HomeMy WebLinkAboutResolutions - 1988.10.13 - 17382December 15, 1988
MISCELLANEOUS RESOLUTION 88307
BY: FINANCE COMMITTEE, DR. G. WITTJAM CADDELL, CHAIRPERSON
IN RE: RISK MANAGEMENT - WORKERsi COMPENSATION IMPREST CASH ACCOUNT ADJUSTMENT
TO THE OAELAND COUNTY BOARD OF COMMISSIONERS
Mt. Chairperson, Ladies and Gentlemen:
WHEREAS Fred S. James and Company has been retained to assist in
administration of workers compensation claims; and
WHEREAS Miscellaneous Resolution #88002 authorized an advance of $50,000
for claims payment; and
WHEREAS the average monthly claims have increased to the point that an
additional advance of funds is required to meet the County's statutory
obligations; and
WHEREAS Risk Management estimates the increase of $50,000, for a total
$100,000 will be sufficient to cover monthly claims payments; and
WHEREAS funds are available in the Workers' Compensation Fund; and
WHEREAS the Board of Commissioners requires notification and approval of
all cash advances;
NOW THEREFORE BE IT RESOLVED that the Board of Commissioners authorizes a
total advance of $100,000 for payment of workers'compensation claims on behalf
of the County of Oakland.
BE IT FURTHER RESOLVED that funds be transferred within the Workers'
Compensation Fund as follows:
1-73510-001-001 Cash Operating $(50,000)
1-73510-060-001 Imprest Cash 50,000
$ -0--
Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of
the foregoing resolution.
FINANCE COMMITTEE
I HER Y APPROVE THE FOREGOING RESOLUTION
DaTtiet T. Murph County E kutivt,f Date
RESOLUTION # 88307
December 1, 1988
Moved by Caddell supported by Moffitt the resolution be adopted.
AYES: R. McPherson, Moffitt, Oaks, Pernick, Rewold, Rowland, Skarritt,
Wilcox, Aaron, Caddell, Calandra Crake, Gosling, Hobart, Jensen, R. Kuhn, S. Kuhn,
Lanni, Law, Luxon,McConnell, A. McPherson. (22)
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 the attached resolution,
adopted by the Oakland County Board of Commissioners at their regular meeting
held on December 1 , 19 88 with the original record thereof now remaining
on file 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 this 1st day of December , 1988
LYNO/D. ALLEN, County Clerk
Register of Deeds
Deputy Clerk