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HomeMy Public PortalAbout86-102RESOLUTION NO. 86-102 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON APPROPRIATING UNEXPENDED 1984-85 FUNDS TO FISCAL YEAR 1986-87 INSURANCE FUNDS WHEREAS, the City Council desires to amend the adopted budget for fiscal year 1984-85 by appropriating unexpended funds in the sum of $875,507.26 to the fiscal year 1986-87 Insurance Funds; NOW, THEREFORE, BE IT RESOLVED: Section 1. The unexpended funds in the 1984-85 budget in the amount of $875,507.26 are hereby appropriated to the Insurance Funds for fiscal year 1986-87. Section 2. The sum of $875,507.26 appropriated to the 1986-87 Insurance Funds is allocated as follows: Insurance Contingency Fund $500,000.00 Required For Self -Insurance Program Liability Insurance Revolving Fund 375,507.26 Required For Claims Coverage TOTAL INSURANCE REQUIREMENTS $875,507.26 PASSED, APPROVED and ADOPTED this 2nd day of September 1986. MAYOR ATTEST: CITY CLERK APPROVED AS TO FORM: .az CITY ATTORNEY STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF CARSON ) I, Helen S. Kawagoe, City Clerk of the City of Carson, California, do hereby certify that the whole number of members of the City Council of said City is five; that the foregoing resolution, being Resolution No. 86-102 was duly and regularly adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 2nd day of September, 1986, and that the same was so passed and adopted by the following vote: AYES: COUNCIL MEMBERS: Calas, DeWitt, Mills and Miise NOES: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Egan A7Xla_ Ci`6y Clerk, City of Carson California