File #: 19-0831R    Name:
Type: Resolution Status: Passed
File created: 11/25/2019 In control: Finance
On agenda: 12/9/2019 Final action: 12/9/2019
Title: RESOLUTION AUTHORIZING AN AGREEMENT WITH THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY (DEDA) RELATING TO PARTICIPATION BY DEDA IN THE CITY OF DULUTH SELF-INSURANCE FUND PROGRAM FOR 2020.
Attachments: 1. Exhibit A

Title

RESOLUTION AUTHORIZING AN AGREEMENT WITH THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY (DEDA) RELATING TO PARTICIPATION BY DEDA IN THE CITY OF DULUTH SELF-INSURANCE FUND PROGRAM FOR 2020.

 

Body

CITY PROPOSAL:

                     RESOLVED, that the proper city officials are hereby authorized to execute an agreement with DEDA, substantially in the form of the attached Exhibit A, which allows DEDA to participate in the city’s self-insurance fund program during 2020; DEDA funds in the amount of $7,350 to be deposited into self-insurance fund 610 (self-insurance liabilities fund), Agency 036 (insurance accounts), Organization1656 (DEDA), Object 4904 (liabilities insurance charges).

 

Statement of Purpose

STATEMENT OF PURPOSE:  This resolution approves an agreement with DEDA which sets forth the terms and conditions of its participation in the city’s self-insurance fund for general liability coverage during 2020.