HomeMy WebLinkAboutReso 1988-13603 Revised 6/2/88
RESOLUTION NO. 13603
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE TRANSFER OF FUNDS IN
THE INSURANCE BUDGET AND AUTHORIZING
EXPENDITURE OF THESE FUNDS TO PURCHASE CAPITAL
EQUIPMENT FOR THE RISK MANAGEMENT DIVISION OF
PERSONNEL
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the Public Liability Insurance premium for FY
1987-88 is ,127,700 less than what was budgeted, and
WHEREAS, the reduction in premium is a result of the
City's participation in SANDPIPA (San Diego Pooled Insurance
Program Authority) with ten other San Diego County cities, where
the Authority has achieved funding stability through the adoption
of a funding model which provides short and long term protection
for participating members, and
WHEREAS, the immediate net effect of adopting the
funding model was a reduction in premium amounts, and
WHEREAS, the Personnel Department is proposing to expend
$9,886 of the surplus funds to purchase two needed capital items
for the Risk Management Division:
(1) a stand-alone personal computer, printer,
workstation, general liability claims tracking
software system, and
(2) a typewriter.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby approve the transfer of
,9,886 from the Insurance Budget Account 100-0700-5233 to Account
100-0700-5566 and authorize the expenditure of said funds to
purchase capital equipment for the Risk Management Division of
Personnel.
Presented by Approved as to form by
4243a
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 7th day Of June
~9 88 , by the following vote, to-wit:
AYES: Counci]members McCandliss, Nader, Malcolm, Cox, Moore
NAYES: Counc~ ] members None
ABSTAIN: Cound ]members None
ABSENT: Counc~ ] members None
~y/~he j~' of~hulo
City Vista
ATTEST~ Cle~rk, ~
S'IATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chulo Visto, Colifornia,
DO HEREBY CERTIFY thor the obove ond foregoing is 0 full, true ond correct copy of
RE SOL UT ZON N0. 13603 ,ond thot the same hos not been omended or repeoled.
DATED
City Clerk
CI'lW OF
CHUIA VISTA
c C - 660 ,,/,,~6