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HomeMy WebLinkAbout1991-OR-42ORDINANCE NO. 91-OR-42 ORDINANCE ESTABLISHING A UNIFIED LINE ITEM FOR CITY OF JEFFERSONVILLE LIABILITY AND WORKER'S COMPENSATION INSURANCE IN THE BUDGET OF THE cOMMON COUNCIL OF THE CITY OF JEFFERSONVILLE is for the various departments jeffersonville, Indiana; and, WHEREAS, the Common Council of the City of jeffersonville the entity responsible for formulating and adopting budgets and operations of the City of WHEREAS, the Common Council has previously operated under a cumbersome policy of dividing up ~he respective shares of the liability and worker's compensation insurance premiums between the various departments of the City, necessitating numerous transfers and making prudent budgeting otherwise more difficult than necessary. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of jeffersonville that it hereby establishes a fund in the Common Council budget for the premiums for all liability and worker's compensation insurance policies issued to the City of jeffersonville as the named insured. Commencing with the budget for fiscal year 1992 the Common Council shall appropriate an amount sufficient to defray the anticipated cost of funding the respective liability and worker's compensation insurance policies purchased by the City for 1992 and for each ensuing fiscal year. Henceforth, the premiums for said policies shall not be broken down and divided among the various departments of the City. This ordinance shall be in full force and effect upon its timely passage, promulgation and approval by the Mayor. Passed and adopted by the Common Council of the City of jeffersonville, Clark County, Indiana, on the 31st day of July, / JAMES L. CARTE PRESIDENT, COMMON COUNCIL ATTEST: CLERK-TREASURE~ ~ Presented by me City of Jeffersonville 1991. This Ordinance dayof ~ as Clerk-Treasurer to the Mayor of said this ~/ day of ~-~(~ _, approved and signed by me this __~! MAYOR DALE L. OREM