Resolution 3762 - Emergency Expenditures - Comprehensive Liability InsuranceRESOLUTION NO. 3762
A RESOLUTION APPROVING EMERGENCY EXPENDITURES IN THE AMOUNT OF $99,722.00
TO COVER THE ACTUAL COST OF OBTAINING COMPREHENSIVE LIABILITY INSURANCE
FOR FISCAL YEAR 1987.
WHEREAS, the City of Kalispell in Fiscal Year 1987 appropriated
$144,356.00 to cover the cost of Comprehensive Liability. Insurance
incurred during said year, and
WHEREAS, for reasons that could not have been reasonably foreseen
at the time of the appropriating said amount, the actual cost of
Comprehensive Liability Insurance was $244,078.00, and
WHEREAS, it is estimated that $99,722.00 is required to meet the
emergency, and
WHEREAS, the City Council of the City of Kalispell, pursuant to
Section 7-6-4252, M.C.A., on the 10th day of August, 1987, passed
Resolution No. 3756 , and pursuant to said Resolution the City Council
did set a Public Hearing to be held at 7:30 P.M. on the 8th day of
September, 1987, at the Council Chambers, City Hall, Kalispell, Montana,
and directed the City Clerk -Treasurer to publish Notice of said Public
Hearing in accordance with said section, and
WHEREAS, the City Council pursuant to said Notice did hold a
Public Hearing at said time and place and provided an opportunity for
taxpayers and residents of the City of Kalispell to be heard for or
against the expenditure of money for the alleged emergency, and
WHEREAS, the City Council at the conclusion of said hearing determined
that it was appropiate to approve the emergency expenditure of $99,722.00
to cover the actual cost of Comprehensive Liability Insurance for
Fiscal Year 1987.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION I. That an emergency exists in the Comprehensive
Liabiliity Insurance Fund for the Fiscal Year 1987, occasioned
by unanticipated rises in the cost of securing liability
insurance resulting in a fund deficit of $99,722.00.
SECTION II. That the City Council does hereby approve the
expenditure of $99,722.00 and directs the said expended funds
be drawn on emergency warrants from the Comprehensive Insurance
Fund.
SECTION III. That this Resolution shall be entered upon the
minutes ot the Council meeting held this date and as such
shall evidence compliance with Section 7-6-4252, M.C.A.
PASSED BY UNANIMOUS VOTE OF THE CITY COUNCIL OF THE CITY OF KALISPELL
AND APPROVED BY THE MAYOR THIS STH DAY OF SEPTEMBER, 1987.
o n (LV�4-
Ed" Kennedy r., Mayor
ATTEST:
City lerk-T easurer --_- -- _---- __ -
I, the undersigned, City Clerk of the City of Kalispell, certify What the
foregoing is a true copy of the Resolution passed by the City Council of the
City of Kalispell, Montana at a regular meeting hold
City Clerk of the City of Kalispell