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PLACED 0N 1ST READING & REFERRED TO THE <br />FINANCE COMMITTEE 11/7/05. <br /> <br />RESOLUTION NO 8044-05 <br /> <br />FitzGerald, Seelie. <br /> <br /> AN EMERGENCY RESOLUTION authorizing the Director of Finance to enter into an agreement <br />to apply to The Ohio Bureau of Workers' Compensation to participate in a Retrospective Rating Plan for <br />the City of Lakewood <br /> <br /> WHEREAS, the Retrospective Rating Plan offered by the Ohio Bureau of Workers' Compensation <br />is a form of self-insurance, and has resulted in significant savings in the years the City has utilized it, and <br /> <br /> WHEREAS, this Council by a vote of at least five members etected thereto determines that this <br />resolution is an emergency measure, and that this resolution shall take effect at the earliest date possible <br />as set forth in ARTICLE [11, SECTIONS 10 and 13 of the SECOND AMENDED CHARTER OF THE CITY <br />OF LAKEWOOD, and that it is necessary to provide for the usual daily operation of the City in that the <br />Ohio Bureau of Workers' Compensation must receive the City's application for the Retrospective Rating <br />Plan by ~!ovember 30, 2005 Now therefore, <br /> <br /> BE IT RESOLVED BY THE CITY OF LAKEWOOD, STATE QF OHIO' <br /> <br /> Section 't. That the Director of Finance shall be and is hereby authorized to enter into an <br />agreement with The Ohio, Bureau of Workers' Compensation to participate in a Retrospective Rating Plan <br />for workers' compensation coverage for the employees of the City of Lakewood for the 2006 policy year in <br />accordance with applicable provisions of the Ohio Revised Code and the Codified Ordinances of the City <br />of Lakewood <br /> <br /> Section 2. It is found and determined that all formal actions of this Council concerning and <br />relating to the passage of this resctution were adopted in an open meeting of this Council, and that all <br />such deliberations of this Council and any of its committees that resulted in such formal action, were in <br />meetings open to the public, in compliance with all legal requirements <br /> <br /> Section 3. That this Resolution is hereby declared to be an emergency measure necessary for the <br />usual daily operation of City for the reasons set forth in the preamble to this Resolution, and provided it <br />receives the affirmative vote of at least five of its members elected to Council, this Resolution shall take <br />effect and be in force immediately upon its adoption by the Council and approval by the Mayor otherwise, <br />it shall take effect and be in force after the earliest period allowed by law <br /> <br /> President of Council <br /> <br />^ppreved:'-)Crv, ¢,'"' ¢' <br /> <br />' C~erkof~uncJl 0 <br /> <br /> <br />