebLinkAboutCC Ord 1034 1978-04-24 .' I I I '. " ORDINANCE NUMBER / //!31' AN ORDINANCE OF THE CITY OF 'SEAL BEACH AMENDING THE SEAL BEACH MUNICIPAL CODE BY ADDING SECTION 2-92 ESTABLISHING A LIABILITY INSURANCE RESERVE FUND. THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES ORDAIN AS FOLLOWS: Section 1. The Seal Beach Municipal Code is hereby amended by adding thereto Section 2-92 to read as follows: Liability Insurance Reserve Fund. A "Liability Insurance Reserve Fund" 1S hereby created, with an initial deposit of $300,000. Such fund shall receive as additional revenues, those amounts from those sources as designated by and appropriated by the City Council. Disbursements from such fund shall be made only for the following purposes: a. To pay approved liability claims against the City which are within the self-insured limits set by Council, or which fall outside of the scope of coverage provided by the City's excess insurance. b. To pay costs associated with liability claims which are within the self-insured limits set by City Council. These costs cover legal costs, risk management costs including costs for loss prevention programs, insurance analyst services, claims, settlements, additional special investigation costs services, and other related costs. All payments from this fund shall be approved by the City Council. PASSED, APPROVED and ADOPTED by the City coufi ~ of the CitY4/eal Beach, at a regular meeting thereof held on the PI !!... day of '?/J-f , 1978. ATTEST: ~.,._,9.~~ Mayor q..<-L-r Y/ L:v ''1:.':1 lerk . .1 .. .' I I I '. Page Two - Ordinance Number ItJ34 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) ~ I, Jerdys Weir, duly elected City Clerk of the City of Seal Beach and ex-officio clerk of the Seal Beach City Council, do hereby certify to the passage and adoption of the foregoing or~~ance by the~ty Council at a regular meeting thereof held on the ~# - day of ~ ' 1978, by the following vote: ~ AVES, Co"ocn~,~), 11,,#. ~""/~, t J.~ MOES, C'""'1m'~~ . ABSENT: Counc11men~ ,d. t I I PROOF OF PUBLICATION (2015.5 C.C.P.) STATE OF CALIFORNIA. County of Orange I am a citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years. and not a party to or interested in the above-entitled matter, I am the principal clerk of the printer of the ........~.~..~fll]..~~.................. .................................................... a newspaper of general circulation. printed and published '" .~~~..................... In the City of ...~~~.~~J:1................. County of Orange. and which news- paper has been adjudged a newspaper of general circulation by the Superior Court of the County of Orange. State of California. under the date of..?:-:*... 197.~... Case Number ..-k~??~?....; that the notice. of which the annexed is a printed copy (set in type not smaller than nonpareil). has been published in each regular and entire issue of said newspaper and n,ot In any supplement thereof on the following dates. to-wit: " ............... M!llY...:V?,A.......................... all In the year 19..7~. I certify (or declare) under penalty of perjury that the foregoing is true and correct. Dated at .....~.~.~~~J:1...................... California. this..JJ.:Iit1...day of~.... 19 ..7~ Q'" ." ~ ......U t!>~ "'Si9j,at~.,:e...................... Fr.. copies of this blank form mly be secured from: CALIFORNIA NEWSPAPER SERVICE BUREAU, INC. Legal Advertising Clearing House 210 South Spring St.. Los Angeles. Calif. 90012 Telephone: 625-2141 Pletle reCluestGENEA:AL Praolo' PubllCltlon when orderlnCl this form. J') This space is for the County Clerk's FIling Stamp ~ Proof of Publication of ............. .~~ /t.l:9?~.......... ............. .......................................................... Paste Clipping of Notice SECURELY In This Space ...- .--- - ORDINANCE NUMBER 1034 AN ORDINANce OF THE CITY OF ~EAL iEA:ICH AMENDING THE SEAL BEACH MUNICIPAL CODE BV AODING SECTION.-12 ESTABLISHING A LIABILlTV INSURANCE RESERVE FUND 'Sect " The Seal Beach MuniCipal Code II hereby amended by a:khng ~, fo'" , thereto Sectloln 2-9:2 to reed 88 ows 4 RIIerve Fund A "liability Insurance Reserve Fund" 1 I ~ r.=~=':':th an Initial d~1t of $3OOh ,000. SuCh..fundd....hg.n1at' :"by,vean amounts from t Ole sources &':r":t:V:U:e '&c: CounCil. Disbursements from such fund shall I I m~e only for the follOWing purposes, .; I . roved liability claims against the CIty whICh are wlthlD the.l .' ~~~n::red ~~mlts set by CounCil, or which fall oulslde of the stOP.... I coverage provided by the City's excess Insur~ ~ b To pay CDSts associated With liability claims which are I within t,h: 'I ' ' CounCil These'costs cover lega COlts, r 8 ~:;~s;.~th=I ~CI~I~t~ts for loss prevention programl.~rsu= Malyst aervldcea"hc..'..m.',et' Betod t=:"t~lIad:;~~~tsS~~1 ;~:t'~~d ~aJl be 'tBrVIC8I, an 0 r. I apprOved by the aty CounCil : PASSED APPROVED end ADOPTED by the City Counclf of the Clly of Seal I Beach. ai a regular meeting thereof held on the 24th day of Api'll ATTE- ST' Thoma E Blackman I ' . Mayor ",,:'-itl.idi.w8Jr .. Clerk $ATE OF CALlFORNIAI .8ClUNTY OF ORANGEI ss: XITY OF SEAL BEACH) ~~#::fgl~},1i~Jo{ffi~;~~~ ~Ing vote: . ~, la8Z! WEelr "AYES' CounCilmen Blackman. Gray. Kredell, a, NOES. Councilmen None ABSENT; Coullellmen None ~ ~,,,:~. Jerdr. Weir C. y Clerk Du.bhshed May 10, 1978