IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE appropriating $50,000.00 from the undesignated fund balance of the 2012 Self-Insurance Fund in acceptance of partial settlement payment of insurance proceeds from Traveler's Insurance to cover property damage at Truman Medical Center's Lakewood facility resulting from a break in the chiller system and authorizing the Director of Finance and Purchasing to issue a check to Truman Medical Center in the amount of $50,000.00.
Intro
ORDINANCE #4394, February 21, 2012
INTRODUCED BY Scott Burnett, County Legislator
Body
WHEREAS, Jackson County provides property insurance through Traveler's Insurance for the Truman Medical Center Lakewood (TMC) facility; and,
WHEREAS, a break in the chiller system at TMC resulted in significant property damage, currently estimated at more than $350,000.00, which is in excess of the County's deductible of $150,000.00; and,
WHEREAS, once all damages have been identified, a final settlement and release of claims will be submitted to the Legislature; and,
WHEREAS, an appropriation is necessary to place the insurance proceeds in the proper spending account; and,
WHEREAS, the County Executive recommends said appropriation; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation be made from the undesignated fund balance of the 2012 Self-Insurance Fund:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
Self-Insurance Fund
Non-Departmental
060-9999 47045 - Settlements & Jdgmts $50,000
060-2810 Undesignated Fund Balance $50,000
060-2810 Undesignated Fund Balance $50,000
060-5160 56720 - Settlements & Jdgmts $50,000
and,
BE IT FURTHER ORDAINED that the Director of Finance and Purchasing be and hereby is authorized to issue a check in the amount of $50,000.00 to Truman Medical Center Lakewood; and,
BE IT FURTHER ORDAINED that all County officials be and hereby are authorized to execute any and all documents necessary to give legal effect to this partial settlement.
Enacted and Approved
Effective Date: This ordinance shall be effective immediately upon its signature by the County Executive.
APPROVED AS TO FORM:
______________________________ ________________________________
Chief Deputy County Counselor County Counselor
I hereby certify that the attached Ordinance, Ordinance #4394 introduced on February 21, 2012, was duly passed on February 21, 2012 by the Jackson County Legislature. The votes thereon were as follows:
Yeas ________7_______ Nays _____0________
Abstaining _____0______ Absent ______2______
This Ordinance is hereby transmitted to the County Executive for his signature.
____________________ ________________________________
Date Mary Jo Spino, Clerk of Legislature
I hereby approve the attached Ordinance #4394.
____________________ ________________________________
Date Michael D. Sanders, County Executive
Fiscal Note
Funds sufficient for this appropriation are available from the source indicated below.
ACCOUNT NUMBER: 060 2810
ACCOUNT TITLE: Self-Insurance Fund
Undesignated Fund Balance
NOT TO EXCEED: $50,000.00
______________________ _________________________________
Date Director of the Department of Finance