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HomeMy WebLinkAboutResolutions - 1996.07.18 - 24756MISCELLANEOUS RESOLUTION #96165 BY: FINANCE AND PERSONNEL COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: RISK MANAGEMENT - WORKERS' COMPENSATION THIRD PARTY ADMINISTRATION IMPREST CASH ACCOUNT FOR THE ACCIDENT FUND TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Chairperson, Ladies and Gentlemen: WHEREAS Miscellaneous Resolution #88002 authorized the establishment of an imprest cash account for the Administrator of the Workers' Compensation Fund; and WHEREAS the firm of Accident Fund has been retained in that capacity; and WHEREAS $100,000 is needed to adequately fund the imprest cash; and WHEREAS funds are available in the Fringe Benefit Fund; and WHEREAS the Board of Commissioners requires notification and approves all cash advances. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorizes the advancement of $100,000 for the payment of Workers' Compensation claims. BE IT FURTHER RESOLVED that funds be transferred within the Fringe Benefit Fund as follows: Fringe Benefit Fund 1-73500-001-001 Cash Operating ($100,000) 1-73500-060-003 lmprest Cash (Accident Fund) 100,000 $ - Chairperson, on behalf of the Finance and Personnel Committee, I move the adoption of the foregoing resolution. FINANCE AND PERSONNEJeCOMMITTE In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 18th daytouly . Lynn D. Allen, County Clerk Resolution #96165 July 18, 1996 Moved by Douglas supported by Devine the resolution be adopted. AYES: Garfield, Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Moffitt, Obrecht, Palmer, Pernick, Powers, Schmid, Taub, Wolf, Amos, Crake, Devine, Dingeldey, Douglas. (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, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on July 18, 1996 with the original record thereof now remaining in my office.