Title
TO AUTHORIZE THE CREATION OF THE SELF-INSURED WORKERS COMPENSATION PROGRAM FUND; AND TO DECLARE AN EMERGENCY
Drafter
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Body
WHEREAS, the City has been approved to become self-insured for the administration of our Workers Compensation program; and
WHEREAS, in order to implement the self-insured Workers Compensation Program, the City needs to create a fund for the payment of claims and administrative costs; and
WHEREAS, this fund will operate as an internal service fund whereby the resources for the program are derived from a cost allocation from the various operating budgets; and
WHEREAS, the appropriations for this fund will be contained in the annual appropriations ordinance; and
WHEREAS, we have been approved to be self-insured March 1, and it is imperative to move forward with this fund creation so that funds may be allocated as soon as possible, and all for the preservation of the public peace, property, health, safety and welfare;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That the Director of Finance is hereby authorized to create a self-insurance Workers Compensation Program Fund to administer the City's self-insured Workers Compensation program.
Section 2. That the Mayor is hereby authorized to take all actions, including the execution of all documents or amendments necessary to enter into, implement, and administer the City's self-insured Workers Compensation Program.
Section 3. That, for the reasons set forth in the preamble hereinabove, this ordinance is declared emergency legislation and shall be in full force and effect immediately upon passage and signature of approval by the Mayor.