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RESOLUTION NO. 7708-02 <br /> <br />BY: Corrigan, Dunn, FitzGerald, <br />George, Roth, Seelie, Skindell. <br /> <br /> AN EMERGENCY RESOLUTION authorizing the Director of Finance to enter <br />into an agreement with The Ohio Bureau of Workers' Compensation to participate in a <br />Retrospective Rating Plan for the City of Lakewood. <br /> <br /> WHEREAS, the Retrospective Rating Plan offered by the Ohio Bureau of <br />Workers' Compensation is a form of self-insurance, and has resulted in significant <br />savings in the years the City has utilized it; and <br /> <br /> WHEREAS, this Council by a vote of at least five members elected thereto <br />determines that this resolution is an emergency measure, and that this resolution shall <br />take effect at the earliest date possible as set forth in ARTICLE III, SECTIONS 10 and <br />13 of the SECOND AMENDED CHARTER OF THE CITY OF LAKEWOOD, and that it <br />is necessary to provide for the usual daily operation of the City in that the Ohio Bureau <br />of Workers' Compensation must receive the City's application for the Retrospective <br />Rating Plan by November 30, 2002. Now therefore, <br /> <br />BE IT RESOLVED BY THE CITY OF LAKEWOOD, STATE OF OHIO: <br /> <br /> Section 1. That the Director of Finance shall be and is hereby authorized to <br />enter into an agreement with The Ohio Bureau of Workers' Compensation to participate <br />in a Retrospective Rating Plan for workers' compensation coverage for the employees <br />of the City of Lakewood for the 2003 policy year in accordance with applicable <br />provisions of the Ohio Revised Code and the Codified Ordinances of the City of <br />Lakewood. <br /> <br /> Section 2. It is found and determined that all formal actions of this Council <br />concerning and relating to the passage of this resolution were adopted in an open <br />meeting of this Council, and that all such deliberations of this Council and any of its <br />committees that resulted in such formal action, were in meetings open to the public, in <br />compliance with all legal requirements. <br /> <br /> Section 3. That this Resolution is hereby declared to be an emergency measure <br />necessary for the usual daily operation of City for the reasons set forth in the preamble <br />to this Resolution, and provided it receives the affirmative vote of at least five of its <br />members elected to Council, this Resolution shall take effect and be in force <br />immediately upon its adoption by the Council and approval by the Mayor otherwise, it <br />shall take effect and be in force after the earliest pedod allowed by law. <br /> <br />President of Council <br /> <br />Approved://~?~~ 2-/t <br /> <br />Mayor <br /> <br /> <br />