Loading...
HomeMy WebLinkAbout2166City of Kent from the desk of MIKE WEBBY Assistant to the City Administrator r: r r rrg� °F- r. Yf `i JOHN SPELLMAN Governor STATE OF WASHINGTON DEPARTMENT OF LABOR AND INDUSTRIES General Administration Building • Olympia, Washington 98504 February 3, 1984 Gerald M. Winkle Finance/Personnel Director City of Kent P.O. Box 310 Kent WA 98031 RE: 700,251--00-2 Dear Mr. Winkle, SAM KINVILLE Director As part of the certification process to become a self-insured employer, the City of Kent was required to establish a reserve account in the amount of $100,000.00. However, due to a recent departmental change, this requirement has been dropped. There- fore, the Department, by means of this written notice, hereby releases the City of Kent from the obligation of maintaining this reserve account. If you have any questions regarding this matter, please feel free to contact this office. Sincerely, I Larry J. Wilkinson Assistant Chief Auditor Self Insurance LJW:1jh G � 3 ORDINANCE NO. 2 1 Vd � AN ORDINANCE determining that the City of Kent, Washington should provide for a program of industrial insurance, or workmens' compensation, through self insurance; authoriz- ing and directing the City Administrator to, on behalf of the City, make application to the De- partment of Labor and Industries for certifi- cation of the'City as a self insurer, enter into an agreement with a qualified insurer for such insurance coverage, enter into an agreement for risk management services, and execute a surety bond in accordance with RCW Chapter 51.14; and creating a new fund to be known as the Workmens' Compensation Fund, and appropriating monies thereto. WHEREAS the City Council finds that it is in the best interests of the City to provide a program of industrial insuranc( or workmens' compensation, for its employees through a program of self-insurance, as authorized by RCW Chapter 51.14; and WHEREAS the City Council finds that it is necessary to establish a separate fund for said program, to be designated the "Workmens' Compensation Fund"; and WHEREAS it is necessary to appropriate monies to said fund to pay the costs and expenses of said program; and WHEREAS the City Council finds that unexpended monies are available in the Current Expense Fund which can be reappro- priated to said "Workmens' Compensation Fund"; and WHEREAS the City Council finds that it is in the best interest of the City that the appropriation to the Current Expe Fund contained in the 1979 Budget be decreased by the amount of $100,000, and said amount thus released be appropriated to the "Workmens' Compensation Fund", NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO HEREBY ORDAIN AS FOLLOWS: Section 1. The City Administrator or his designee is hereby authorized and directed to, on behalf of the City, make application to the Washington State Department of Labor and In- dustries for certification as a qualified self insurer. Section 2. The City Administrator or his designee is hereby authorized and directed to enter into an agreement, on be- half of the City, with a qualified insurer authorized to do bus- iness in the State of Washington for reinsurance of all or a por- tion of the City's liability for workmens' compensation payments, as authorized by RCW 51.14.020(5), and is further authorized and directed to enter into an agreement, on behalf of the City, with a qualified firm for risk management services in connection with said self-insurance program. Section 3. The City Administrator or his designee is hereby authorized and directed to execute, on behalf of the City, a surety bond written by a company admitted to transact surety business in the State of Washington, in such amount and such form as may be required by the Director of the Department of Labor and Industries in accordance with RCW Chapter 51.14. Section 4. There is hereby created and established a special fund, to be designated and known as the "Workmens' Com- pensation Fund," into which monies shall be placed from time to time from available sources designated by the City Administrator or provided for in the annual budget. Monies placed in said Fund may be used, and the appro- priate administrative officials are hereby authorized to expend said funds, for the following purposes: 1) Paying any liabilities of the City for compensation incurred as a self -insurer hereunder. 2) Paying any premiums or other costs for reinsurance and surety bonds as may be authorized or required by RCW Chapter 51.14. 3) Paying the City's prorata share of the state fund deficit as determined by the Director of the Department of Labor and Industries. 4) Maintaining a reserve for payment of compensation and assessments as required by RCW Chapter 51.14. - 2 - 5) Paying any other costs and expenses for the operation and maintenance of the self-insurance program hereunder established. Section 5. The appropriation to the Current Expense Fund set forth in the 1979 Budget is hereby decreased in the amount of $100,000, and said amount thus released is hereby re - appropriated to the Workmens' Compensation Fund. No portion of said $100,000 shall be used for operational expenses of the City's self-insurance program, but rather the entire amount shall be invested by the City in accordance with rules and regulations of the Department of Labor and Industries and shall be used solely for the purposes provided for by said Department. Section 6. This Ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. r ISAB L OCAN,()MAYOR ATTEST: MARIE JENS , CITY CLERK ROVED AS TO FORM: DONALD E. MIRK, CITY ATTORNEY PASSED the / day of June, 1979. APPROVED the day of June, 1979. PUBLISHED the day of June, 1979. I hereby certify that this is a true copy of Ordinance No. ��, passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. (SEAL) MA JENSEEN, CITY CLERK - 3 -