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. . ? , , ? ,a""'?? <br />CITY OF NORTH OIMSTID <br />ORDINANC,E N0. 90-97 <br />By: Counci]man Tallon <br />AN ORDINANCE TO ESTABLISH WITHIN THE TRUST AND A(ENCY <br />FCTND GROtTP A"HOSPITALIZATION FCTND" OF THE CITY OF <br />NORPH OIMSTID FOR RECEIPT OF HOSPITALIZATION MOIVIES <br />AND RELATED EXPENDITCTRE.S, AND DDCLARING AN IIERCENCY. <br />Whereas, the City of North O]msted has entered into an agreenent <br />with an adiiinistrator for the processing and paytrient of employee <br />hospitalization claims; and <br />Whereas, the adninistrator is to be reimbursed for claims paid <br />within certain deductable limits, paid an aclni.nistratian fee andpaid <br />for insurance covering claims in in exc:ess of certain deductables;and <br />Whereas, the City of North Olmsted intends to provide funding <br />through amounts calculated as a monthly premium and paid to the fund <br />for each employee covered by the plan as provided by employmPazt <br />agreement or collective bargaining agreement and which in part or in <br />whole may be withheld fran wages or paid directly by such employee. <br />NOW, THEREFORE, BE IT ORDAINID BY THE CITY OF NORTH OLMSTID, <br />COtINTY OF CLIYAHOGA, AND STATE OF OHIO: <br />Section 1: That there is hereby created a Hospitalization Fund <br />within the Trust and Agency Fund group to account for revenues and <br />expenditures related to the City of North Olmsted's hospitalization <br />plan. <br />Section 2: That the Director of Finance be and is hereby directed <br />to establish a Hospitalization Fund and to record receipts and <br />expenditures consistant with this Ordinance. <br />Section 3: That the Clerk of Council shall iimiediately forward an <br />attested copy of this ordinance to the Auditor of Cuyahoga County and <br />the Auditor of the State of Ohio. <br />Section 4: That this Ordinance is hereby declared to be an <br />emergency measure inmediately necessary for the preservation of the <br />public health, safety and welfare, and further provided it receives the <br />affirmative vote of twn-thirds of all mmbers of Council it shall take <br />effect and be in force immediately upon its passage and approval by the <br />Mayor. <br />:if <br />J ??D <br />Passed: 49 <br />2 T 1 <br />-- <br />Attest: