HomeMy WebLinkAboutReso 1998-18946 RESOLUTION NO. 18946
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROPRIATING $400,000 FROM THE
UNAPPROPRIATED FUND BALANCE OF THE PUBLIC LIABILITY
FUND TO THE INSURANCE BUDGET FOR PAYMENT OF COSTS
AND EXPENSES ASSOCIATED WITH CLAIMS AGAINST THE
CITY AS MAY BE AUTHORIZED BY CITY COUNCIL THROUGH
JUNE 30, 1998
WHEREAS, during the annual budget process, funds are appropriated in the Insurance
budget to pay costs and expenses related to liability claims against the City; and
WHEREAS, these budget estimates are based on prior years' experience and
anticipated expenditures based on known claims during the budget preparation process; and
WHEREAS, this fiscal year the City has experienced extraordinary claim defense
expenses and settlement costs that were not anticipated during the preparation of the current
year budget; and
WHEREAS, as a result, the Insurance budget appropriations cannot absorb these
expenditures and it is necessary to appropriate additional funds to the Insurance budget.
NOW, THEREFORE, BE IT RESOLVED the City Council of the C~ty of Chula V~sta does
hereby appropriate $400,000 from the unappropriated fund balance of the Public Liability
Fund to the Insurance budget for the payment of costs and expenses associated with claims
against the City as may be authorized by the City Council through June 30, 1998.
Presented by Approved as to form by
Human Resources Director J'~y~ttorney
Resolution 18946
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 7th day of April, 1998, by the following vote:
AYES: Councilmembers: Moot, Padilia, Salas and Horton
NAYES: Councilmembers: None
ABSENT: Councilmembers: Rindone
ABSTAIN: Councilmembers: None
Shirley Hor~,~Mayor
ATTEST:
Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that
the foregoing Resolution No. 18946 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 7th day of April,
1998.
Executed this 7th day of April, 1998.
~uthel~'et, City Cler~z"'~k~7;~