HomeMy WebLinkAboutResolutions - 1986.06.12 - 10797MISCELLANEOUS RESOLUTION: 86167 June 12, 1986
APPROVE THE FOREGOING RESC!..!_
BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON
IN RE: CENTRAL SERVICES DEPARTMENT - APPROPRIATION TRANSFER FOR LIABILITY INSURANCE
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS resolution #85369 authorized award of a contract to Gallagher Bassett
Services, Inc., to provide services including claims settlement for Comprehensive
General Liability, Police Liability, Auto Liability, Medical Malpractice, and
Public Officials Liability; and
WHEREAS $2,695,130 has been provided in the 1986 Budget for Liability cover-
age; and
WHEREAS funding of $2,562,573 is currently budgeted in Reserve for Transfer -
Insurance and Surety Bond with the balance of funds appropriated within depart-
mental budgets; and
WHEREAS funding must be moved from "Reserve for Transfer" to "Nondepartmental"
categories to be available for claims settlement; and
WHEREAS distribution back to cost centers will be reviewed and may require
future budget amendments.
NOW THEREFORE BE IT RESOLVED that the Board of Commissioners appropriates
funds as follows:
4-10100-909-01-00-9104 Reserve for Transfer S(50,000)
Insurance & Surety
Bonds
4-10100-901-01-00-9104 Insurance & Surety 50,000
Bonds
BE IT FURTHER RESOLVED that settlements in excess of $10,000 shall be
brought to the Finance Committee and any settlements under $10,000 may be settled
by Gallagher Bassett, Services, Inc.
Mr. Chairperson, on behalf of the Finance Committee, I move the adoption
of the foregoing resolution.
FINANCE COMMITTEE
$ -0 -
this
#86167 June 12, 1986
Moved by Caddell supported by Nelson the resolution be adopted.
AYES: McPherson, Moffitt, Nelson, Olsen, Page, Perinoff, Pernick, Price,
Rowland, Skarritt, Webb, Wilcox, Aaron, Caddell, Calandro, Fortino, Gosling,
Hassberger, Hobart, R. Kuhn, S. Kuhn, Lanni, Law, McConnell. (24)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of. the County of Oakland and having a seal,
do hereby certify that I have compared the annexed copy of
this Miscellaneous Resolution adopted by the Oakland County Board of Commissioners
at their meeting held on June 12, 1986
with the orginial record thereof now remaining in my office, and
that it is a true and correct transcript therefrom, and of the
whole thereof.
In Testimony Whereof, I have hereunto set my hand and affixed the
seal of said County at Pontiac, Michigan