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HomeMy WebLinkAboutord1994-058W2YATCOM COUNTY COUNCIL AGENDA BILL NO. q4 -472 CLEARANCES Initial Date Date Received in Council Office: Agenda date Assigned to: Originator. L.H. Mans 8 /18 /� 9/13/94 Intro Council Division Head: 9/27/94 Finance /Council Dept. Head: ?,V-qt SEP 10/4/94 Council Prosecutor. Purchasing/Budget: WHAT OM COUNW- Executive: b 0 SUBJECT.• An ordinance amending Ordinance #84 -14, which is the ordinance establishing a revolving checking account for the industrial insurance fund. ATTACHMENTS. One amendment to Whatcom County Ordinance #84 -14. SUMMARY STATEMENT. Please complete sections of box as appropriate & explain the item below. Related county contract #: NA Should Clerk schedule a hearing? No /X/ Yes/ / Requested date: Amount budgeted for this item /project: NA Is it (or will it be) within budget? Yes /X/ No/ / (Please explain below) Budget line item number(s): NA .ttached you will find a proposed ordinance amending Whatcom County Ordinance #84 -14. The purpose of the proposed amendment is to provide sufficient funds in the revolving checking account for the industrial insurance fund to meet monthly financial obligations. ORIGINATOR'S RECOMMENDED ACTION.• Recommend to approve. COMMITTEE ACTION TAKEN: COUNCIL ACTION TAKEN.• 9/13/94: 10/4/94: Council adopted the ordinance. 7 -0 Related File Numbers: Ordinance or Resolution Number (this item only): Ord 94 -058 1 2 3 4 5 i 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ')g 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 1. SPONSORED BY Consent PROPOSED BY Administrative Services DATE INTRODUCED: 9/13/94 ORDINANCE NO. 94 -058 AN ORDINANCE AMENDING THE ORDINANCE ESTABLISHING A REVOLVING CHECKING ACCOUNT FOR THE INDUSTRIAL INSURANCE FUND WHEREAS, Ordinance No. 84-14: titled AN ORDINANCE ESTABLISHING A REVOLVING CHECKING ACCOUNT FOR THE INDUSTRIAL INSURANCE FUND set a limit of $20,000 on the Industrial .Insurance Fund Revolving Checking Account, and WHEREAS, it has become apparent that increases have occurred in the following categories: medical vendor claims, permanent partial disability awards and number of employees receiving time loss payments. Therefore, $20,000 is not a sufficient amount to maintain the account for a full month. NOW, THEREFORE, BE IT ORDAINED THAT ORDINANCE No. 84 -14 TITLED AN ORDINANCE ESTABLISHING A REVOLVING CHECKING ACCOUNT FOR THE INDUSTRIAL INSURANCE FUND be, and hereby is amended to raise the limit of the checking account to $50,000; Be it further ordained that the County Treasurer shall issue a check in the amount of $30,000 from the Self- Insurance/Employee Benefit Fund 14400 to supplement the revolving checking account for the Industrial Insurance Fund. PASSED this 4th day of October , 1994 ATTEST: 4,417� Clerk of the Council APPROVED AS TO FORM: jJ1,c eiL ,�' AA.4;Y� r Civil Deputy Prosecuting Attorney WHATCOM COUNTY COUNCIL WHATCOM COUNTY, WASHINGTON Robert Imhof Ch ' rson (✓) APPROVED ( ) VETOED AAA., � k." 1440� Shirley Van Zan en Whatcom County Executive Co DATE