30-14 Amend Insurance Provisions

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Placed on first reading and referred to the Public Safety Committee 6/16/2014, second reading 7/7/2014. Substitute version rec- ommended for adoption 8/24/2014. Please substitute for the original. ORDINANCE NO. 30 -14 BY: Anderson, Bullock, Juris, Madigan, Marx, Nowlin, O'Leary. AN ORDINANCE to take effect on January 1, 2015 amending certain provisions of the Codified Ordinances of the City of Lakewood regarding insurance requirements. WHEREAS, it is necessary and desirable to amend various sections of the Codified Ordi- nances of the City in order to make provisions regarding insurance requirements consistent throughout the code; and WHEREAS, pursuant to the Constitution of the State of Ohio and the Ohio Revised Code, municipalities have the power of local self - government, and the power to enact laws that are for the health, safety, welfare; and WHEREAS, this ordinance shall take effect on January 1, 2015, in order to become ef- fective concurrently with legislation establishing insurance amounts and limits; now, therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, OHIO: Section 1. Section 129.33, Self - Insurance Funds, of the Codified Ordinances of the City of Lakewood, currently reading as follows: 129.33 SELF - INSURANCE FUNDS. (a) The Recreational Self- Insurance Fund. (1) There is hereby established, in and for the City, pursuant to Ohio R.C. 2744.08(A)(2)(a), a special find to be known as the "City of Lakewood Recreational Programs and Recreational Facilities Self- insurance Fund" (hereinafter and otherwise referred to as the "Recreational Self - Insurance Fund" or the "Fund" ). (2) The Fund shall be administered in accordance with the Recreational Pro- grain and Facilities Self - Insurance Agreement between the City and the School District, dated June 11, 1987, as such Agreement shall be amended from time to time, as authorized by Ohio R.C. 2744.08(A)(2)(b). (3) The source and amount of the moneys to be deposited to the credit of the Fund shall be determined in accordance with the Agreement, as it may be amended from time to time. (4) The purposes of expenditures and other uses of moneys and the authority to expend such moneys from the Fund shall be determined in accordance with the Agreement, as it may be amended from time to time, including, but not limited to, the purposes o£ A. Paying claims, whether by settlement or pursuant to a final judgment;