Title
RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT WITH THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY (DEDA) RELATING TO PARTICIPATION BY DEDA IN THE CITY OF DULUTH SELF INSURANCE FUND PROGRAM FOR 2016.
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 Agreement on file in the office of the city clerk, which allows DEDA to participate in the city’s self-insurance fund program during 2016; DEDA funds in the amount of $7,000 to be deposited into self-insurance fund Fund 610 (self-insurance liabilities fund), Agency 036 (insurance accounts), Organization 1656 (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 2016.